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(The Atlantic)   It really is all about the Benjamins, baby: $100-dollar bills make up 80% of all circulating US currency   (theatlantic.com) divider line 14
    More: Interesting, Uncle Sam, United States, U.S. currency, Treasury bill, local currency, redistribution of wealth, currency  
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4060 clicks; posted to Main » on 23 Nov 2012 at 6:32 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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DGK
2012-11-23 06:42:58 AM
3 votes:
I think it is kind of funny that the US Gov likes to say that anyone who smokes pot supports terrorists, drug cartels, and other "bad people" but they don't seem to mind the fact that these groups are using our currency as long as it helps keep the value of the dollar up. Wouldn't want people to get so worried about the dollar that they start holding Washington to some sort of accountability or anything.
2012-11-23 06:35:57 AM
3 votes:
www.historycommons.org
2012-11-23 08:21:03 AM
2 votes:
It doesn't say there are more $100 bills than $1 bills. It says the total value (not number) of the $100 bills in circulation (80%) is more than the total value of the other bills. (Unless I missed something. It's early and the coffee hasn't finished yet.) This isn't really THAT surprising, is it?

Maybe I'm wrong. If so, thanks to whoever points it out.
/Go!
2012-11-23 07:43:49 AM
2 votes:

ruatan: When ATM's start handing out $100's I'll believe this, but it's been a long time since I've had a 100 in my wallet!!


Casinos
2012-11-23 06:48:49 AM
2 votes:
How the hell is that? Just try using a hundred dollar bill to pay for something these days. Take a pack of gum to the cashier at the local gas station, toss down a hundred and see her point to the ubiquitous "No Bills over $20" sign. I often have hundreds, but I only spend them at truck stops.

Must be all the cartels circulating these hundred dollar bills.
2012-11-23 06:32:49 AM
2 votes:
Not in my wallet.
2012-11-23 11:50:52 AM
1 votes:

Voiceofreason01: That Guy...From That Show!: What's amusing is that there is $3,500 actual dollars per person in the United States.

And yet, most people are paying interest on loans for much more money than that.

People here are having their actual real money taken to pay for interest on completely imaginary money and don't seem to have a problem with it.

jesus farking christ

/pro tip: every assumption you've made about how money works is wrong
//all of them


If you're not familiar with how money is created and how fractional-reserve banking works then you cannot understand what I said.
2012-11-23 09:23:50 AM
1 votes:
I'm not excusing anybody. I'm just saying the same issues come up all the time ON BOTH SIDES of the aisle.
When the republicans are running up the deficit, the democrats act like its the worst thing since outlawed killing hookers... Fast forward to demos being in power, and suddenly the repubs are screaming about the same farking thing!

This printing money issue is the same thing. I've been listening to my extreamly partisan family argue over these issues since Reagan was in office...

I'm being the voice of reason here, and you're going all demagogue.

/btw, every president since I've been alive has been guilty of impeachable offenses.*

* at least in ~1/3 of the country's eyes
2012-11-23 08:59:54 AM
1 votes:

whipbambucket: SirGeorgeBurkelwitzIII: In before one of our new post-election right wing trolls comes I to rant about over printing of paper currency in the United States.

You mean like the over-the-top left winger were when GWB was re-elected?

Short memory mfers


Over the top? The man is a war criminal, and we knew that before the election.
2012-11-23 08:38:38 AM
1 votes:
"$100-dollar bills" is pronounced "hundred dollar dollar bills".

/dolla dolla bill yall
2012-11-23 08:17:13 AM
1 votes:
In the book Reefer Madness, it states that 80% of all 100 dollar bills are circulated outside of the US. This might hold some insight into the matter...
2012-11-23 07:43:25 AM
1 votes:
Kinda makes sense to me. Aren't $100s the largest bill now? Since everything else is paid for with plastic, there's not much need for tons of other bills.
2012-11-23 07:37:19 AM
1 votes:
They need to bring back the McKinleys. What with inflation and all.

www.gurdjieff-legacy.org
2012-11-23 07:08:19 AM
1 votes:

tacos4jesus: Not in my wallet.


Beat me to it.

/Drug war, corruption, tax shelters, etc...
/Its as good as gold and you can always print more.
 
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