stackyFACTSThe old myth that firing up the central bank printing press instantly makes your cash worthless ignores where the funds actually go. If all that newly printed capital is just hoarded by billionaires or trapped in bank reserves, everyday prices will not even flinch.
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In a beautiful display of Canadian politeness and economic absurdity, Canadian Tire stores issued so much colorful loyalty paper money that it became a de…
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While microeconomics worries about why you chose to buy a generic brand, macroeconomics zooms so far out it loses sight of the individual entirely. It…
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Sometimes a piece of paper is so stubborn it outlives the dictator who commissioned it. After the Gulf War, Saddam Hussein printed new, cheap money and…
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Gone are the days when coins were tied to physical gold bars. Modern bills have worth exclusively because men with badges declare they are valid for paying…
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The higher the value, the lazier the bill. A $1 note constantly changes hands, getting crumpled, folded, and stuffed into pockets, giving it an average…
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While Hollywood heist movies always feature neatly stacked briefcases of hundred-dollar bills, real criminals aim significantly lower. The $20 bill is the…
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