People Will Turn To Bartering As Their Money Becomes Worthless

Faced with a shortage of small banknotes, people in Myanmar are resorting to bartering cigarettes, shampoo and other items.

The bartering illustrates the effects of surging inflation and the curious decision to stop printing small notes.

A Penny Saved Is… 2 Pennies Earned?

Did you know that the rising price of copper has made pennies created before the year 1982 worth almost 2 cents today? In the year 1982 the US mint stopped creating pennies from 95% copper. Currently pennies are now made with Zinc. What it means is that newly created pennies (1982-2009) hold almost half of the value of a penny. ($ 0.0048) While pennies created 1909-1982 are worth $.018 by based on current copper prices.