BankNotes Archive – June 2015

MAY 19, 2015 — Peter St. Onge One of the more interesting economic debates in the past couple of decades is why the economy is slowing down. Since 2000, per capita GDP growth in the US has been 0.9 percent per year, compared to 2.3 percent per year in the … Read more

MAY 15, 2015 — Christopher P. Casey GDP purports to measure economic activity while largely divorcing itself from the quality, profitability, depth, breadth, improvement, advancement, and rationalization of goods and services provided. For example, even if a ship — built at great expense — cruised without passengers, fished without success, … Read more

R. Nelson Nash NOISE:  a loud or unpleasant sound Full Definition of NOISE   by Merriam-Webster 1:  loud, confused, or senseless shouting or outcry 2a :  sound; especially:  one that lacks agreeable musical quality or is noticeably unpleasant b :  any sound that is undesired or interferes with one’s hearing of something c :  an unwanted signal … Read more