Some Common Cents for June 19th 2015

June 19, 2015, by John Norris

This week, Treasury Secretary Jack Lew announced plans to redesign the $10 bill, and replace the current headshot of Alexander Hamilton with a yet to be named woman. This comes at the heels of a push to remove Andrew Jackson from the $20 bill. However, the Treasury announced the $10 bill was due for a redesign before the $20, so the $10 bill it is. Fair enough, but I can’t grasp why it would throw...

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The US Currency (btw…bonus points if you make it to the end of this post)

June 16, 2015, by John Norris

Recently, I have been reading about the impending collapse in the US dollar. The arguments supporting said collapse are compelling, when you take them at face value. However, when you take a step back, you can come to a pretty stark realization: the dollar has been collapsing, for lack of a better word, for a very long time. Currencies are nothing more than a medium of exchange and, arguably, a store of value. Today, there...

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