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Questions tagged [paper-money]

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1answer
191 views

Are dollar bills considered negotiable instruments? If not why? [closed]

Preface: I am talking about federal reserve notes (or US notes though antiquated), but not coin. As I understand it in the United States, the only real money is coins. The paper money is a promise by ...
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3answers
134 views

Axiomatic approach to money, securities and other instruments? [closed]

As I read about cash, stocks, bonds, derivatives, etc., I can't help but wonder why there are so many diverse financial products out there. Any pointers to axiomatic treatment that explains ...
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2answers
270 views

A friend borrowed a large sum of money from me and is not returning my calls [closed]

A friend borrowed a large sum of money from me and is not returning my calls/texts for the last few weeks. Its been going on over 4 years and he promised to pay but now I cannot hold any longer since ...
1
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1answer
93 views

Newbie Question regarding Fiat Currency & the 'Promise to Pay' statement [closed]

I am a newbie and wanted to ask a quick question regarding statements that economists make, that is: "A currency is a promise to pay" "US will not be able to pay it's debt" So that I can ...
3
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3answers
153 views

Opening a bank account with cash: How should bills be presented?

I am opening a checking account tomorrow and am planning to deposit $700 that I have in cash to start. It is made up of 30 twenty dollar bills and one one hundred dollar bill. How should I organize it ...
2
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3answers
241 views

How to measure a currencies valuation or devaluation in relevance to itself

Usually when currencies are devalued, the percentage change is given in relevance to USD or EUR. Is there a way to measure the currencies change in value to itself or to all the world's currencies ...
0
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1answer
36 views

Best approach for collect money vs resolve some points

First of all Sorry about my English. Second I have this question: I don't know how to distribute money between goals that must be achieved(bought) at the certain time not now. List of goals(it's ...
1
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1answer
451 views

Proper name for banknote values (sizes)? [closed]

For example USD uses $1, $2, $5, $10, $20, $50, $100. What is a proper name for these options? If I want to give someone $1000, what would be the proper way of asking them what is the largest bill ...
3
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2answers
334 views

Do polymer banknotes generally contain animal fat?

There is currently a brouhaha in England about the new polymer £5 notes, which contain trace amounts of animal fat. Is this problem unique to England, or is it common to other places that use polymer ...
1
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1answer
600 views

The Purpose of Change Machines [closed]

I need some clearing up, do Change Machines exchange bills for coins or coins for bills. For example if I put a dollar in a Change Machine will I get four quarters back or visa versa?
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2answers
122 views

How can you make three hundred dollars in a few weeks [closed]

How could you make three hundred dollars in a few weeks no job at the age of 17.
14
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4answers
3k views

Why do large notes exist? [closed]

Why do the €200 and €500 notes exist? From what I read, they are mainly popular in organised crime. Most currencies do not have such large notes. Some eurozone predecessor currencies did — is that ...
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2answers
423 views

A way to store money in something like a credit card without my name on it? [closed]

I need to travel abroad, and one of the ways I thought I could easily take money without it being in a form of cash is to buy something. Gift cards obviously is a bad idea - it's limited amount ($100 ...
4
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1answer
315 views

Tangible alternative to paper U.S. savings bonds?

When I was little, it was fairly common to get US Savings Bonds from relatives. It introduced me to savings, financial instruments, and the idea of delayed gratification. I know there are 529 plans, a ...
5
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1answer
263 views

Canada's polymer $100 bank notes: When will other dollar amounts of “plastic money” be available?

In November 2011, the Bank of Canada released a new polymer (plastic) one-hundred dollar bank note, including transparent areas and metallic images. What other denominations of Canadian paper money ...
8
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7answers
3k views

Why don't banks print their own paper money / bank notes? [closed]

The fractional reserve system benefits the banks immensely, according to the documentaries I’ve been watching recently. However, I began wondering why they don’t get into the paper business too. If ...