Monday, December 6, 2010

100 Billion Dollar Problem

Gold is Money!Image by r0b0r0b via Flickr Are the Feds or Federal Reserve as we know it creating a problem by creating money out of then air ? The Feds are having problems with the new roll out of its new 100 dollar bills. The new 100 dollar bills have gotten some preprinting problems. The Feds have printed up about 100billion dollars worth of bills at about 12cent a bill. The bills are housed at a large facility in Texas.

There is already 900 billion dollars worth of currency in circulation. The faulty printing of the new hundred dollar bills that are said to be bad and good can cause a few major problems with what the money is good clean money and what is bad money. It could take a full year to seperate the good bills from the bad bills.

$110 billion in new hundred-dollar bills are no good Gold Anti ...

WASHINGTON -- A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills in huge vaults in Fort Worth, ...

US new 100-dollar note plauged by printing problems

now making all old style $100 bills again

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