To: Timesink
I'm not so sure.
People know the new ones are out there, but aren't sure what they look like.
One thing that is indisputeable is that frequently changing currency guarantees that it will be devalued in the international market.
It's been ongoing for more than a decade. What is the purpose in purposefully and unnecessarily devaluing US currency by the US government?
3 posted on
11/08/2003 12:14:54 PM PST by
Maelstrom
(To prevent misinterpretation or abuse of the Constitution:The Bill of Rights limits government power)
To: Maelstrom
Once you get used to a currency, you subconsciously are aware of anything that is slightly off. This is absolutely the perfect time to pass bills in a busy environment. A slight imperfection would be less noticeable by somebody who has only seen a few of the real ones.
4 posted on
11/08/2003 12:16:04 PM PST by
dogbyte12
To: Maelstrom
"One thing that is indisputeable is that frequently changing currency guarantees that it will be devalued in the international market. It's been ongoing for more than a decade. What is the purpose in purposefully and unnecessarily devaluing US currency by the US government?" And exactly HOW is putting a couple of new colors on the $20 bill supposed to "devalue it in the international market", pray tell?? The two older-style bills are still in circulation and are still legal tender of equivalent value to the new bills.
8 posted on
11/08/2003 12:28:06 PM PST by
Wonder Warthog
(The Hog of Steel)
To: Maelstrom
It's been ongoing for more than a decade. What is the purpose in purposefully and unnecessarily devaluing US currency by the US government? Puts pressure on out trading "partners", like China for example, makes our products cheaper there, and theirs more expensive here.
Pay off the debt with hyperinflated dollars.
Pay "entitlements" with hyper inflated dollars. I'm confident I'll get back every penny I've put in Social Security - a hamburger may cost $3500.00, but I'll get every penny...
As a bonus we'll all be millionaires...
To: Maelstrom
What is the purpose in purposefully and unnecessarily devaluing US currency by the US government?What? You didn't figure they had run out of ways to waste our tax money yet did you? Besides this and the 'new' nickels, I read $32 million is being spent on publicity and ads for the new $20. Just a good thing they've still got ways. Else they might actually have to tax less. And Lord knows we can't have that!!
16 posted on
11/08/2003 12:54:03 PM PST by
billbears
(Deo Vindice)
To: Maelstrom
"What is the purpose in purposefully and unnecessarily devaluing US currency by the US government?"
The currency is being redesigned due to exponential advances in computer/printer techonology. With 1988 and earlier bills, I don't think it is readily possible for many people to detect counterfeits anymore. I have seen $100's from 88-earlier (no thread), and I honestly couldn't say if they were real or not. They were very new looking, in any event.
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