Care for some redesigned paper money?

by J. Money on Thursday, May 22, 2008

How crazy would that be!
Turns out you can’t distinguish a $1 bill from a $100 bill if you tried with your eyes closed. Huh. So who cares, right?

Well, it turns out THE BLIND Care!!! (oh yeahhhhh – d’uh).

Think about it for a sec– close your eyes, reach into your pocket and try to figure out which bills are which (might need to try w/ a $5 instead of a $100…unless you’re blingin’ like that). I tried, and I surely can’t tell the difference. And according to the research, not many can either.

It’s definitely something to ponder though, and while it hasn’t yet been figured out, at least The American Council of the Blind has finally gotten their word through to the US Court of Appeals yesterday. But it’s already taken them a good 6 years to get to this point, so who knows when a change will happen. “The U.S.” understands how this can be a problem for the blind, but they feel that they have been adapting just fine. And by adapt, they mean “asking clerks for help” or “folding down corners of certain bills”.

It actually reminds me of the story on Ray Charles, and how in the movie “Ray” he asked to get paid in all $1 bills so that no one can rip him off. Now, THAT’s an idea :) It’s probably not the best solution to deal with it (or “adapt” as the U.S. puts it.) but it does the trick. Some of the REAL suggestions being considered are the following:

  1. Change the actual sizes of the money. Totally makes sense, plenty of countries have this…or at least used to. Would be kinda weird for us at first, but we’d get used to it.
  2. Start printing them with raised marks or other distinguishing features. Yup, that too would do the trick. I’d actually like! Adds some more texture to the paper, and will automatically get the entire US population to know how to “read” 1, 5, 10, and 20! haha… i vote for this one.

The whole thing is pretty interesting either way, I’m just hoping we can find a nice way to make everyone happy! We’ll see what happens :)

Check out this Yahoo article for more in depth info.

PS: Some of my favorite tools:
personal capital Personal Capital (FREE) -- If you’re looking for a robust financial tracker, Personal Capital is the way to go! They’re like Mint, but on steroids and have much better tools for investment and net worth tracking. // Full review Digit (FREE) -- A super easy (and automated) way to save. Every day Digit analyzes your income and expenses and will push money aside for you any time it sees extra sitting there. I've saved over $4,000 myself using them so far! // Full review
acorns Acorns -- Having trouble finding money to invest? Check out Acorns – they round up all your transactions to the nearest $1.00 and drops the difference into an investment portfolio for you. Easy way to start investing! // Full review

{ 2 comments… read them below or add one }

1 Shelbywo December 22, 2011 at 11:10 pm

They could just brail stamp the notes as they were being pressed…it couldn’t be that “hard”


2 J. Money December 27, 2011 at 12:47 pm

You’d think, right? Some of the other comments here had some good ideas too, but sadly they were wiped away when I converted this blog from Blogger to Wordpress :( We’ll see if we ever figure it out though! Thanks for stopping by :)


Leave a Comment

Previous post:

Next post: