Want how long do you think a $1 bill lasts in circulation? What about a $5 bill? $10 bill? $20? $50? $100? What about the slogan “In God we Trust” printed on the bill? Have you ever wondered about that?
Money has a long history filled with a rich and colorful past. We use it to pay for goods and services. The more money you have the higher your social status reaches, but it is all relative. A rich person in the poorest village doesn’t compare to a poor person in a rich village
Money has been with us since the Egyptians. We have gone from rather primitive forms of currency trading to a very large scale sophisticated money system, and with United States facing the fiscal cliff and European countries needing bailouts left and right, money certainly seems like it is steering the ship sometimes.
To get back to answering your questions: $1bill hangs out for just under two years. A $5 bill just over 1 year. A $10 bill is a little longer than the $5. A $20 bill is in circulation for 2 years. A $50 bill is in circulation for more than 4 years, and finally a $100 bill is in circulation for more than 7 years.
Oh, and that slogan, “In God We Trust”, it wasn’t placed on the dollar until recently, 1963 to be exact.
Oh and what about this…did you know it costs money to make money. Seems like a no brainer, but it is something we normally don’t think about. It costs just more than 6 pennies to produce a bill. For more interesting facts about money please see this Infographics.