Brand New Benjamin’s!
The U.S. Treasury is at it again! Come February, the hundred dollar bill will have a whole new look.
Unfortunately for the Treasury, about 1.1 billion of the new bill are unusable. Apparently, the paper somehow got folded in the printing press leaving portions of the new bills blank…expensive mistake! Since the $100 bill is the most common among counterfeiters they are going the extra step to keep them from being replicated…
“As with previous U.S. currency redesigns, this noteincorporates the best technology available to ensure we’re staying ahead of counterfeiters,” U.S. Treasury Secretary Timothy Geithner
Here is the problem that I see tho…
“It is important to understand when the new design $100 note is issued on February 10, 2011, the approximately 6.5 billion older design $100s already in circulation will remain legal tender,”
If they are making the new bill harder to copy and keeping the old bills in circulation…how is that solving the counterfeiting problem? The counterfeiters are just going to copy the old bills. Just my thought.
Read more here – via FoxNews.com
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