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2011.06.29

Rejected Money

NPR via Greg Mankiw:

On today's Planet Money, we visit an underground vault that's full of money nobody wants.

The money — bags and bags of dollar coins — is the result of a 2005 law that requires the U.S. Mint to print a series of coins bearing the likeness of each U.S. president.

Politicians have way too much time on their hands if they are making such dumb laws.

Posted by Isaac Schrödinger at 10:50 PM in Politics, USA | Permalink

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