sunset from behind the wire

sunset from behind the wire

Monday, April 29, 2013

Ben's New Look


A new style $100 bill will enter circulation on October 8th, 2013. The new note was unveiled in 2010 and includes a number of new security features, including a blue 3D security ribbon and a disappearing Liberty Bell inside an orange inkwell that is more difficult for counterfeiters to replicate.


The Federal Reserve was created with the Federal Reserve Act, passed by Congress on December 23, 1913, immediately before the legislators headed home for Christmas...much the way ObamaCare was. Between then and now, the Federal Reserve expanded significantly. The Federal Reserve backs the currency the the United States Department of the Treasury creates the currency. The Federal Reserve's monetary policies don't have to be approved by Congress or by the President of the United States. Its Board of Governors operates independently of the government.



How strange - a nation that doesn't control it's own money.

12 comments:

  1. Hmmm.... A Liberty Bell that disappears beneath an ink well when you examine it closely? Seems like a metaphor to me.w

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    1. At least they didn't represent an upside down American Flag on fire.

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  2. Someone pulled a fast one on America in 1913. What a bunch of dupes. And who pays the price? The children!

    But hey, at least that generation didn't abort all of US!

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    1. Our generation spared us from the ash heap. I guess that's one thing that we can agree on. But we've been paying for their decisions as our children will pay for ours, and for our proud ObamaNation.

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  3. 1913 was an unlucky year which also saw passage of the 16th Amendment.

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  4. Have the No. Koreans copied it yet?

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    Replies
    1. I'm sure that they're waiting until it's released by the US Bureau of Printing and Engraving before they release their version.

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  5. I wonder how much just adding another color will reduce the funny money. I've seen some pretty bad counterfeits that would not have been accepted had their been just one more color required.

    ...that being said, initial releases also cause an increase in counterfeits - as cashiers aren't sure what's real.

    I'm for the gray market, whenever possible....

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  6. great post, I am interesting in it!

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