Archive for Say What?

Only 8% of the world’s currency is in physical money.

We live in a digital world, so it’s no surprise that only 8% of all the “money” around the world is physical cash. But no need to rush the bank. The digital dollars in your checking and savings account are as real as the cash in your pocket.

94% of bills are contaminated with bacteria

Studio shot of old dollar notes. Image shot 2011. Exact date unknown.

Approximately 94% of paper money that moves from hand to hand is riddled with bacteria. One NYU study found 3,000 types of organisms on just 80 $1 bills — including bacteria linked to pneumonia, food poisoning and staph infections.

If money is too filthy to touch, how are you supposed to pay the bills? Consider using a credit card instead. If you’re on time with your payments, you’ll raise your credit score and stave off the common cold!

The Bureau of Engraving and Printing uses 9.7 tons of ink each day

Benjamins

The United States Bureau of Engraving and Printing (also called the “Money Factory”) has two active facilities from which it prints money today. Together these two facilities use a mind-blowing 9.7 tons of ink per day.

A penny costs 2.4 cents to manufacture.

Yes, it costs more than two pennies to make one penny, all so that you can get exact change on a $1.99 candy bar……..