Meet the New $100 Bill, the World’s Most Popular Bank Note... v

[Ponce]

http://finance.yahoo.com/news/meet-100-bill-world-most-154245088.html

[Uncle Salty]

Look at all that gold on the new bill...hmmmm....is freegold far away??

[mamboni]

Haven't we seen this bill before?

[ximmy]

still says federal reserve note...

[palani]

Bet if you fold it a certain way it sends signals to UFOs.

[monty]

Haven't we seen this bill before?

I think we have: http://www.cnbc.com/id/40521684

Sent from my iPad using Forum Runner

[madfranks]

Haven't we seen this bill before?

Yes, this issue was supposed to be released in 2010, but they had production issues. So none of this design has actually been released yet.

[mamboni]

I wonder if there is an RFID hidden in the bill. Somehow, they have machines that can scan and count all denominations except $1 dollar bills. It's probably hard to smuggle $10,000 in singles through an airport scanner though.

[Cebu_4_2]

I wonder if there is an RFID hidden in the bill. Somehow, they have machines that can scan and count all denominations except $1 dollar bills. It's probably hard to smuggle $10,000 in singles through an airport scanner though.

Hahaha you missing the point... RFID dont like 30 seconds in the microwave. And also doesn't hurt the makeup of the bill.

IE: Neutered bills

[midnight rambler]

I wonder if there is an RFID hidden in the bill. Somehow, they have machines that can scan and count all denominations except $1 dollar bills. It's probably hard to smuggle $10,000 in singles through an airport scanner though.

It's that polyester/platinum thread that gives an indication with the right equipment. Years ago one could work the paper and extract that thread however I've noticed that it's virtually impossible to extract that thread now so I'm thinking they have improved their method of embedding it in the paper.

[midnight rambler]

Hahaha you missing the point... RFID dont like 30 seconds in the microwave. And also doesn't hurt the makeup of the bill.

IE: Neutered bills

That polyester/platinum thread isn't RFID, it's magnetized somehow apparently.

[zap]

I also wondered if it had a chip in it.

[Sparky]

I've never understood why counterfeiters don't simply counterfeit the older versions that don't have all the anti-counterfeit features.

And along those very lines...

Be wary that some day there may be an expiration date on FRNs. This has already happened in high inflation countries. But it won't be for inflation, it will be to make it harder to hoard cash because you'll need to be continually cycling through it, like food preps. The excuse given will be that they need to flush out all the older bills that are easier to counterfeit. FRNs already have a Series date on them, so this would not be hard to implement.

[Hypertiger]

The FED has been inflating the supply of Federal Reserve notes since 1917 at an average of 6% a year continuously...from 3.7 Billion Dollars worth of FEDERAL Reserve notes in 1917

To 1.174 Trillion currently...prior to 2000 they stopped burning old notes to increase the supply to deal with Y2K.

The total debt supply inflated continuously from 1944 to 2008 by around 7.9% from 355 Billion Dollars to 53.4 Trillion Dollars

The the USA ran out of resources to supply the demand and the total debt has inflated continuously by only 1.1% the past 5 years to 56.3 Trillion Dollars due to debt deflation.

In 1944 the ratio of Total credit to notes was 20 Billion/355 Billion or 5%

Now it's 1.174 Trillion/56.3 Trillion or 2%

[Twisted Titan]

I've never understood why counterfeiters don't simply counterfeit the older versions that don't have all the anti-counterfeit features.

And along those very lines...

Be wary that some day there may be an expiration date on FRNs. This has already happened in high inflation countries. But it won't be for inflation, it will be to make it harder to hoard cash because you'll need to be continually cycling through it, like food preps. The excuse given will be that they need to flush out all the older bills that are easier to counterfeit. FRNs already have a Series date on them, so this would not be hard to implement.


First time i heard this but this is a extremely likely scenario.

Or if you use the bills they will sell for a steep ass discount.

I heard it on GSUS first

[Dogman]

I also wondered if it had a chip in it. If they did I would think they could be seen if you hold the bill up to a bright light.

Unless totally transparent electronics have been developed.

[Sparky]

If they did I would think they could be seen if you hold the bill up to a bright light.

Unless totally transparent electronics have been developed.

This quote is from 2005:

"We're working with a few vendors that have inks with nano-sized particles in there that allow you to print antennas onto paper, which are much less expensive and faster to make," said Van Fleet, who also helps to lead R and V Group in Lagrangeville, N.Y., an RFID-label manufacturing company.

http://www.spacedaily.com/news/nanotech-05zzd.html

Welcome back Dogman.

[Dogman]

Antennas I can sorta see but transparent>?

Also the chips that would be the hard one imo to make and not be able to be seen, I have seen conductive plastic but not totally transparent.

So if rfd chips are implanted it would seem they could be seen or at least the shadow of them.

Never have left, just sorta been hanging and getting reacquainted with my martin after ignoring it for almost 8 years, and getting back into music.