Final Note

New technology for Fed’s money-counting machines

Kai Ryssdal Oct 22, 2012
HTML EMBED:
COPY
Final Note

New technology for Fed’s money-counting machines

Kai Ryssdal Oct 22, 2012
HTML EMBED:
COPY

This final note today: Next time you see your bank teller obsessively taking all the bills in her drawer and sorting them so they’re all face up and turned the right way, tell her she doesn’t have to do that anymore.

Here’s the deal: For years, the money-counting machines at the Federal Reserve would destroy bills that went into its currency-counting machines facing the wrong way.

Yes, destroy.

Good news is that new technology now lets the Fed count money whether it’s upside-down or not.

Me? I’m still gonna make my wallet look nice and tidy.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.