New $100 bills coming to a bank near you in October
Story: http://nbcnews.to/17XlMsi l Photo: Federal Reserve
So much for the modest, admittedly counterfeit-prone money of our youth.Now Ben Franklin’s just runnin’ around, showing off his gold numbers to everyone.
New $100 bills coming to a bank near you in October
Story: http://nbcnews.to/17XlMsi l Photo: Federal Reserve
Poor Richard’s News should use the top image as his avatar. The bottom image looks like a photocopy that had liquid paper dumped all over it.
When Warren Buffett visits his newspapers, he signs dollar bills offered up by his employees. Bet ya Carlos Slim doesn’t do that. Also bet his signature is better than Jack Lew’s. (Buffalo News photo)
The Treasury Department will not mint a trillion-dollar platinum coin to get around the debt ceiling. If they did, the Federal Reserve would not accept it.
That’s the bottom line of the statement that Anthony Coley, a spokesman for the Treasury Department, gave me today. ”Neither the Treasury Department nor the Federal Reserve believes that the law can or should be used to facilitate the production of platinum coins for the purpose of avoiding an increase in the debt limit,” he said.
The inclusion of the Federal Reserve is significant. For the platinum coin idea to work, the Federal Reserve would have to treat it as a legal way for the Treasury Department to create currency. If they don’t believe it’s legal and would not credit the Treasury Department’s deposit, the platinum coin would be worthless.
Well they didn’t say anything about a platinum egg, right? So there’s still hope! (Note: Sarcasm.)
How The Poor, The Middle Class And The Rich Spend Their Money
Interesting detail in this graphic: Spending on transportation goes up for the middle class.
(Source: planetmoney)
Digital wallet combines users’ credit cards and selects the best one
The Wallaby Card is connected to each of its users’ credit card accounts and is able to select the best one to take advantage of rewards and savings.
Interesting concept.
Agreed, but anyone see any pitfalls with this?
Today in Larry Ellison’s ongoing plan to actually become a real-life Hank Scorpio.
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The surplus wealth I have has no utility to me. It has all kinds of utility to the rest of the world if used properly.Warren Buffett: My Extra Money Would Be More Useful To Others (via huffingtonpost)
Zimbabwe’s ongoing currency struggles: In which we attempt to break down the gist of a great New York Times story into two photos with some text on top. Suggestion: Coinstar should mail all the change people don’t want in the U.S. to Zimbabwe. (photos via The Zimbabwean, Wikimedia Commons)
» But where does it all go? Since 2005, Congress has allowed the Transportation Security Administration (TSA) to use forgotten money left behind by passengers as part of their operating budget, although the agency says it works hard to return the money left by passengers. But a new proposal in the House of Representatives, introduced by Rep. Jeff Miller (R-FL), would change that. Miller’s proposal would send all forgotten monies, collected by the TSA, to the USO instead, and may expand the bill to include higher value items like sunglasses, cameras, and computers. He’s convinced that taxpayers and travelers alike would both prefer it this way. But we’re wondering, what do YOU think of this new plan?
Divide this number by 50 and you have the amount of money we make on the blog. Give or take a few million.
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