Interesting article on problems printing the new $100 bill

[mr_larry]

Here is a fascinating article on problems encountered printing the new $100 bill. They have already printed over a billion of the bills, but up to 30% have creases in the middle and result in blank spots.

http://finance.yahoo.com/news/The-F...EwYmk-?x=0&sec=topStories&pos=3&asset=&ccode=

 

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[GopherDaGold]

Perhaps the problem could have been avoided by not having to print them so fast in order to keep ahead of Obamas' spendulous bills
I know I should not have gone there but c'mon, it was there for the taking!
I hope a few of these wind up in circulation.

 

[jeff of pa]

more :

Government can’t print money properly

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas,

It would take an estimated 20 to 30 years to weed out the defective bills by hand, but a mechanized system is expected to get the job done in about a year.

http://news.yahoo.com/s/yblog_thelo...5bl9tb3N0X3BvcHVsYXIEc2xrA2dvdmVybm1lbnRjYQ--

 

[DigginThePast]

Quantity over quality.

 

[jeff of pa]

I Think they should just let the Counterfeiters
Print it from now on

the mint would save on Paper & Ink

 

[gold fish]

I Think they should just let the Counterfeiters
Print it from now on

the mint would save on Paper & Ink

...and when the dollar full-on tanks from the abuse it's been through in the last couple decades, who's gonna care(or notice) anyway

 

[Diggin-N-Dumps]

more :

Government can’t print money properly

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them -- more than 10 percent of all existing U.S. cash -- in a vault in Fort Worth, Texas,

It would take an estimated 20 to 30 years to weed out the defective bills by hand, but a mechanized system is expected to get the job done in about a year.

http://news.yahoo.com/s/yblog_thelo...5bl9tb3N0X3BvcHVsYXIEc2xrA2dvdmVybm1lbnRjYQ--

And beleive me..thats all the new is talking about too