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Greenbacks No More

michael posted more than 12 years ago | from the paper-or-plastic dept.

The Almighty Buck 1387

Chacham writes "The Financial Times has an article about the US adding colors to some denominations of US currency. Apparently, with both size and color the same, foreigners have a hard time differenciating between the bills.I still haven't gotten used to the larger pictures. And now this? As Kermit the frog sang, It's not easy being green." The Federal Reserve has a press release. At least there's no mention of RFID tags.

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Long Live The Canadian Dollar! (-1)

Pr0n K1ng (160688) | more than 12 years ago | (#3745531)

First Post!

Get it in you!

And all that jazz!

Re:Long Live The Canadian Dollar! (-1)

Fecal Troll Matter (445929) | more than 12 years ago | (#3745557)

Canadian, eh?

We use Canadian dollars in the US, too (1, Funny)

Anonymous Coward | more than 12 years ago | (#3745575)

We call them "pennies"

Huh? (5, Funny)

imta11 (129979) | more than 12 years ago | (#3745534)

What the hell is paper money? Is that what my parents used to buy things?

unF (-1, Troll)

Anonymous Coward | more than 12 years ago | (#3745536)

unF!

No more green (4, Interesting)

tomhudson (43916) | more than 12 years ago | (#3745537)

Well, here in Canada, we've had funny-looking money for ages. It was supposed to help cut down on counterfeiters, but bubble-jets keep getting better - they're even cloning the $5 bills now!

Re:No more green (0)

Anonymous Coward | more than 12 years ago | (#3745608)

they're even cloning the $5 bills now!

But doesn't that use more than $5 Cdn worth of ink? Sounds like a losing proposition.

Re:No more green (2, Funny)

silicon_synapse (145470) | more than 12 years ago | (#3745615)

From the linked articles, it seems one of the major motivations for changing the color is to help tourists distinguish between denominations. Is it really that hard to read the big number on any of the corners of the bill? It's also printed out elsewhere on the bill. How are colors going to help if tourists can't make sense of the numbers?

Loonies, Twonies & what, "Finnies" (2, Funny)

crovira (10242) | more than 12 years ago | (#3745666)

I'm a Canadian trapped here in the land of dull Greenbacks and I can attest that, while the confusion factor over the domination is not that high, damn, its a dull, ugly currency.

If only I had a lot more of it.

Re:No more green (2, Funny)

brocheck (59415) | more than 12 years ago | (#3745669)

Thats alright, the ink required to make a counterfeit $5 bill costs $7.95.

Fp (-1)

foodb4nk (563115) | more than 12 years ago | (#3745538)

maybe please god let me have the first FP I would truely enjoy the FP ~ im still a FP virgin I would like to lose my cherry now.

Re:Fp (-1)

foodb4nk (563115) | more than 12 years ago | (#3745609)

damn im a lamer.......

Sight impaired (2, Insightful)

Anonymous Coward | more than 12 years ago | (#3745540)

Different sizes helps the sight impaired.

first p0st (-1, Troll)

Anonymous Coward | more than 12 years ago | (#3745541)

oh damn. nevermind.

Vending Machines (2, Funny)

Dystopium (255143) | more than 12 years ago | (#3745542)

Damn, I just go my vending machines to accept the new bills. Now I have to do it all again.

Re:Vending Machines (1)

qurob (543434) | more than 12 years ago | (#3745591)


Who sticks a $20 in a vending machine?

Re:Vending Machines (1)

The Turd Report (527733) | more than 12 years ago | (#3745671)

Programmers who forgot to bring in their daily case of Coke.

What? (-1, Flamebait)

Anonymous Coward | more than 12 years ago | (#3745544)

foreigners have a hard time differenciating between the bills

Are these the same foreigners who blow our shit up?

Fuck em

RFID tags (4, Funny)

technomancerX (86975) | more than 12 years ago | (#3745549)

No, they don't mention them, they just put them in without saying anything =)

First stressed post (-1, Offtopic)

Anonymous Coward | more than 12 years ago | (#3745550)

hello my name is kerry getz

i am from lehighton pennsylvania and i like to stress

fuck fuck fuck

i am angry with my skateboard

i know damn well bam-bam and the gill laugh at me

fuck them -- i could give a fuck

lehighton forever my niggaz

About Time! (0)

Anonymous Coward | more than 12 years ago | (#3745551)

It's about time we catch up with the 21st century and delineate paper money with color and size. When travelling abroad, it's often easy to get used to the foreign currency because of the size/color differences. I can imagine if the currency were all the same size and color with pictures of strange old people on them, it would be difficult.

Then again, maybe confusing currency can be an anti-terror mechanism!

Re:About Time! (1, Funny)

mindstrm (20013) | more than 12 years ago | (#3745567)

Yeah..
It's *REALLY* hard to read the difference between the numbers "20" and "100" and "50" and "5"

I get them mixed up ALL THE TIME.

Seriously. Maybe you liked money in europe where each denominiation is a different size (and dimension, often).
I found it a royal pain in the ass. Can't carry it in a neat bundle.. can't fan it properly.

I hardly think some foreigners finding money all the same size too difficult is a reason to change something that has been standard for ages.

Re:About Time! (2)

kafka93 (243640) | more than 12 years ago | (#3745638)

Oh? You think that it's more important for a 'standard' to be maintained, then, even if it's a poor standard which leads to operational difficulties?

It's a bizarre notion, admittedly, that some people might find *quickly finding and using the correct money* to be more important than *carrying it in a neat bundle* or *fanning it*.

Re:About Time! (1)

silicon_synapse (145470) | more than 12 years ago | (#3745662)

It's about time we catch up with the 21st century and delineate paper money with color and size

Now I could get used to different colors, but I hope and pray they never start printing different sizes. That would wreak havoc on my wallet. It's not hard to find a bill when they're all the same size and you can sort through them, but if some are bigger than others won't the smaller ones get lost in the shuffle? I know other countries have had different size monies for a long time. Is it a problem?

Foreigners? (2, Funny)

Anonymous Coward | more than 12 years ago | (#3745552)

Yeah, cause those Europeans spell "20" as... umm... "20".

Trouble? (4, Funny)

geekd (14774) | more than 12 years ago | (#3745553)

Apparently, with both size and color the same, foreigners have a hard time differenciating between the bills.

One would think the big number in each corner would be a pretty big giveaway as to the bill's value.

:-)

I'm all for color on our bills. Our money is pretty boring compared to "exciting" foreign money.

But then, when it come to money, I'll all for boring. When "exciting" and "money" are used in the same sentence, it usually means I'm losing my ass.

Re:Trouble? (2)

Slycee (35025) | more than 12 years ago | (#3745599)

It seems to me that the main reason for this is to deter counterfeiting, not saving foreigners from needing to squint to buy a pack of chewing gum.

The wisdom of the Simpsons (5, Funny)

Torgo's Pizza (547926) | more than 12 years ago | (#3745640)

From the recent episode where The Simpsons go to Brazil, where the kidnappers just receive the ransom money to free Homer.

Brazilian 1: "Look at all that pink and purple."
Brazilian 2: "Our money sure is gay."

Re:Trouble? (2)

Cally (10873) | more than 12 years ago | (#3745647)

Oddly enough, the headline [bbc.co.uk] on this article is strangely apt.

Congress (1)

Wyatt Earp (1029) | more than 12 years ago | (#3745555)

Congress will raise a terrible stink about this.

They went around and around with Tres over the last modification of the bills.

I doubt it will happen.

Re:Congress (1)

DEBEDb (456706) | more than 12 years ago | (#3745642)

They went around and around with Tres over the last modification of the bills.


So there are people who really care about this?

With the euro approching 1 dollar (0)

Anonymous Coward | more than 12 years ago | (#3745558)


With the value of 1 Euro about to == 1 Dollar we should all just get some Euros

I like the idea... (1)

Fig, formerly A.C. (543042) | more than 12 years ago | (#3745663)

...but if we adopted Euros then all those spammers^H^H^H^H^H^H^H^Hbusiness people who email me about making a killing in the currency business would be out of work...

Honestly, I think a truly global currency would be good, but I think that some fat cat is making lots of money from the unequal exchange rates.

Different colors would be nice (0)

Anonymous Coward | more than 12 years ago | (#3745562)

I'm pretty careless and I probably once gave a $10 tip when I meant to give $1.

Re:Different colors would be nice (-1)

CofWheat (464490) | more than 12 years ago | (#3745634)

I once gave a $1 tip when I meant to give $10. Worked out pretty well!

You've got to be kidding me (2, Funny)

Clue4All (580842) | more than 12 years ago | (#3745565)

"International visitors complain 'We can't tell your denominations apart,'" said the Bureau of Engraving and Printing which will release new versions of the $20, $50 and $100 bills next year.

What you mean besides having different pictures and a HUGE FUCKING NUMBER on them? This just seems silly to me.

Re:You've got to be kidding me (2, Funny)

tomhudson (43916) | more than 12 years ago | (#3745580)

Well, it's harder at night, in a club, when you've had a few too many ...

Re:You've got to be kidding me (4, Insightful)

Saige (53303) | more than 12 years ago | (#3745619)

Remember, most people from other countries can tell the denominations of bills apart by just a quick glance at their color.

Imagine growing up, always having color as an identifying mark for currency. Suddenly, you're somewhere else, you pull out your money, and it's all the same color! Sure, they can look at it, but it's more effort than they're used to. Sure, not that much effort overall, but when you're used to one thing, and you have to do a little more, that can really throw you off.

Go try dialing a rotary phone, and see if you don't find it annoying just because of the time difference.

Re:You've got to be kidding me (0)

Anonymous Coward | more than 12 years ago | (#3745661)

So we should all switch to rotary phones because some tourists might use them in the homeland? Screw that

Well you've got to be kidding me (2, Redundant)

SteelX (32194) | more than 12 years ago | (#3745667)

It looks as though you've never travelled or lived outside the U.S. in your entire life.

Having different colors does make a huge difference for a lot of people. I've lived in four countries (including the U.S. now) and I definitely think that colored foreign currency notes are much easier to handle compared to boring green U.S. notes.

About goddamn time (4, Insightful)

James_G (71902) | more than 12 years ago | (#3745566)

I've lived in the US for 3 years now, and I'm still incredulous as to how backward the US paper currency is compared to other countries. The anti-counterfeit measures are basically non-existant, and the notes all look absolutely identical. Digging through your wallet it's impossible to know if something is a 5 or a 10 just by glancing at it, so to see how much cash you have is a long winded counting process.

In the UK, paper notes all have a brightly coloured square/triangle/circle etc. which help people who are partially sighted identify them. They're also slightly different sizes to help completely blind people identify the differences.

Apparently, up until now people in the US are patriotic to the extreme and can't stand to see their precious 'greenbacks' changed.. so it's about time this happened.. Let's hope they don't encounter too much resistance eh?

Re:About goddamn time (2, Funny)

elmegil (12001) | more than 12 years ago | (#3745626)

it's impossible to know if something is a 5 or a 10 just by glancing at it, so to see how much cash you have is a long winded counting process.

Yah, 'cos you know colors add in your head so much easier than numbers.

Re:About goddamn time (1)

Neil Watson (60859) | more than 12 years ago | (#3745645)

They still have to switch to metric first. Apparently crashing a multi-million dollar space probe due to a feet to meters conversion is not incentive enough.

Re:About goddamn time (2)

doooras (543177) | more than 12 years ago | (#3745650)

i've never had any trouble knowing how much money i have in my wallet, even without playstation symbols on it.

Re:About goddamn time (2)

leucadiadude (68989) | more than 12 years ago | (#3745655)

"The anti-counterfeit measures are basically non-existant"

Wrong.

Just because you personally can't see or detect the methods of protection, doesn't mean they aren't there. It's actually EXTREMELY hard to copy $10 and up denonmination bills reliably.

Great... (3, Funny)

telstar (236404) | more than 12 years ago | (#3745568)

First that damn Sackajewei coin and now rainbow-bright bills?
Be on the lookout for future security enhancements:
  • -Scratch & Sniff Bills

  • -Hologram Dollars
    -Crystal Dollars

If you're already used to coloured money... (1)

stcanard (244581) | more than 12 years ago | (#3745569)

As one of those foreigners from the great white north, I can say it is hard to differentiate. Until I get in the US I don't realize that I never look at the writing on the bill, I just go by colour. I can't count the number of times I've accidentally handed over a $10 bill instead of the $1 I wanted.

Colour on the bills would be very welcome, but I would become a worse tipper, no more $10 tips on those $5 meals...

Re:If you're already used to coloured money... (1)

lokki (585269) | more than 12 years ago | (#3745643)

I never look at the writing on the bill, I just go by colour

So basically, American money being all the same color forces people to (GASP!) count?!? Oh the humanity. ;)

Personally, I like US money being 'boring', and always find foreign bills to be pretty damn funny. Aussie bills (or is it NZ? Whatever) have little WINDOWS in them for pity's sake.

Re:If you're already used to coloured money... (0)

malarkey (514857) | more than 12 years ago | (#3745658)

Until I get in the US I don't realize that I never look at the writing on the bill, I just go by colour

Couldn't this HELP the counterfeiters, because store clerks and the average joe would be less likely to look at the bill and check the anti-counterfeiting measures??

It's about time (5, Funny)

L. VeGas (580015) | more than 12 years ago | (#3745570)

Now I can use every color in my ink cartridge.

Re:It's about time (0)

Anonymous Coward | more than 12 years ago | (#3745629)

I'm sure part of the plan is to choose colors that are not in the gamut of most color lasers or inkjets - even the 6-color ones.

RFID tags (1, Informative)

lingqi (577227) | more than 12 years ago | (#3745571)

At least there's no mention of RFID tags

all currency $5 and beyond are tagged already ANYWAY. see that line about 1/5 way into the bill from the left? if i remember correctly they are magnetically tagged.

Re:RFID tags (1)

elmegil (12001) | more than 12 years ago | (#3745674)

Interestingly, while I see this in a $20 in my pocket, the $10 in my pocket doesn't have the line or any sign of it having been ripped out. But it does have the watermark of the smaller face on the right end, so I'm pretty confident it's legit....

Yeah, we think highly of foreigners here. (2, Troll)

dfenstrate (202098) | more than 12 years ago | (#3745572)

"foreigners have a hard time differenciating between the bills"

does the phonecian numbering system still present a problem for some corners of the earth? I wasn't aware that the roman or summerian numerals where still in use.

Or is the next 'new math' going to be based on adding colors, instead of numbers? Yeah, you gave me two blues ($5) and a yellow ($10), so thats a blue-green ($20.)

Right. There are better reasons that this.

Re:Yeah, we think highly of foreigners here. (0)

Anonymous Coward | more than 12 years ago | (#3745635)

Sure, Canadians can't differentiate between the denominations, but Americans can't even see the puck in hockey unless they got some cgi effects on it so don't act so smug.

Why not just adopt the Euro? (0)

Anonymous Coward | more than 12 years ago | (#3745576)

I just the look of the Euro bills myself :)

Hmmm (5, Insightful)

quantaman (517394) | more than 12 years ago | (#3745578)

The Treasury and Federal Reserve now changes the design of the currency every seven to 10 years to try to deter counterfeiters.

I would think that a number of different designs circulating for a single denomination of currency would infact make it easier to get away with counterfeiting. People would be less familiar with the design of the bill and be more likely to discount inconsistencies in the design by the fact that it is a different circulation.

Arabic numerals anyone? (0, Redundant)

Sagarian (519668) | more than 12 years ago | (#3745581)

The large print arabic numerals on the bills should be a tip-off as to their value. If people can't read numerals to determine value, how can they do the arithmetic to tell whether they got the correct change? What's next? A cash register that resembles a twister board? "That'll be two reds, a blue, oh and left foot green"

Didn't realize my browser couldn't do HTML (0)

Anonymous Coward | more than 12 years ago | (#3745582)

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Differentlly Shaped Money (3, Funny)

Chris Y Taylor (455585) | more than 12 years ago | (#3745586)

Lets forget these paper bills altogether. If we want to make our money more interesting and easier to distinguish, we should just start using giant round rocks with holes in the middle.

It is about time. (-1, Flamebait)

Saige (53303) | more than 12 years ago | (#3745588)

When it comes down to it, the US has some of the ugliest money in the world. Every bit of currency from other countries that I've seen has been colorful, and interesting to look at. The US? Well, ugly green. Always and forever.

Perhaps you can evaluate a society by how artistic their currency is. The US is probably on the bottom rung of how interesting the money is. Hmm, yes, sounds like how interesting the culture is, also.

Re:It is about time. (1)

BigBir3d (454486) | more than 12 years ago | (#3745631)

But Americans brought the world McDonald's!

Re:It is about time. (0)

Anonymous Coward | more than 12 years ago | (#3745641)

What about Elbonia? Don't they use mud?

Re:It is about time. (1)

DEBEDb (456706) | more than 12 years ago | (#3745684)

The US is probably on the bottom rung of how interesting the money is.


See, US currency does not have to be interesting.
Already most people are interested in it. :)

Wait... (1)

Smelly Jeffrey (583520) | more than 12 years ago | (#3745590)

The federal government instituted these bills so that the seperate states didn't make their own money, which was all of different colors, and of different sizes. They made everything the same so that our own people could have it easier. What the hell are we doing catering to foreign countries? Why not put the small pictures back and leave us the hell alone? Besides that, how will vending machines and change machines, etc, be able to adapt? They won't. We'll have to re-make all of them. Damn. What a total waste and hassle. Hm... leave it up to the federal government...

sounds like the gov't (1)

night_flyer (453866) | more than 12 years ago | (#3745592)

is just trying to find more ways to waste taxpayers money...

Did I miss something? (1)

silicon_synapse (145470) | more than 12 years ago | (#3745593)

The redesign of $10 and $5 notes is still under consideration, but a redesign of the $2 and $1 notes is not included in the plans for the NexGen series

I haven't seen a whole lot of $2 bills lately. Are they planning a comeback or something? I sure hope not. It'll go the way of the one-dollar sacajawealadamabob coin they introduced not long ago.

doh (5, Funny)

theEdgeSMAK (467213) | more than 12 years ago | (#3745594)

Now strippers can tell what I'm throwing on the table at a glance.

[half baked] (0)

Anonymous Coward | more than 12 years ago | (#3745597)

Ever see the back of a twenty Dollar Bill.........ON WEED

About time, too (5, Insightful)

kafka93 (243640) | more than 12 years ago | (#3745598)

Although I'm English, I've lived in the USA for a few years, on and off, and *still* find the homogeneity of the bank notes to be irritating. One shouldn't have to check twice that one isn't handing over a twenty instead of a dollar bill; besides which, it's just a *token* -- it doesn't *mean* anything, really. I say this simply because people get way too caught up on the perceived importance of things like this - the obvious example being those Europeans whose principal argument against the Euro has nothing to do with financial stability, but is instead concerned with such ridiculous notions as "tradition" and "national pride".

But I digress. Different American bank notes *are* difficult to distinguish between, and I'm not surprised that this is a concern when it comes to the ease of counterfeiting, either.

And if I'm rambling incoherently, it's because of staying up all night only to watch England lose. Bah.

OT: England's going home (2)

sab39 (10510) | more than 12 years ago | (#3745653)

And if I'm rambling incoherently, it's because of staying up all night only to watch England lose. Bah.

Some humor to cheer you up [wuffies.net]

Help? (5, Funny)

thefirelane (586885) | more than 12 years ago | (#3745601)

Apparently, with both size and color the same, foreigners have a hard time differenciating between the bills


The Federal Reserve announced they would also hire outside consultants from Parker Brothers.


---Lane

"Funny money" (1)

mszeto (133525) | more than 12 years ago | (#3745602)

My girlfriend is going to be pissed about this! It seems americans are quite proud of their all green money.

Here is another link [bankrate.com]

At least their just tinting, and not moving to european looking money like Canada is!

huh? (1)

Megahurts (215296) | more than 12 years ago | (#3745603)

> Apparently, with both size and color the same,

> foreigners have a hard time differenciating

> between the bills.

It would not surprise me if they're the same ones who go around complaining about how poorly educated Americans are. At least we can READ. I mean, geez. That is one of the most asinine criticisms I've ever heard. Then again, it does say "differenciating."

maybe i'm missing something, but... (1)

shiafu (220820) | more than 12 years ago | (#3745607)

if there are no plans to take existing bills out of circulation, then what's to stop a counterfeiter from simply forging older bills with fewer security features?

Re:maybe i'm missing something, but... (1)

Xerxes314 (585536) | more than 12 years ago | (#3745679)

Old money leaves circulation all the time as it ages. Eventually, there'll be little enough of it that handing over green money will set off all kinds of mental alarms. Presumably, the counterfeit bills will then be detected on closer inspection.

God... are people that stupid? (1, Flamebait)

sielwolf (246764) | more than 12 years ago | (#3745610)

Either you are a) using low amounts of bills so it is not an issue or b) you are using a lot of bills so you damn well better pay attention to what you are handling??? Right now US currency is one of the few non-retarded cash systems out there. The Simpsons summed it up perfectly this Wednesday:

"Look at all that pink and purple."
"Our money sure is gay."

To: Federal Reserve
Re: US Currency
Don't be Gay.

I have NEVER had a problem with the wrong bills (1)

qurob (543434) | more than 12 years ago | (#3745611)


I've never heard of it either. I'm sure it might be strange to others, but I don't want a rainbow in my wallet.

Counterfeiters (1)

Washizu (220337) | more than 12 years ago | (#3745612)

Colour will also help features that will make the notes harder to fake.

How does changing the color hurt counterfeiters? Before, you could print any denomination with your ink, but if they change the colors you'll probably only want to print one type and stick with it. That doesn't sound like a huge setback to me, since I hear the margin is pretty high from cost to sale of counterfeit money.

Consistency (1)

Black Aardvark House (541204) | more than 12 years ago | (#3745613)

With the last redesign, low value notes ($2 and $1) were not affected. Now this new colored money will only be done on the $100, $50 and $20, leaving the $10 and $5 as well as the low denominations.

Doesn't anyone find is strange that we'll have three completely different kinds of bills co-circulating when this is done?

Can't they read numerals (1)

uncoveror (570620) | more than 12 years ago | (#3745614)

Do we really need different colors on money for different denominations? Don't most languages aroung the world use Arabic(really Indian, but that's another story)numerals? Can't tourists read these? I know some countries even have different size notes for different denominations. That makes them a pain to fold and put in a wallet. This proposal will meet some static from people who think it's just plain silly, but not as much as their plan to introduce the new 69 dollar bill with Clinton's face. http://www.uncoveror.com/clinton.htm [uncoveror.com]

Colored Money (0, Redundant)

Ara (15000) | more than 12 years ago | (#3745617)

Parker Brothers should offer themselves up as consultants to the Federal Reserve Board.

After all, they already have the whole process down pat...

Moneyfactory.com (1, Informative)

Anonymous Coward | more than 12 years ago | (#3745622)

Information about the previous redesigned 1996 notes and the history of U.S. currency is available at the Bureau's (Bureau of Engraving and Printing) website at www.moneyfactory.com [moneyfactory.com] .

Security, not differentiation (3, Informative)

crow (16139) | more than 12 years ago | (#3745625)

The changes are not there to help people differentiate between the different denominations, they're there to make it harder to counterfeit the bills. They've even said that they're keeping the same look and feel, so the changes won't be that dramatic. They're even trying to make them backwards-compatible with vending machines.

It makes sense... (1)

thelenm (213782) | more than 12 years ago | (#3745627)

Just about every country I've been in (European and Asian) has different colors and sizes for currency denominations. And coins, too! It makes it much easier to count money.

I'm from the U.S., but if I hadn't grown up with our coin system, I would not find it at all intuitive.... United States coins come in denominations of 25, 10, 5, 1 cents... 25 being the largest coin, followed by 5, 1, then 10. If that's not confusing enough, if you want to know how much a coin is worth by reading the words on it, you'll find that the 25-cent coin (quarter) is a "Quarter Dollar", the 1-cent coin (penny) is "One Cent", the 5-cent coin (nickel) is "Five Cents", and the 10-cent coin (dime) is "One Dime". What the heck is a dime? :-)

Lots of twisty turny bills all the same (4, Informative)

gwernol (167574) | more than 12 years ago | (#3745637)

Apparently, with both size and color the same, foreigners have a hard time differenciating between the bills.I still haven't gotten used to the larger pictures

As one of those "foreigners" who now lives in the US, I've often wondered how blind people operate here? All the bills are the same size. If you can't see what's written on the bill, how do you know if you've just offered a $1 bill or a $100 bill to the checkout clerk? How can you check your change?

Its not just the blind. Imagine being able to put your hand in your pocket and know how much cash you have just by feel. That's cool. No more standing on a dark street corner in the bad part of town counting through notes to know if you have enough for a beer/cab home/meal/whatever.

Virtually every other country has different sizes for notes of different amount. This seems like such an obvious and useful thing, I'm amazed that the US hasn't adopted it? Is this the ultimate Not Invented Here syndrome?

Jealousy! (2, Funny)

JudgeDredd (561957) | more than 12 years ago | (#3745639)

You Americans have always been jealous of us Canadians and our beautiful money!

against color (2, Redundant)

cr@ckwhore (165454) | more than 12 years ago | (#3745646)

I wish *they* would let us vote on it... I'd vote against adding color to US Currency.

Although the article states the current bills as a "boon to swindlers" because the bills are hard to distinguish, I disagree. I know the difference between a 1, 5, 10, etc. If you're too stupid to be able to distinguish your money, you deserve to have it stolen.

Regardless, I believe one of the attributes that makes US currency recognizable around the world is its simple color scheme. Its powerful, and looks like no other currency. When color is added to US currency, I fully expect the value of the dolor to drop because it will no longer have the bold, simple 2 color scheme. It will be just like every other paper currency on the world market.

I recently watched a documentary on the History Channel, which contained a segment about the federal reserve. A federal reserve employee expressed these very sentiments, even before the idea of adding color to US bills became a serious prospect.

Australian 'bills' (3, Interesting)

YakumoFuji (117808) | more than 12 years ago | (#3745648)

the aussie non coin money i still like! plastic so you can leave it in your pocket when your jeans go in the wash. nice holograms (keeps the simple minded amused). doesnt tear as easy. nice and bright and colourful...

apparently we were the first country to use polymer notes...

two good links are here [go.com] and here [questacon.edu.au]

and this shows all our polymer notes [geocities.com]

-----

Just think.... (1)

Prof.Nimnul (583515) | more than 12 years ago | (#3745649)

All those years wishing that you could actually use Monopoly money are finally "paying off," so to speak. Maybe the next step is to replace all remaining Susan B. Anthony dollars with the Race Car and the gold ingot with the Shoe.

Matt

Confusing Currency! (4, Interesting)

Vengie (533896) | more than 12 years ago | (#3745654)

The problem with currency changes is that you have old currency in circulation. I went to Ray's Pizza in Lower Manhattan and the man behind the counter had recently come here and had not seen the "OLD" 20's -- and thought my bill (gotten from an ATM that morning) was faked. In any situation where new currency is issued, the gov. needs to assure a "waiting period" in which you can freely trade in old bills for new ones and get the old ones off the streets. The whole point of the "new" bills is to prevent fakes -- as of right now, you can still get an old fake, rough it up, and use it on the street. Plus, old greek men will think you're trying to cheat them, even when you arent. (No greeks were harmed in the writing of this post)

Yeah, right (2)

vanza (125693) | more than 12 years ago | (#3745657)

Apparently, with both size and color the same, foreigners have a hard time differenciating between the bills.

Yeah, exactly the opposite of what happens with the british unit system you use. Those are really easy compared to understanding your money...

(For the humour impaired: This is supposed to be sarcastic.)

not the first time.. (1)

MP*Birdman (315788) | more than 12 years ago | (#3745660)

IIRC, America used to have rainbow coloured bills back in the 1800's, before going to greenbacks.

No!! No!! (3, Funny)

Reality Master 101 (179095) | more than 12 years ago | (#3745664)

I've always thought US monochrome money was by far the best looking money in the world. Other countries with all their "pretty" colors look like fake, monopoly money.

US money, on the other hand, looks like serious money , beefy and substantial. There's no mistaking that US currency is a serious document.

In fact, I thought the current redesign really took a lot of the "heft" out of the bills. Now color?

Who's running the federal reserve? Whoever it is needs to get a clue. Next the military will be painting our fighter jets with nice, pastel colors.

what's wrong with differnt colored bills? (1)

TheCyko1 (568452) | more than 12 years ago | (#3745675)

I still haven't gotten used to the larger pictures. And now this?

I don't see what's so bad about makeing different bills different colors, i think it makes it alot easier to see what you have in your wallet without haveing to take out that gigantic wad of paper. besides, when you goto another country and are forced to use thier curency, you usually just use the color of the paper to tell you what bill it is.

Also in other countries, they change thier curency often to try to protect against counterfiting, the reason the US has the most counterfit dollars is because we don't chance the look of are bills for very long periods of time, and one of our dallors usually goes a very long way in other countries. just my opinion, i wouldn't mind hearing what the rest of you think

this kind of money we need (2, Funny)

lingqi (577227) | more than 12 years ago | (#3745676)

money shot [zzz.com.ru]

Excerpt from zzz [zzz.com.ru] : Bank notes of Belorussia: 3 and 10 rubles. Most countries put famous people on their money, Belorussia decided to put animals. There's a very special way to fold two notes...

Certainly a step in the right direction... (0)

bunsonh (228637) | more than 12 years ago | (#3745677)

I think it is great that the U.S. is finally deciding to play with the rest of the world. Not only are the current American bills ugly and hard to differentiate, we have an incredibly poor denomination system.

$1 bills are practically useless, and would be much more efficient if a coin was successfully introduced as a replacement.

$5, $10, $20, $50, $100 and that's it? Why don't we at least have a $250 or $500 and a $1000? Again, the dollar has become severly devalued in the last couple decades and it would be smart to start introducing larger bills again.

B_H

it's a great day for drunks! (2, Insightful)

so1omon (577498) | more than 12 years ago | (#3745678)

the hard drinkers among us should all be cheering at this idea. how many times have we slapped down a $10 bill as part of a tip, thinking it was a $1? god knows, i've done it on an alarmingly regular basis. this could save me some cash, which could be used to buy more hard liquor!

on the other hand, bartenders should be weeping like babies right now.

Mark of the Beast (1)

webword (82711) | more than 12 years ago | (#3745681)

--

. [missouri.edu]

--

finally (1)

Sir Elton John (577301) | more than 12 years ago | (#3745686)

It is high time that the United States join the rest of the civilised world in adopting colourful currency. You will soon find that it raises the spirit and invigourates the soul.

I would suggest a psychadelic colour scheme that hearkens back to the days of free love and peace. I suspect that won't go over to well, but a man can dream, can't he?
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