How a Stripper Predicts Recessions with Dollar Bills

TLDR A stripper in New York City tracks her earnings through meticulous spreadsheets and uses strip club tips as a leading indicator of a recession, noticing a decline in income during shaky economic times. The color of U.S. money bills originated from the Civil War era, with green ink chosen for anti-counterfeiting properties, leading to the current uniform green appearance of dollar bills.

Timestamped Summary

00:00 Financial advisors at Edward Jones can help support a life you love with their financial strategies.
04:01 A stripper in New York City uses strip club tips as a leading indicator of a recession, tracking her earnings through meticulous spreadsheets and noticing a decline in income during shaky economic times.
06:49 Strip club regulars spending less money is a sign of a recession, with the color of dollar bills originating from the Civil War era.
10:08 The color of U.S. money bills originated from the Civil War era, with green ink being chosen for its anti-counterfeiting properties, leading to the current uniform green appearance of dollar bills, which have started incorporating more colors in recent years.
13:16 The baby formula market in the U.S. is consolidated down to only four major suppliers due to a government nutrition program from the 80s that awarded sole source contracts, leading to market dominance and shortages today.
16:27 The design of U.S. coins with written out numbers instead of numerical digits can be traced back to Christian Goebrecht, an artist and engraver from the 1780s who introduced radical new coin designs at the mint.
19:36 Christian Goebrecht changed the way denominations were spelled on U.S. coins, possibly as a form of artistic innovation and rebellion, a tradition that is now being challenged with the introduction of new quarters honoring American women.
Categories: Business News

Browse more Business