Showing posts with label Bureau of Engraving and Printing. Show all posts
Showing posts with label Bureau of Engraving and Printing. Show all posts

Monday, October 18, 2010

Branded Bills to Aid the American Economy


This artist has come up with the idea of selling the rear of American dollars to advertisers, therefore generating $14 billion a year for the US economy. Here's how it works:

"The average 100 USD Note is circulating for 7.4 years, it changes hands on average 3x per week, so each ad on a 100 USD note is seen by more then 1000 persons. I would say, this can easily be sold at 5 USD/note.The other notes are much shorter in circulation:

$1: 1.8 years
$5: 1.3
years $10: 1.5 years $20: 2 years $50: 4.6 years

On average an ad on a bill might only be sold for 1 USD, however, given the fact that each day the bureau of engraving and printing produces 38 Million USD bills, this could result in 14 billion USD, more then the actual printing costs."

A very clever idea in my opinion.

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