Posted on 04/22/2010 3:41:54 AM PDT by Tolerance Sucks Rocks
I’ve seen the new Hundred. It looks like a Euro-note.
This is embarassing.
ain’t worth the paper its printed on.
How many loaves of bread does the new $100 bill buy today as compared to 1910?
Sounds like the lenticular spectacles they sell in gag shops. You know, like...
The Chi-coms & their N.Korea friends must be printing them by the millions.
That is what I was scared of. Fortunately, the new note still uses Ben Franklin’s portrait.
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.
Personally, if it ever came to that, I would not accept it as legal tender.
It’s Percy.
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?
Surprised that they didn’t try to put 0bummer’s face on it...maybe next time.
I think you have to be dead before they can put your face on money.
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.
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.
I thought gold was $20.67/ounce before FDR devalued the currency to $35/ounce.
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.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.