Tuesday, June 21, 2011

As Greeks Go to Gold, Canada Goes to Plastic Currency

While Greeks are in no mood to trust any government currency and are buying gold, Canada has launched a plastic currency. The Bank of Canada introduced brand new polymer bills, yesterday.

The notes, which have two see-through windows, are also cheaper to make and last about 2 1/2 times longer than paper money.

The $100 bills will be issued in November; the $50 bills in March of 2012 and the new $20 bills will be introduced late next year.

The Bank of Canada has put out this new video on the plastic cash.


  1. Is it fire-proof and riot-proof?

  2. They've already done this in Hong Kong. It's smarter, although these bank notes should be redeemable in gold, no matter if they're paper or plastic.

  3. All in the name of transparency, right?

  4. "Australia was the first country in the world to have a complete system of bank notes made from plastic (polymer)...

    Australia’s notes are printed by Note Printing Australia, a wholly owned subsidiary of the Reserve Bank of Australia. Note Printing Australia prints polymer notes for a growing number of other countries including Bangladesh, Brunei, Chile, Indonesia, Kuwait, Malaysia, Mexico, Nepal, New Zealand, Papua New Guinea, Romania, Western Samoa, Singapore, Solomon Islands, Sri Lanka, Thailand and Vietnam. Many other countries are showing a strong interest in the new technology...

    In 1988, Australia introduced its first polymer bank note and in 1996, Australia became the first country in the world to have a complete series of polymer notes."

    Video from that time:

  5. Yada yada yada, it's still worthless. The Rothschild's own the Bank of Canada, and whether they use Canadian pulp or recycled 1L. plastic bottles, the result is the same. Printed trash.

  6. My money are "printed" at APMEX...
    They're not only waterproof and fireproof but also inflationproof and MonetaryReformProof