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.


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%1

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   [ + ]

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”.

Read more