Fletcher in the News

Federal Reserve to Unveil a Redesigned $100 Bill: Postdoc Benjamin Mazzotta Comments In NYT

New York Times

Benjamin Mazzotta, Postdoctoral Fellow at The Fletcher School, Tufts University

The Federal Reserve will begin circulating a new $100 bill on Tuesday with some modern and colorful anti-counterfeiting features, after overcoming problems that postponed its debut for more than two and a half years.

In addition to traditional safeguards like a paper blend that would be difficult to duplicate, the redesigned note will have two new features: a three-dimensional blue strip with images that appear to move when the note is tilted, and an image of a copper inkwell containing a holographic bell whose color changes when tilted. … 

…“I would say it’s absolutely worthwhile to do whatever it takes to make sure that we have the best currency that we can,” said Benjamin Mazzotta of [The Fletcher School at] Tufts University, an expert on the cost of currency.

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