The old question of cash or plastic is about to become moot because the cash is essentially going to be plastic, too.
The federal budget announced that Canada's paper money, now made from a cotton-based paper, is going to be printed on a tough polymer,
Can we go back to the barter system please, I'll give you 3 chickens for your pig.
A smart man would ask for two chickens and one rooster.
Can we go back to the barter system please, I'll give you 3 chickens for your pig.
A smart man would ask for two chickens and one rooster.
I need to keep my rooster to make more chickens.
I hope these don't look ridiculous.
Why should they... Australia has had plastic money for years...
(oh yeah, forgot - you're not that well travelled)
au_money.jpg
Australian money is very colorful, and you can't tear it because it's made out of recycled plastic.
Australia introduced the polymer (plastic) banknote in 1988. In 1996, they became the first country to have a full set of circulating polymer banknotes. This not only improves durability, but also prevents counterfeiting. Other countries that use polymer banknotes include New Zealand, Rumania, and Mexico.
I think it's a good move, though costly to start out with the initial production and change-over it sounds like it will save money in the long run.
There is no mention in the article that they will use recylced plastic though - I notice tritium points out the Australians do?
A new reason to ask customers.... "Will that be paper or plastic?"
Yup... Paying with plastic will take on a whole different meaning...