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Let's Abolish the $100 Bill - Vimarsana News

Let's Abolish the $100 Bill

Did you know that the United States now produces more $100 bills than any other denomination? “The $100 bill overtook the $1 bill … six years ago,” Oliver Bullough reports in Mother Jones, “and the trend has accelerated since: At the end of 2022 there were 18.5 billion $100s out there, and the Treasury Department printed another 1.5 billion in 2023. Of the total value of currency in circulation, 80 percent consists of notes with Benjamin Franklin’s face on them.”The Benjamin is king—even though,

Source: yahoo.com
Let's Abolish the $100 Bill | The New Republic - Vimarsana News

Let's Abolish the $100 Bill | The New Republic

Benjamins are the favorite currency of criminals and almost no one else—and there’s no good reason to go on printing them.

Krugman's Accounting Of The National Debt Is Jailworthy - Vimarsana News

Krugman's Accounting Of The National Debt Is Jailworthy

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Krugman's Accounting of the National Debt Is Jailworthy - Vimarsana News

Krugman's Accounting of the National Debt Is Jailworthy

Commentary The national debt has risen at a blistering pace over recent decades and is now higher than any era ...

Federal Reserve Bank of San Francisco | The Last Resort in a Changing Landscape - Vimarsana News

Federal Reserve Bank of San Francisco | The Last Resort in a Changing Landscape

Money Marketeers of New York University Webinar New York, NY For delivery on Tuesday, April 15, 2021 2:00 P.M. EDT Introduction I grew up in Missouri surrounded by three rivers. Nearly every spring, at least one of them would flood. Each time this happened, families, businesses, and sometimes whole communities, would be forced to higher ground until the water receded and returned to its banks. Public programs were there to assist. Teams helped people evacuate, temporary shelters were stood up overnight, and financial support was provided for repairs and rebuilding. By many measures, these...

Source: frbsf.org