Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

New $100 bill costs 60% more to produce


flatdawg
 Share

Recommended Posts

Market Watch

Oct. 8, 2013

The C-note just got a colorful makeover — and a heftier price tag.

The revamped $100 bill costs 12.5 cents to produce — a 60% increase over the 7.8 cents it cost to print the older version of the bill. The government has printed 3.5 billion of the new $100 bills, which it began delivering to financial institutions Tuesday. How soon customers will see the new bills depends on their distance from a regional Fed office, demand, and a few other factors.

http://rinf.com/alt-news/breaking-news/new-100-bill-costs-60-more-to-produce/77223/

Flatdawg says: China could make it for a third of the price.

  • Upvote 2
Link to comment
Share on other sites

ha ha ha ..... in the years to come the new $100 bill will be worth the equivalent of 12.5cents in today's money

 

 

it just sums up fiat currency for the joke that it is ........ how can something cost $0.12 to produce with a completely limitless supply which is totally unchecked  and be worth 800,000 times more in the local economy ....

  • Upvote 2
Link to comment
Share on other sites

ha ha ha ..... in the years to come the new $100 bill will be worth the equivalent of 12.5cents in today's money

 

 

Years to come? I'm thinking the middle of November.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.