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The Federal Reserve And U.S. Treasury Unveil The New 100 Dollar Bill
Before It's News ^ | April 21, 2010 | The Economic Collapse Blog

Posted on 04/22/2010 3:41:54 AM PDT by Tolerance Sucks Rocks

The Federal Reserve and the U.S. Treasury have unveiled the new 100 dollar bill which will go into circulation starting on February 10th, 2011. Officials from the U.S. Department of the Treasury, the Federal Reserve System and the United States Secret Service held a press conference in Washington D.C. today to show off the new security features which they hope will reduce the threat of counterfeiting. The 100 dollar bill is the highest denomination of all Federal Reserve notes currently being produced, and circulation of the 100 dollar Federal Reserve note in the past 25 years has grown from $180 billion to approximately $650 billion, so maintaining the integrity of the note is absolutely critical.

The two most prominent new security features are the "3-D Security Ribbon" and the "Bell in the Inkwell". The blue 3-D Security Ribbon on the front of the new 100 dollar bill contains images of bells and 100s that shift and change from one to the other as you tilt the bill. The Bell in the Inkwell on the front of the new 100 dollar bill actually changes color from copper to green when the bill is tilted. This makes it appear as if the bell appears and disappears within the copper inkwell as you move the bill back and forth.

It is believed that these two new security features will make it much harder for major counterfeiters (such as the government of North Korea) to counterfeit 100 dollar bills according to Treasurer of the United States Rosie Rios....

(Excerpt) Read more at beforeitsnews.com ...


TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: 100dollarbill; counterfeiting; federalreserve; inflation

1 posted on 04/22/2010 3:41:55 AM PDT by Tolerance Sucks Rocks
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To: Tolerance Sucks Rocks

2 posted on 04/22/2010 3:48:17 AM PDT by Amagi (Yo, Homeland Security: Stay stupid. Stay PC. Don't profile. Look for the bomb not the bomber.)
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To: Tolerance Sucks Rocks

3 posted on 04/22/2010 3:48:37 AM PDT by The Magical Mischief Tour
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To: Tolerance Sucks Rocks

I’ve seen the new Hundred. It looks like a Euro-note.
This is embarassing.


4 posted on 04/22/2010 4:00:14 AM PDT by BuffaloJack (Socialism, socialism, we don't need no stinkin' socialism.)
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To: Tolerance Sucks Rocks

ain’t worth the paper its printed on.


5 posted on 04/22/2010 4:13:45 AM PDT by bikerman (Impeachment ! Has a nice ring to it dont you think?)
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To: Tolerance Sucks Rocks

How many loaves of bread does the new $100 bill buy today as compared to 1910?


6 posted on 04/22/2010 4:19:04 AM PDT by sergeantdave
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To: Tolerance Sucks Rocks
The blue 3-D Security Ribbon on the front of the new 100 dollar bill contains images of bells and 100s that shift and change from one to the other as you tilt the bill. The Bell in the Inkwell on the front of the new 100 dollar bill actually changes color from copper to green when the bill is tilted. This makes it appear as if the bell appears and disappears within the copper inkwell as you move the bill back and forth.


Sounds like the lenticular spectacles they sell in gag shops. You know, like...



7 posted on 04/22/2010 4:22:17 AM PDT by 668 - Neighbor of the Beast (STOP the Tyrananny State.)
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To: Tolerance Sucks Rocks
How old is the latest C-Note? 5 years?

The Chi-coms & their N.Korea friends must be printing them by the millions.

8 posted on 04/22/2010 4:22:33 AM PDT by TexasCajun
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To: The Magical Mischief Tour

That is what I was scared of. Fortunately, the new note still uses Ben Franklin’s portrait.


9 posted on 04/22/2010 4:35:04 AM PDT by Tolerance Sucks Rocks (I am Ellie Light. I hate slow drivers.)
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To: Tolerance Sucks Rocks

At the rate that congress is sending America into debt and debasing the currency, we’ll soon need a one thousand dollar bill to go out and buy a pack of gum.


10 posted on 04/22/2010 4:48:07 AM PDT by Jack Hammer
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To: The Magical Mischief Tour
Scary!

Personally, if it ever came to that, I would not accept it as legal tender.

11 posted on 04/22/2010 4:54:51 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: 668 - Neighbor of the Beast

It’s Percy.


12 posted on 04/22/2010 5:24:30 AM PDT by AceMineral (Do you go to women? Don't forget your whip.)
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To: Tolerance Sucks Rocks
From the article:

One piece of good news is that people currently holding 100 dollar bills will not be forced to exchange them for the new version. All of the old versions will continue to be accepted as legal tender

Sooooooooo...North Korea will still be able counterfeit the old bills?

13 posted on 04/22/2010 5:43:08 AM PDT by LoveUSA (What are we waiting for?)
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To: Tolerance Sucks Rocks

Surprised that they didn’t try to put 0bummer’s face on it...maybe next time.


14 posted on 04/22/2010 5:48:22 AM PDT by Permanent Veteran
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To: Permanent Veteran

I think you have to be dead before they can put your face on money.


15 posted on 04/22/2010 6:23:41 AM PDT by Fellow Traveler
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To: Tolerance Sucks Rocks
Oh, look. The new ten-spot!
16 posted on 04/22/2010 6:37:27 AM PDT by lentulusgracchus
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To: sergeantdave
How many loaves of bread does the new $100 bill buy today as compared to 1910?

Well, about five cents (gold) back then ....

Another way to do the math: In 1900, one ounce of gold was worth $16. Today ..... check Goldseek.com.

Still another is that the deflator for the last century was right at 20. And since 2000, we've had another 20-25% or so. See what that does for your calculator.

One more: The deflator from 1950 to 2007 was 10, exactly (about 15% inflation since 2007). In 1950, gold was $35/oz., vs. $16/oz. in 1900. Try that.

17 posted on 04/22/2010 6:43:49 AM PDT by lentulusgracchus
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To: Tolerance Sucks Rocks

Last time they issued the new $100, it was actually easier to counterfeit than the old one. So here we go again, redesigning the 100 to make it harder to counterfeit. BS. Make work crap. How much did it cost the treasury (our tax money) to do both redesigns? And has anyone noticed that our currency is starting to look a lot like Mexican bills? The oversized pictures of the old dead white guys looking off into the distance. Also looks like the pose from all the soviet inspired obama posters. I am holding on to a couple of the old bills with the small pictures to show my kids what real money used to look like.


18 posted on 04/22/2010 6:50:07 AM PDT by Texas resident (Outlaw fisherman)
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To: lentulusgracchus

I thought gold was $20.67/ounce before FDR devalued the currency to $35/ounce.


19 posted on 04/22/2010 7:36:12 AM PDT by Tolerance Sucks Rocks (I am Ellie Light. I hate slow drivers.)
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To: Texas resident
And has anyone noticed that our currency is starting to look a lot like Mexican bills?

Coming soon...

Incidentally, if you want to show your kids what real (redeemable in precious metals) money looked like, try to procure some old gold and silver certificates.

20 posted on 04/22/2010 7:39:29 AM PDT by Tolerance Sucks Rocks (I am Ellie Light. I hate slow drivers.)
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To: LoveUSA
North Korea will still be able counterfeit the old bills?

Yeah, but in 3-4 years, those brand new old ones will look pretty suspect. But they'll have mastered counterfeiting the new ones by then, I'm sure...

21 posted on 04/22/2010 7:51:10 AM PDT by green iguana
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To: sergeantdave
How many loaves of bread does the new $100 bill buy today as compared to 1910?

The dollar has been devalued by more than 99% since 1920.

22 posted on 04/22/2010 9:00:08 AM PDT by backwoods-engineer ("It is error alone which needs the support of government. Truth can stand by itself." --Jefferson)
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To: backwoods-engineer

As I understand it, the dollar lost roughly 96 percent of its value between 1913 and today (although it could have lost more; the figures I picked up were from a year or two ago).


23 posted on 04/22/2010 9:41:51 AM PDT by Tolerance Sucks Rocks (I am Ellie Light. I hate slow drivers.)
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To: Jack Hammer; Tolerance Sucks Rocks
At the rate that congress is sending America into debt and debasing the currency, we’ll soon need a one thousand dollar bill to go out and buy a pack of gum.

I was just reflecting this morning, as I left the diner, that five years ago I was noticing ruefully that I needed a five-spot to cover every single purchase, even de minimis items. This year, the fivers don't get it -- I need a ten, now.

Congress and the Fed stole all our savings.

24 posted on 04/22/2010 9:45:08 AM PDT by lentulusgracchus
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To: Tolerance Sucks Rocks; Texas resident
I thought gold was $20.67/ounce before FDR devalued the currency to $35/ounce.

It had already been devalued before WW I, I think I read somewhere -- at the turn of the century or just before, it was $16/oz.

[Texas Resident] And has anyone noticed that our currency is starting to look a lot like Mexican bills?

Not just the style of the bill and the artwork -- have you looked at a $10 bill after it's been in circulation for a while? It looks like toilet paper. Cheap, cheap, cheap.

Someone wrote an article several years ago that there are two harbingers of serious inflation:

People are telling you, when they don't keep cash carefully, what they think of the currency, and inflation moves soon thereafter.

25 posted on 04/22/2010 9:53:39 AM PDT by lentulusgracchus
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To: lentulusgracchus

I have noticed that about the 10 dollar bills. There are a lot of them out in circulation that are really worn out. Not so much for the 20’s.


26 posted on 04/22/2010 10:54:16 AM PDT by Texas resident (Outlaw fisherman)
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To: Tolerance Sucks Rocks
Instantly stolen grafix ...

I always carry both old bills and two silver dollars so I always have "real currency" as opposed to Clinton-Bush lettuce, and "real money" as opposed to currency. I also carry a Libyan 1-dinar note so I can laugh at Khaddafy once in a while, and I also have somewhere a Brazilian note denominated in cruzeiros (that hyperinflated to zero) as a reminder.

27 posted on 04/22/2010 12:11:19 PM PDT by lentulusgracchus
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To: green iguana
But they'll have mastered counterfeiting the new ones by then, I'm sure...

Photo analysis is your friend.

Kinetic response.

28 posted on 04/22/2010 12:13:27 PM PDT by lentulusgracchus
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To: lentulusgracchus

“Congress and the Fed stole all our savings.”

Yep. Taxes aren’t the only burden we carry, courtesy of our Fearless Leaders. They’re also systematically debasing the currency, which, in turn, discourages savings and leads to further problems. The money-mad thieves are not gonna leave us anything.

The commmissars will have socalism one way or the other, and they’ll be living in their dachas and shopping at their congressional shops while the rest of us are wearing cardboard shoes and waiting in line for our monthly allotment of TP.

And we used to belittle the Russians!


29 posted on 04/22/2010 3:50:30 PM PDT by Jack Hammer
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