Skip to comments.
UPDATE 1-New US $100 note aims to deter counterfeiters(N. Korea react: dumping supernote inventory)
Reuters ^
| 04/21/10
| David Lawder
Posted on 04/21/2010 10:08:44 PM PDT by TigerLikesRooster
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-43 next last
To: TigerLikesRooster
Fear mongering, in a way. The actual percentage of American “dollars” that are coins or currency is like 3%.
The rest is tbills or bonds or Charmin or Wills and Trusts or Notes or Deferred Payments or 401(k)’S or WHATEVER THE HELL THE SHYSTERS CAN CON YOU IN TO!!!
If CONgress was even SLIGHTLY interested in balancing the budget I might be interested in worrying about whether my dollar was genuine.
21
posted on
04/22/2010 2:39:37 AM PDT
by
djf
To: Doug Loss
Yeah, and who was the brilliant designer who came up with the idea to have "SPECIMEN" plastered over both sides?
22
posted on
04/22/2010 2:45:54 AM PDT
by
Ken H
To: djf
Amount is small compared with total money supply. On the other hand, disruption in bill and coin circulation can severely impact day-to-day economic life of most citizens, creating serious social disruption and adding another layer of crisis of confidence over what we already have.
23
posted on
04/22/2010 2:49:16 AM PDT
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: TigerLikesRooster
But in fact it’s not Mr. and Mrs. J6P who benefit by the “integrity” of the dollar.
It’s the beltway and wall street folks.
If the dollar were to completely collapse, my bet would be that withing a month or two, new models of trade would happen.
Some would die, fortunes would collapse, but the urge to survive and work would rule.
24
posted on
04/22/2010 3:00:21 AM PDT
by
djf
To: djf
If you are talking about the final stage of financial meltdown, it is true that safeguarding dollar’s value matters little. I was addressing the problems in the interim.
25
posted on
04/22/2010 3:30:29 AM PDT
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: Rodamala
26
posted on
04/22/2010 4:06:52 AM PDT
by
jiggyboy
(Ten per cent of poll respondents are either lying or insane)
To: TigerLikesRooster
A newly designed $100 note aims to thwart counterfeiters with advanced security features. Wasn't that the purpose for the last redesign?
27
posted on
04/22/2010 4:10:06 AM PDT
by
Sarajevo
(You're jealous because the voices only talk to me.)
To: scott7278
“deriving their just powers from the consent of the governed”
Where do they get their currently unjust powers?
28
posted on
04/22/2010 4:10:23 AM PDT
by
Straight8
(Don't begin it if you're not in it to win it.)
To: Sarajevo
N. Korea is a stinking crap overall but it is good at certain things along the line of terrorism and international criminal activities.
The regime is Secret Service's major headache.
29
posted on
04/22/2010 4:13:39 AM PDT
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: null and void
I still have some pink and green MPC $.05 and $.10 notes.
To: fieldmarshaldj
pretty much sums it up...
OTOH, Cahill is now in second place in the most recent polls!
31
posted on
04/22/2010 6:03:36 AM PDT
by
GOPsterinMA
(Paul Ryan/Greg Abbott in 2012.)
To: TigerLikesRooster
Let’s see...
They unveiled the new 100$ Benjamins thus tipping their hand to the counterfeiters, but they won’t release any till Feb 2011.
Even after that they say they will honor the old ones.
If they continue to honor the old ones, then the anti-counterfeiting benefit is nil.
Plus they gave a more than adequate head start to the counterfeiters.
Plus the cost of printing the new ones goes up substantially.
But it gets better:
The Norks are nevertheless dumping their inventory of supernotes. US Dollars have dropped in value in nearby China to as low as 20% of the previous value.
This is in China where the falling dollar is already a huge worry.
With the dumping, of supernotes, it causes inflation that Obama can’t even spend!
The Norks get the immediate benefit and Obama only gets inflation, and in China where it really matters!
Hahahahahahha! Sorry but I just can’t help but laugh! The Dollar is a joke that just keeps going and going...
32
posted on
04/22/2010 7:14:43 AM PDT
by
helpfulresearcher
(Bipartisanship: The PC Term for Collaboration with the Enemy)
To: helpfulresearcher
Yes, the whole saga is a definite farce material.
33
posted on
04/22/2010 7:35:16 AM PDT
by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: Doug Loss
It's just you.
Not the worst I've ever seen world wide.
Although it might be the ugliest Federal Reserve Note ever...
34
posted on
04/22/2010 7:58:59 AM PDT
by
null and void
(We are now in day 454 of our national holiday from reality. - 0bama really isn't one of US.)
To: Pontiac
I hope that they have a new $1000 note on the drawing board. We are going to need it soon with Obamaflation on the near horizon. Won't happen.
The larger bills were killed by the drug war, as it made it too easy to transport money across the border.
With 0bama in charge they will want to keep honest citizens from taking their money with them.
35
posted on
04/22/2010 8:01:46 AM PDT
by
null and void
(We are now in day 454 of our national holiday from reality. - 0bama really isn't one of US.)
To: Eric in the Ozarks
Me too. Although I’ve never been anywhere they were actually used...
36
posted on
04/22/2010 8:02:37 AM PDT
by
null and void
(We are now in day 454 of our national holiday from reality. - 0bama really isn't one of US.)
To: null and void
Why does it have that racist white guy on the new bill?
To: djf
True. Most money is in the form of ones and zeroes.
38
posted on
04/22/2010 8:04:20 AM PDT
by
null and void
(We are now in day 454 of our national holiday from reality. - 0bama really isn't one of US.)
To: Sarajevo
Wasn't that the purpose for the last redesign? Yes. It's harder to hit a moving target.
39
posted on
04/22/2010 8:05:29 AM PDT
by
null and void
(We are now in day 454 of our national holiday from reality. - 0bama really isn't one of US.)
To: martin_fierro; Tijeras_Slim
![](http://h.imagehost.org/0707/tinydollar.jpg)
Mini-Dollar is no match for the power of BAHOG!
Navigation: use the links below to view more comments.
first previous 1-20, 21-40, 41-43 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson