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Monday, January 09, 2012

Planet Money

People Want More Coins, That's A Good Sign For The Economy

Demand for quarter, dimes, nickels, and pennies was up this year.

January 9, 2012 The United States Mint says demand for quarter, dimes, nickels, and pennies was up this year. During the financial crisis, demand for coins hit record lows as people dug into their piggy banks and coin jars for extra cash.

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Wednesday, December 14, 2011

Planet Money

White House Kills Dollar Coin Program

Dollar coins gathering dust in the Fed's Baltimore brach.

December 14, 2011 More than 1 billion coins are sitting unwanted in government vaults. Ending the program will save an estimated $50 million a year.

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On Morning EditionPlaylist

Monday, November 21, 2011

Planet Money

N.Y. Cheese Buyer Hangs On Euro's Fate

Aaron Foster, with cheese.

November 21, 2011 Most of the cheese at Murray's Cheese Shop comes from Europe. And the cheese buyer's bonus hinges on the future of the euro.

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Thursday, November 10, 2011

Planet Money

Leaving The Euro Is Hard To Do

A one-crown note from the Austro-Hungarian empire.

November 10, 2011 "No ship ever sunk for having too many life boats, and at the moment, the euro has no life boats at all."

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Thursday, October 20, 2011

Planet Money

What If We Paid Off The National Debt?

Graph showing actual government debt vs. projected debt

October 20, 2011 It sounds ridiculous today. But not so long ago, the prospect of a debt-free U.S. was seen as a real possibility with the potential to upset the global financial system.

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Monday, September 12, 2011

Planet Money

The Return Of Toxie

Toxie's grave

September 12, 2011 Last year, Planet Money bought a toxic asset — a bundle of bad mortgages that quickly went bad. We declared our toxic asset dead last fall. But a recent lawsuit could bring it back to life.

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On Morning EditionPlaylist

Wednesday, August 31, 2011

Planet Money

Toxie Lives! (Maybe!)

Toxie's grave

August 31, 2011 Planet Money's pet toxic asset died last year. But we learned today that she may rise from the grave.

Summary

Wednesday, August 24, 2011

Planet Money

Should You Bank On Bitcoin?

One bitcoin will get you this nerd merit badge.

August 24, 2011 Bitcoin is a lot like cash — for the online universe. It doesn't actually exist in the physical world. You can't hold bitcoins in your hand because they just live on computers and the Internet. Bitcoin is a virtual currency independent of any government. It's backed by the people who use it.

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Friday, August 19, 2011

Planet Money

A Big Bridge In The Wrong Place

Why the long bridge?

August 19, 2011 Why was New York state's Tappan Zee Bridge built at one of the widest spots on the Hudson River when it would have been much cheaper and easier to build it a few miles south? Newspaper clippings from the 1940s and '50s revealed something suspicious.

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Tuesday, July 26, 2011
Friday, July 22, 2011

Planet Money

Dollar Coin Loophole Closes For Frequent Fliers

A box of dollar coins ordered from the U.S. Mint.

July 22, 2011 The U.S Mint said today it will no longer accept credit-card payments for dollar coins purchased from its Web site. Too many people were using the program just to get frequent-flier miles.

Summary

Thursday, July 21, 2011

Planet Money

Spaceflight Is Getting Cheaper, But Not Enough

Liftoff of a SpaceX rocket

July 21, 2011 Elon Musk wants us to live in other planets. First he has to make space flight affordable. So he took the fortune he made in Internet start-ups and started his own rocket company.

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Wednesday, July 13, 2011

Planet Money

Senators Call Dollar Coin Pileup 'Troubling'

Rutherford B. Hayes

July 13, 2011 Three Senators wrote to Ben Bernanke to learn more about problems with the dollar coin program.

Summary

Planet Money

How Frequent Fliers Exploit A Government Program

Jane Liaw Liaw orders coins from the U.S. Mint to earn frequent-flier miles.

July 13, 2011 Travel enthusiasts buy thousands of coins with credit cards that award frequent-flier miles for purchases. The government picks up the tab for shipping.

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On Morning EditionPlaylist

Tuesday, June 28, 2011

Presidential Dollar Coin Program

$1 Billion In Coins That Nobody Wants

Millions of dollars worth of $1 coins languish in a vault at the Federal Reserve Bank of Richmond's Baltimore branch.

June 28, 2011 A joint inquiry by NPR's Planet Money and Investigations teams found that more than $1 billion of unused dollar coins are the wasteful byproducts of another failed congressional effort to replace the dollar bill in everyday commerce.

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