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Economics Club visits Atlanta Federal Reserve

Ten students traveled to Georgia in November for an exploration of economic processes.

Several Âé¶¹ÊÓÆµ students with academic and professional interests in economics visited the Atlanta Federal Reserve in November for a firsthand look at the way cash is inspected for counterfeiting and fitness for circulation.

Led by club President Cole Fauerbach ’25, the 10 students were offered a firsthand look at the rigorous scrutiny applied to the daily shredding of more than $10 million in currency.

The Economics Club also explored the historical evolution of currency, from centuries past to discontinued bills like the $100,000 note. Students were offered the opportunity to hold a gold bar, described as a tangible connection to the gold reserves held at the New York Federal Reserve.

“This was an extremely valuable trip as it allowed us to get real-world exposure to topics and conversations we have in our classes every day,� said Fauerbach, a double major in finance and economics from Wayne, New Jersey. “I look forward to planning more trips in the future.�

The club went to the Atlanta Federal Reserve on Nov. 13, 2023. Learn more about the organization on or follow their .