Money making

Are you losing money by keeping it in the bank?
Panorama

Are you losing money by keeping it in the bank?

If the interest rates are lower than the rate of inflation, a person’s saving could lose purchasing power over time

Mayor Wayne Fournier of Tenino, Washington, displays $25 in wooden money. The city recently revived a Depression-era economic recovery tactic: printing its own local currency on planks of wood. Photographer: Jason Redmons/AFP via Getty Images
Global Economy

Short on money, cities around the world try making their own