Hacker News with Generative AI: Currency

So, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel? (nytimes.com)
President Trump recently ordered the U.S. Mint to stop producing pennies, for a simple-sounding reason. Each penny, he said, has “literally cost us more than 2 cents.”

Economy, Currency, Finance, Government

5 points by johnny313 2 days ago | 1 comments

Trump says he has directed Treasury to stop minting new pennies (apnews.com)
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

Politics, Economics, Currency

104 points by caminanteblanco 12 days ago | 192 comments

Coinage and the Tyranny of Fantasy 'Gold' (acoup.blog)
This week on the blog I want to take a brief detour into discussing historical coinage, particularly in the context of modern fantasy and roleplaying settings. In particular, the notions I want to tackle are first how did ancient currency systems work in terms of value (what could you buy with how much) and then second how often were people likely to use physical currency at all?

Fantasy, History, Currency, Roleplaying Games

21 points by JumpCrisscross 46 days ago | 4 comments

Coinage and the Tyranny of Fantasy 'Gold' (acoup.blog)
This week on the blog I want to take a brief detour into discussing historical coinage, particularly in the context of modern fantasy and roleplaying settings. In particular, the notions I want to tackle are first how did ancient currency systems work in terms of value (what could you buy with how much) and then second how often were people likely to use physical currency at all?

History, Fantasy, Gaming, Currency

31 points by baud147258 47 days ago | 7 comments

International Bank Note Society (theibns.org)
The International Bank Note Society (IBNS) announces that its voting membership has for the first time selected the Eastern Caribbean Central Bank to receive its annual prestigious “Bank Note of the Year Award” for 2023.

Awards, Banking, Currency, International Organizations

30 points by gone35 58 days ago | 7 comments

Ruble tumbles as Russia's war economy comes under increasing strain (politico.eu)
The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions against Russian businesses and burgeoning government spending on its war effort put ever-greater strain on the Russian economy.

Russia, Economy, Sanctions, War, Currency

26 points by JumpCrisscross 86 days ago | 2 comments

Russia's rouble plunges to lowest rate since early weeks of Ukraine war (theguardian.com)
Russia’s rouble has plunged to its lowest rate against the dollar since the early weeks of the full-scale invasion of Ukraine in the wake of new western sanctions and growing geopolitical tensions.

Russia, Currency, Ukraine, Geopolitics, Economics

11 points by prmph 86 days ago | 3 comments

Russian Central Bank Halts Currency Buying Until 2025 as Ruble Slides (themoscowtimes.com)
Russia’s Central Bank said Wednesday it will suspend buying foreign currency on the domestic market for the rest of 2024 as the ruble continued sliding to its lowest levels since Russia invaded Ukraine in 2022.

Russia, Economics, Currency, Central Bank, Foreign Exchange

9 points by ortusdux 86 days ago | 0 comments

$2000-$3fff &D (2014) (csdb.dk)
Released by: Genesis Project [web] Release Date: 19 December 2014

Currency, Cryptocurrency, Releases, Digital Currency

46 points by luu 91 days ago | 10 comments

Don't Bet Against the Dollar (bloomberg.com)
America’s growing and dynamic economy means that global demand for the US currency will continue to be strong.

Economy, Finance, Currency, United States

6 points by paulpauper 114 days ago | 5 comments

Using Euro coins as weights (2004) (rubinghscience.org)
Here is a cheap way to obtain a set of standard weights, for measuring weights up to about 100 gram, to an accuracy of about 0.5 gram : Use the coins of the currency of your country. Thus one can make use of the fact that these coins are fabricated in mass production, and because of that have not only a constant shape and size, but also a constant and accurately fixed weight.

DIY, Science, Measurement, Currency

183 points by Tomte 124 days ago | 185 comments

Do We Need a 37-Cent Coin? (2009) (freakonomics.com)
Dubner thinks we should do away with the penny.

Economics, Currency, Finance

61 points by jawns 138 days ago | 164 comments

Canadian Tire Money (wikipedia.org)

Canada, Currency, History, Retail

37 points by peter_d_sherman 198 days ago | 27 comments

Argentina to sell dollars on parallel market as part of anti-inflation drive (reuters.com)

Argentina, Economics, Inflation, Currency

4 points by JumpCrisscross 222 days ago | 5 comments

Hokusai's 'Great Wave' features on new Japanese banknotes (2019) (cnn.com)