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Could This Be A Way To Pay Off The National Debt?
According to the Art Marcovici website, Cashvertise is the answer.
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 yearsOn 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 annually.
If the design is well choosen, it would not change much of the bill´s appearance as we know it, here are some examples:
Photos by Art Marcovici.
Editor’s Note: I see a problem with this idea. The world is moving closer and closer to a cashless society using electronic shopping and banking. That means less paper currency.
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Angela Shupe on August 26th, 2010 2:04 pm
Certainly there are less people using actual cash but I don’t think this will ever be a cashless society. There are too many risks with using credit/debit cards, even at local stores, were the information you enter to buy a product can be stolen. In many cases I think people will continue to use cash because it doesn’t involve that personal information. Granted you don’t really have much of a choice when you order online but at local stores there are plenty of people that still choose cash over card.
As for advertising on cash… I don’t think that’s a horrible idea although I would hope it wouldn’t negatively effect the securities used to make the money so hard to copy.
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