Why do quarters have ridges on their edges?
According to the U.S. Mint, ridges were added to the edges of quarters (aka reeded edges) to help prevent fraud and counterfeiting. Up until about 50 years ago, quarters were…
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Money
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Why is there a coin shortage during the COVID-19 pandemic?
The current national coin shortage is primarily due to the COVID-19 (coronavirus) pandemic. Because so many businesses, including banks, have had to close or reduce hours, the typical circulation patterns…
Who pays for my door if the cops break it down?
If the authorities break down your door to locate or help you, you will be responsible for paying for a new door. However, if the door was broken down by…
What does one trillion dollars look like?
With all of the talk about trade deficits, debt, corporate bailouts, etc., I wanted to visualize what one trillion dollars looked like. Thankfully, PageTutor.com already did this. If you are…
How does the government determine the unemployment rate?
The monthly unemployment rate is based on the results of a monthly survey conducted by the Bureau of Labor and Statistics (BLS) called the Current Population Survey (CPS). The CPS…
Is it illegal to keep found money?
Every state has laws requiring the return of found money or property if it is possible to identify the owner. If you find a wallet full $100 bills and the…
Is premium pet food healthier?
There is no documented evidence that has shown premium pet food to be any healthier than regular pet food. Premium pet food seems to be a marketing gimmick and a…
What happens if someone can’t afford to pay for a funeral?
If someone can’t afford to pay for a funeral there are many resources and options available to help them out. Before we begin, let’s briefly look at the average cost…
What do the symbols on the back of the U.S. dollar bill mean?
Pull out a dollar bill or use this image for reference as you read through this post. The pyramid and the eagle on the back of the dollar bill make…
Why is it called Wall Street?
The name Wall Street originates from an actual wall built in the late 17th century by the Dutch, who were living in what was then called New Amsterdam and is…