Posted on 10/17/2013 4:56:31 AM PDT by djf
Just this evening got one of the new, improved, borrowed $100 bill.
Seems kind of hokey. How complicated can they make a currency until everyone just assumes if you hand them something and it's snazzy enough, it must be real?
Anyone else seen them? Comments? They do look like they would be hard to counterfeit, but seems to me the Fed and Congress is increasing the money supply a million times faster than the counterfeiters, so what the heck is the difference?
I believe that all government-manufactured crises are just that.
Therefore, the so-called threat of counterfeiting is quite small and limited despite the breathless Secret Service pronouncements (that is, when they aren’t chasing South American hookers).
Newfangled bills are a make-work for everyone from equipment makers to print operators to the PR department to, as always, the bored, lazy, pro-government media who will put the new notes on the front page...because half of America hasn’t seen a real $100 in a while since they rely on EBT.
Two points:
1) if counterfeiting on a grand scale were a problem then they wouldn’t publicize it since it would devalue the currency through word of mouth.
2) how bad is any physical counterfeiting versus the government’s own quantitative easing, which devalues the dollar with the press of a key as billions of virtual dollars are pumped into an already inflated bubble?
Meant to say #2 agrees with your point
#2 -
It’s ALL “counterfeit”.
Sorry, I only deal in Euros.
Pretty soon their will be bills only good for a few months, red, gree, blue....
Taken from one of Matt Brackens novels.
Pretty soon their will be bills only good for a few months, red, gree, blue....
Taken from one of Matt Brackens novels.
Recent tests have shown that Euros are as addictive as heroin to rats.
Ooops that was Oreos...
Nevermind!
My take is a bit different. The US has long had one of the least colorful currencies. A little pizazz in the design is fine as long as it doesn’t invalidate the old notes.
Looking forward, if the hyperinflation I fear ever materializes, and the notes become worthless, I will turn them into laminated bookmarks. I already have some laminated bookmarks made from Peruvian and Hungarian currencies. I like my bookmarks to be aesthetically pleasing—and the new design may help in that regard. /S
Last time I handled a C-note was during the “worst economy since the depression” of the Bush administration.
I do handle a lot of change now...
Tried to get one from a TD bank in South Jersey yesterday and they told me they didn’t have any yet !
The blue strip to the right of Ben is kind of odd... as the light shines on it, it changes back and forth from “100” to some kind of strange symbol that looks like a T on top of an upside down U... not sure if that is just a result of the process, or if there is some meaning to that symbol.
Explained here.
http://www.newmoney.gov/uscurrency/redesigned100.htm
Haven’t seen one so I can’t offer an opinion on what it looks like.
“not sure if that is just a result of the process, or if there is some meaning to that symbol”
Freemasons?
That's the liberty bell, which is cracked and won't ring.
If you wait to be paid in gold, I think your business may fail.
Doesn’t really look like a bell to me. There is a better image of a bell in the golden-colored area near right bottom.
Whatever, but I can’t help but get the feeling that if Ben was ever to actually see one of these monstrosities, he’d laugh his kite off!
Pretty sad.
Hey, that's RACIST! < /sarc >
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