Greenbacks!


I looked at the $10 bill the cashier gave me and sighed. "Orange? Dollars aren't orange. Why the hell you think we call 'em greenbacks?"

I've been gone too long.


Sean Paul Kelley July 10, 2009 - 4:50pm
( categories: Ruminations )

... one dollar coin yet?

quax July 10, 2009 - 10:00pm

...ir should be purple! Purple is the colour of royalty--very dignified. Twenty-dollar bills are green! Five-dollar bills are blue! Fifty-dollar bills are orange!

One dollar coins are gold, two dollars coins are silver with a gold centre! Your turn for having your pockets weighted down with coins falling through the holes is coming to YOUR pants. The colour for paper bills will be the least of your problems! LOL

Please stop your government from adopting the metric system because you'll never know for the rest of your life how much a pound you're being charged for your beef, pork, chicken, turkey, and lamb.

canuck July 10, 2009 - 10:07pm

...orange but are now brownish?

The thousands used to be that tan [Not that I'd know from personal experience, but crappy colour, eh?] but are now I think more purplish.

In case one can't already tell, given the advent of INTERAC, I haven't actually laid eyes on anything larger than a 20 in some time...

“The absence of any US-Iran bilateral channel...may have the perverse effect of reinforcing Iranian interest in progressing in the nuclear realm so that the US will be forced to take it seriously and engage it directly." ~ Richard Haass

JustPlainDave July 10, 2009 - 10:18pm

yesterday I purchased US$200.00 and Fiji$200.00,

The Fiji $50.00 notes are pinkish red, the USD are basically grey with a red wavy pattern on the right, with a gilt 50.00 in the far right bottom.

On the reverse sides the Fijian notes have a multi-colored village scene, whereas the US notes have the greenish capitol scene.

The FJD cost AUD$133.47 and the USD cost AUD$262.30. So I ended up with $400.00 for my ~AUD$400.00. heh.

graham July 10, 2009 - 10:30pm

Yep, the fifty-dollar bill mint design was red.

Canadian money colour coding

But I withdrew thirty of them less than a month ago to give to yacht club members for showing on a scheduled Work Day. The thirty that I received were orange. Perhaps they’d be in circulation and lost the ‘red’ intensity?

Have received hundred dollar bills in payment and they definitely are brown.

Hate having bills all the same colour--means having to actually look at them to ensure their denominations.

Pity clothing manufacturers didn't reinforce pockets when one and two-dollar bills were converted to coins. L0L Resisted the coins initially, but now find them handy for parking metres and buying inexpensive things under five dollars.

The pink (because of its colour and association with organized crime) thousand-dollar Canadian bill was withdrawn from circulation in 2000

Hardly ever carry more than twenty dollars myself--instead use my debit card. Must have massively reduced thieves incomes. L0L Haven't been successful at dissuading my mother from carrying large sums of cash! (sigh!) But she never leaves home without my brother or myself as escorts. She's currently 89!

Warning to American Agonists: Don't accept Canadian Tire money that looks somewhat similar LOL

canuck July 11, 2009 - 1:00am

The term "green" is on everyone's minds these days, whether it's getting more green as in making more money, or going green environmentally. The need for more green technology and practices is
definitive, as the impact on our environment from our appetites for fossil fuel machinery and methods of generation electricity have taken a toll. An effort does have to be made to repair our planet, but many consider the loss of amenities to be too great to surmount. However, there are ways of getting by: solar water heating devices, electric high speed trains getting installed for public transport, and so forth. If you start going a little more green, it's like giving a cash advance to the Earth.

LohanP July 11, 2009 - 3:09am

One of my favorite bills of all time was the old Irish 5 Irish Pound note, the one with Scotus on the front and the doG from the Book of Kells on the back, it all its glory.

As far as colored bills go, the set used for the Euro is most acceptable, both size and color are used to distinguish denominations, particularly helpful for the visually impaired, there is no mistaking a small blue 5 from the larger bluish 20 or the intermediate sized rose colored 10. The yellow/orange/tan of an even larger 50 is unmistakable, even to the least observant. The notes for sterling follow the same scheme as well. Without size differences, an unsighted person could not tell a five from a fifty as it was; dead easy to rob the blind that way.

Adam Smith in "Wealth of Nations" observed the only real measure of value was based upon labour but could not determine with the resources he had available how to come to a basic value figure given the complexity of input necessary to produce economic labour (complicated by educational requirements, training and skill development, etc. that are required to produce work). Today there are models that take all such complexity into account and produce finely tuned models of complex systems, forest energy flow ecosystems, weather, aerodynamic effects, even the virtual explosion of an atomic weapon. Still this modeling capability has not been applied to Adam Smith's fundamental observation as to the foundation of economic value - labor. What would the world do with a value that remains constant, year after year, is not effected by speculation, not readily inflated by scarcity or depleted by abundance; what would a currency unit accomplish if it were based upon an hour of labour, what value could be trusted for the currency to carry.
Much work needs to be done to build an alternate to the present economic system before the present system collapses from systemic economic bankruptcy, time is running out.

P.S. S.P. when are you on the road again, I am missing your travelogues already.

Arnie July 11, 2009 - 2:36pm

The Economist "Big Mac Index"?

Synoia July 11, 2009 - 9:05pm

Sorry, not relating to your reference at all.

The Economist was last useful as information source during the MSM love-in with the Reagan administration. Since, it has become a house organ for the Chicago School of Economic Phrenologists; utterly devoid of independent ideologic POV and equally as intellectually bankrupt.

The "Big Mac Index" ? Other than a list of Apple products, I do recall having a Lotaburger back in 1987. Is that close enough?

Adam Smith in "Wealth of Nations" observed that labour intensive products (corn growing) came closest to mirroring the value of labour but were beset with uncontrollable variables (weather/fertility/etc.) that affected the market value of corn. Instead of calculating value in real terms, he opted to use nominal terms derived from a medium of exchange based on a relatively stable commodity - money (sterling). He went to considerable length to illuminate the history, the pitfalls and dangers of using such reliance upon nominal values as opposed to real values, a warning best understood and heeded if relying on money to ascertain value of anything else.

Arnie July 12, 2009 - 2:31am

except for the $5 bill with that big gaudy purple numeral on it.

I did inhale.

Don July 12, 2009 - 12:49pm

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