The law regarding paper money only says the person has to be dead--no waiting period is specified. There is no law against putting *living*...
The serial number ranges used for the uncut sheets are approximately known. In recent years, the BEP hasn't reported the uncut sheet printings...
It's worth two bucks, because it isn't an error. Somebody cut it this way on purpose, from one of the uncut sheets that the BEP sells to...
Is that actually a stamp on the note? I've seen a few old notes that'd been made into advertisements, but they were always done with cellophane...
Watch the decimal point...it's a run of 2,560,000, which doesn't sound nearly as special. :( It's still the first run of big-head $100's ever...
Sounds like it's been bleached in some way. I doubt it was an intentional alteration to fool anyone; most likely, the bill just got accidentally...
There is no U.S. currency dated 2008. You probably have a 2003 or 2006 or 2009 with a bit of ink bleed on the date. You can verify the date by...
If the USNs magically retained their full value despite an order-of-magnitude oversupply (or more), then yes, all of that could happen. Of...
That was exactly my point. Once the investors spend their USNs to buy other investments, where do all those USNs go? They go to the gold miners...
But the Fed doesn't do exactly the same thing. It can't, really, because it doesn't have anything to spend all that money on. Congress routinely...
As I pointed out above, that's exactly why your plan doesn't work. Ask yourself the question: Why do these "holders of the debt" choose to hold...
On (1), I completely agree with you. We'd be better off if we weren't using billions of our tax dollars to pay interest to China et al., and we...
Okay, I'm finally starting to see what you mean by "debt" and "not debt". You're using these words in a way that doesn't agree with the...
The debt is the money, and the money is the debt. If money is being created, somebody's going into debt. The only way around this, again, is to...
Well, I still can't get past it.... :) The only reason the government needs to go into debt is that it spends more than it takes in in tax...
You're contradicting yourself here. You say that most Treasury debt is owned by somebody other than the Fed. But you say that if we had no Fed,...
But the total amount of FRNs in existence is a bit under $1T. So the vast majority of that $14T GDP, and that $20T floating around offshore, must...
Answering the last bit first: I'm not denying anybody the right to change the system. We the people (acting through Congress) created the system,...
Either I'm not following your point, or your terminology makes no sense. You're proposing a hypothetical currency that wouldn't be redeemable....
I don't know much about Greece et al., but I wanted to chime in and correct this. U.S. Notes are precisely debt owed by the U.S....
Separate names with a comma.
