OK Idiots. Just a reminder it was really just paper (cloth actually)... Until they are put into circulation they are NOT currency despite what the news people say. It just happens that all the anti-counterfeit measures bit them in the butt. …and NO the Obama administration does not have anything to do with it.
What was the intended use of the 100 billion dollars? Were they (the Gov) going to put that into circulation? How horrible would that be to the current economy? Talk about inflation taking off.
4:55 The new bills would replace old bills. That is why banks often have new bills to hand out. If you think $100 billion added to the economy would be bad, consider the QE2 efforts by the fed which basically put $600 billion into the economy. (Every existing dollar becomes worth a little less, thus inflation.) I agree, that is not good to just add money out of thin air.
11 comments:
On December 21 2012 things will not be going well.
You can't even put ink on paper and you want to do our health care?
Obammy knows how to spend it, he just doesn't know how to print it.
I believe it is 1 billion dollar worth of $100 bills. In other words, 10 million $100 bills.
OK Idiots. Just a reminder it was really just paper (cloth actually)... Until they are put into circulation they are NOT currency despite what the news people say. It just happens that all the anti-counterfeit measures bit them in the butt. …and NO the Obama administration does not have anything to do with it.
Double Fake “Debby Downer”
Mzchief and Wordtile are TARDS and you can take that to the Bank.
7:37, you believe wrong.
I am 7:37. I am wrong. It is $100 billion worth of $100 bills. Sorry dear Barry.
What was the intended use of the 100 billion dollars? Were they (the Gov) going to put that into circulation? How horrible would that be to the current economy? Talk about inflation taking off.
4:55 The new bills would replace old bills. That is why banks often have new bills to hand out. If you think $100 billion added to the economy would be bad, consider the QE2 efforts by the fed which basically put $600 billion into the economy. (Every existing dollar becomes worth a little less, thus inflation.) I agree, that is not good to just add money out of thin air.
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