Online gallery of world paper money

November 3, 2009 @ 6:41 pm

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.

Money Bag Wallet

July 3, 2009 @ 7:36 pm

bank-money-bag-wallet

Etsy user chakrapennywhistle has this one-of-a-kind wallet for sale that’s made entirely out of a vintage (and used) bank money bag. Price: $35. A great price for an item that nobody else will have. Buy it now before it gets sold out like the last one.

Thanks Gearfuse!

Hedgefunds by Christian Lessing

February 4, 2009 @ 8:42 am

hedgefunds-by-christian-lessing3

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.

National Debt Clock has run out of numbers

October 8, 2008 @ 7:34 pm

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.

Recently, the sign which sits at 1133 Avenue of the Americas (Google Maps shows an old image of the debt at only about $8 trillion), has risen past the $10 trillion mark and thus has run out of numerical spaces to show the national debt. The Durst Organization, the owners of the building and the sign, intends to erect a new sign with two extra numerical digits sometime next year. But for now, the dollar sign has been replaced with a non-digital one so that the number “1″ can take the place of it.

So why is the national debt rising so quickly? Well, because $100 billion was used to bail out Fannie Mae and Freddie Mac and another $700 billion was used to bail out failing banks.

That’s all very scary when you think about it, but consider this: The national debt rises an average of $3.24 billion PER DAY. I can’t even wrap my head around how much money that is.

Washington Mutual becomes the biggest bank failure in history

September 25, 2008 @ 11:31 pm

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).

Should I be doing anything?