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To: Grando Calrissian; Travis McGee; Jeff Head
The government doesn't trust us with cash. It hates cash. It treats us like small children, who you would not give a large denomination bill to, though you'd happly give them a one dollar bill. My grandfather in 1901 could have had a $1000 bill. These were not that rare. Maybe even the $10,000. I'm not sure how rare those were. But lets stick with the everyday $1000. If we still could use those it would only be worth $48. But we can't. We are only trusted with the $100, which is only worth $4.80.

(Based on Univ. of Oregon conversion factors at this site: http://eh.net/hmit/compare/)

That's pretty pathetic even leaving out the biggest bill we're only given a bill that is worth 1/2 of 1 percent of what our grandparents had.

Or to put it another way to simply restore the "true" $100 bill you would need to have a $2,100. bill. To restore the $1000 bill you would need a $21,000 bill. And to bring back the majestic buying power of the big spenders of the day, the $10,000 bill (why do you think they put Wilson on it? Payback for shoving the Fed through... nah, couldn't be) the Treasury/Fed would have to issue a $210,000 bill. You know a bill you could buy a house with!

But we can't be trusted with cash. We're children. Or sheep.

What do you think grandpa would have said if someone from the Fed had told him: we're recalling all bills bigger than the $5? That's what they did to you.

Baaaa, bhaaaa, baaaaa.

13 posted on 05/28/2003 5:26:47 PM PDT by Jack Black
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To: Jack Black
"We are only trusted with the $100, which is only worth $4.80."

But, whereas he had one $100bill at $4.80 each, I have 100 $100bills worth $4.80 each.

yitbos

14 posted on 05/28/2003 5:36:46 PM PDT by bruinbirdman (Veritas vos liberabit)
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