US dollars and Euros - cash banknotes

Newest notes from around the world – how central banks device new ways to make counterfeiting onerous

The practice of counterfeiting notes is as old as the production of the notes themselves. With every change a government or institution made to its money, counterfeiters imitated it.

Shopping

US CPI comes out strong, Retail numbers decline

The most recent US Consumer price Index, CPI for short, printed 0.5% compared to the expected 0.3% and is o.4% higher than last months 0.1%1https://www.bls.gov/news.release/archives/cpi_02142018.htm.

Besides the CPI number, the Census bureau released a worse than expected Core retail Sales m/m number. This lower number, 0.0% is lower than the already lower revised number of December (0.1%). A decline indicates consumer demand is cooling.

 

References   [ + ]

1. https://www.bls.gov/news.release/archives/cpi_02142018.htm
FED New York

New York Fed economists question the future cryptocurrencies

In a recent Q&A-blog post, economists of the Fed of New York wrote: “Bitcoin and other cryptocurrencies solve the problem of making payments in an environment where trust is broken but it’s unclear whether that’s a dilemma that needs to be solved”.

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