Monday, December 6, 2010

Fed "quarantines" $110 billion in bungled U.S. dollars

From The Daily Crux:

Counter to what we've been hearing about Ben Bernanke firing up the printing presses, the Fed has actually stopped them.

New $100 bills were being touted as more secure, but the printing presses can't handle the technology. So more than 1 billion unusable bills will have to be destroyed.

This equals about 10% of of the entire U.S. cash supply…

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View the original article here

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