Jun
27
Money Makes Money
And the money that money makes makes more money.
Benjamin Franklin said all that, though that is probably not the reason he is pictured on the $100 bill, the largest denomination of American currency since 1969 (there once was a $100000 bill). It could be because in addition to his more commonly known contributions to American history he wrote a little book in 1729 titled A Modest Enquiry in to the Nature and Necessity of a Paper-Currency. Ben Franklin also printed money for the Province of Pennsylvania (a colony of British America) from 1731 through 1764 and devised many schemes to prevent counterfeiting.
Money making more money through investment manifests a time value.
Benjamin Franklin said all that, though that is probably not the reason he is pictured on the $100 bill, the largest denomination of American currency since 1969 (there once was a $100000 bill). It could be because in addition to his more commonly known contributions to American history he wrote a little book in 1729 titled A Modest Enquiry in to the Nature and Necessity of a Paper-Currency. Ben Franklin also printed money for the Province of Pennsylvania (a colony of British America) from 1731 through 1764 and devised many schemes to prevent counterfeiting.
Money making more money through investment manifests a time value.