New Money, Old Money, and Inflation

Does anyone else find it interesting that the United States has had monochromatic money for so long, that part of the re-birth process of our economy is adding some color to our bills? It’s a type of “fiscal redecorating”. In the past the changes have been subtle reds and golds. The new Benjamin’s colors are as vibrant and creative as the accounting behind those mortgage backed securities.

I’m intrigued to see how, as the United States prints more money and attempts to climb out of debt, we face the issues of inflation, job creation, and environmentalism. Personally I’d like to see a significant investment in infrastructure, specifically high speed trains.

Oh, and check out http://www.newmoney.gov for more info and some pretty slick visuals.

Published by Pete Ippel

Pete Ippel, the son of a dancer and a musician, was born in Oak Park, Illinois and has been surrounded by the arts since birth. He moved to Morris, Illinois in 1989 and started to participate in athletics rather than dance. After high school, Pete attended Cornell University where he received a BA in psychology and a BFA in photo / digital art making. He continued to follow his sporting dreams in the high jump, which culminated in a school record leap of 7 feet 1/2 inch in 2001. In May 2004 he attained an MFA degree in the New Genres department of the San Francisco Art Institute. Presently Pete is a practicing artist whose work is in numerous private collections and has been exhibited in New York, California, and internationally. Mr. Ippel resides in Working Artists Ventura, a sustainable artist community in southern California. In addition, he teaches art, is a web developer, an active blogger, and still high jumps from time to time. As a passionate problem solver and a pragmatic optimist, Pete’s art and his life are full of exciting challenges.

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