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New $100 bill costs 60% more to produce


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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.

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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 ....

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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.

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