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 Replies: 13 / Views: 6,882 |
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Pillar of the Community
United States
3640 Posts |
Probably already mentioned on here since this note
was out in January (what I was told anyway)
But does anyone have one ? I've been asking around banks
with no luck.
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Pillar of the Community
United States
7840 Posts |
From I have read, they are still at The BEP...I saw pallets of them at The Dallas BEP earlier this year (Spring Break).
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Valued Member
Australia
145 Posts |
Is Obama's Head on it?
"In Obama we trust" ?
On a serious "note" I am curious to see what it will be, I'm guessing it will be paper note still?
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Pillar of the Community
United States
1812 Posts |
To my knowledge thay have yet too be released into circulation due to the wrinkle problems their still having...
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Pillar of the Community
United States
7840 Posts |
Edited by oih82w8
06/26/2012 12:49 pm
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Bedrock of the Community
United States
36744 Posts |
I'd like to see what the bills really look like and read what is on them. It makes no sense that they would keep printing these and stack them on pallets in storage. Every other piece of U.S. currency has been released within a couple months of announcing a new design. They say they are having printing problems, yet they keep printing them. They have not showing anywhere in the media what these major printing issues look like. I doubt very much the public is not being told the truth about these notes.
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Valued Member
Australia
145 Posts |
It maybe a case of "are they really printing money at all?"
That design looks ok but very outdated, better then the all seeing eye
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Pillar of the Community
United States
1397 Posts |
Quote:
I doubt very much the public is not being told the truth about these notes. The public has not and never will be told the truth... about anything.They, like every other government on the planet tell you what they want you to know as long as it helps them with their agenda. It's just one of those facts of life that has always been and will always be. On the subject of the new hundreds, I don't know that a new release date has been set yet. |
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Pillar of the Community
United States
2295 Posts |
Some nice videos on it: http://www.newmoney.gov/newmoney/default.aspxThey said they will have at least a 6 month time frame from the announcement date to the release date, before being released. And they are still having problems with sporadic creasing, when being printed. Edited by wquinn
06/26/2012 12:50 pm
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Pillar of the Community
 United States
3640 Posts |
I guess I got my answer then. Thanks.
Oil of O'lay will get the wrinkles out of them.
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New Member
United States
18 Posts |
BEP is not releasing these notes for some peculiar reason  . We may not hear anything for a while. I wonder what this has already costs WE THE PEOPLE  . |
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Pillar of the Community
United States
3640 Posts |
Well, if we were still on the gold standard then about 1.1 billion dollars. No problem here though. The feds can do anything they like. What's a few tons of paper and ink anyway ? Chump change. Interesting, the U.S. mint runs on it's own
but the BEP uses our tax dollars to operate.
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Pillar of the Community
United States
2295 Posts |
But doesn't the BEP charge the FR the full face value for the notes it prints? I think it gets most, if not all, of its income that way?
Edited by wquinn
06/28/2012 2:41 pm
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Moderator
 United States
188274 Posts |
Someone will need to clarify, but I do not think that the rules for seigniorage earned by the mint apply to the BEP. This is because they have to buy back, at full value, worn notes returned to it. I think the only time the BEP sees a profit from seigniorage is when the money supply is increased. There was a post about this a while back. If I find it, I will link to it.  |
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Replies: 13 / Views: 6,882 |
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Posted 06/26/2012 10:11 am
