Marketplace Logo Donate

Daily business news and economic stories from Marketplace

New technology for Fed’s money-counting machines

Subscribe to our Newsletters

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.

What's Next

Latest Episodes From Our Shows

Listen
7:25 AM PDT
7:55
Listen
2:32 AM PDT
4:26
Listen
7:43 AM PDT
1:50
Listen
Aug 12, 2022
28:48
Listen
Aug 12, 2022
27:01
Listen
Jul 7, 2022
30:13
Listen
Aug 9, 2022
24:46
Exit mobile version