Saturday, January 13, 2018

Mauritania issues a new series of polymer banknotes


The Central Bank of Mauritania has issued its new Ouguiya currency, consisting of newly denominated banknotes that have dropped a zero from its value. The new polymer banknotes began circulating in Mauritania on January 1, 2018.





Monday, January 1, 2018

A pictorial presentation of $20 Trillion U.S. National Debt


The U. S. National debt in 2017 exceeds $20 trillion. Everybody knows a trillion is a large number. But few can actually visualized it. Here is a pictorial presentation. Notice the size of the woman sitting next to the pile of bills appears to shrink as the pile gets bigger.


1. A $100 bill


2. $10,000 in a bundle of $100 bills


3. $1 million in 100 bundles of $100 bills


4. $100 million in $100 bills on a pallet


5. $1 billion in $100 bills on 10 pallets


6. $1 trillion in $100 bills next to the White House


7. $20+ trillion in $100 bills