[Fizzie]

I am in agreement with most of the posters on this thread that NOW is the time to pass counterfeit bills. Who really knows what's real? I received a new $20 recently, and it looked like a $20 that had been through the wash and bled like an old madras shirt. How could I know if it was legitimate?

According to the Federal Reserve, in 2002 the cost of currency (printing, transportation and destruction of old currency) was over $450 million. The $47MM of counterfeit bills that got into circulation in 2001 is a drop in the bucket, compared to the cost of issuing new bills, and the cost of every business having to accommodate the new bills.
Think of the software and hardware upgrades to all the bill acceptors on vending machines, change machines etc. etc.

I have never understood the rationale of frequently changing our currency under the guise of "preventing counterfeiting." The cost/benefit analysis is way out of whack.

[null and void]

Think of the software and hardware upgrades to all the bill acceptors on vending machines, change machines etc. etc.

I have never understood the rationale of frequently changing our currency under the guise of "preventing counterfeiting." The cost/benefit analysis is way out of whack.

Think of the jobs created with the upgrades...

[meenie]

A considerable savings could be realized by letting everybody print their own money for their expenses. That is the way the Federal government does it in conjunction with the Federal Reserve. Alan and George say that is what is bringing our country out of recession. Imagine the prosperity we could all enjoy with unlimited counterfeiting.