CP came across a wonderful website gem today called Will’s Online World Paper Money Gallery. The site basically collects images of different world paper currencies and lists them in alphabetical order for your viewing pleasure. I’ve always believed that some of the greatest designs around us are in our money, and this website makes that clear. It’s going to take me a couple of days at least to go through each country on the list.
Hedgefunds is a personal savings deposit that resembles those old coin donation buckets in malls where you would drop a coin in and watch it spiral downwards into a hole in the center (I believe they are extinct now since I haven’t seen one in a mall in ages). But instead of taking up a quarter of your room, designer Christian Lessing has shrunk the idea and turned it into this thing you can fit on your desk.
If you’ve been to my room at all, you’ll know that I keep all of my coins in a jar similar to this — just without the top portion, and I think I’d have a much more enjoyable time saving my cents if I had this contraption. No idea how much it costs, but it looks “designery”, so I bet it’ll cost me all of my savings just to buy one. Ironic, huh.
Every once in a while as I’m biking around the Midtown area, I get a chance to pass by the National Debt Clock. I’m always mesmerized by its ever-rising numbers because a part of me cannot believe that the debt rises that many numbers in a matter of seconds.
I don’t quite understand the whole economy right now, but all of this talk of banks failing sounds incredibly scary. The New York Times is reporting that Washington Mutual was just seized by the United States Government and sold to JP Morgan Chase. At the time of the sale, Washington Mutual’s total assets were worth an estimated $307 billion (which is to say, WaMu is a $307 billion failure).