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$19.9B In US Banknotes Printed In May, Most In 1-1/2 Years

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aardspeed's Avatar
921 Posts
 Posted 07/03/2015  05:16 am Show Profile   Bookmark this topic Add aardspeed to your friends list Get a Link to this Message Number of Subscribers
"Just over 538 million in $1s, $5s, $10s, $20s and $100s was printed in May for a total of more than $19.9 billion — the highest amount since September 2013, according to a Bureau of Engraving and Printing (BEP) production report published on Thursday, July 2. These levels compare to the prior-month totals of 595.3 million notes worth over $15.5 billion.

-36.2% fewer $1s
-10% fewer $5s
-11.1% fewer $10s
-15.9% fewer $20s
-47% more $100s

The BEP has not printed $50s for five straight months and presses for $2s have been silent for four months. In January, $2s were produced for the first time since June 2014"





http://www.coinnews.net/2015/07/03/...-1-12-years/

$19.9B-In-US-Banknotes-Printed-In-May,-Most-In-1-1/2-Years
Valued Member
United States
75 Posts
 Posted 07/03/2015  6:45 pm  Show Profile   Bookmark this reply Add SuperGrafx to your friends list Get a Link to this Reply
Lessened demand for paper notes?
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IndianGoldEagle's Avatar
United States
36903 Posts
 Posted 07/04/2015  11:20 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Most probably went overseas or south of the border.
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 07/04/2015  11:23 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
hamina hamina hamina hamina

And this is why inflation happens.
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