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What’s Wrong With U.S. Cash
The U.S. hasn't updated physical currency but some countries have changed lower denomination bills into coins and paper notes have been converted to polymer. While electronic payments are growing in the U.S., physical cash today is circulated more than ever. Experts claim that the choice to continue printing paper notes is fueled by special interests but The Federal Reserve says changing currency is costly and complex.
Chapters:
00:00 — Introduction
01:34 — Circulation
03:59 — Production
07:20 — Modernizing money
Produced and Edited by: Mark Licea
Supervising Producer: Lindsey Jacobson
Sun, 12 Nov 2023 17:00:27 GMT
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