new $100 bill and being stored until 02/2011

57loaded · May 31, 2010 3:02AM

the standard reasoning is redesigning the last note (other than the $1) to reduce counterfeiting.

but why wait until next February to release?

is the "storage" of these in case of a massive run on the banks for cash?

even though Geithner says the "old" ones will still be honored, that could be changed as well?

some of it just seems fishy.

Wolf359 · May 31, 2010 3:07AM

Backed by one gram of gold?

JimDepot · May 31, 2010 5:04AM

Linky?

Zubie · May 31, 2010 6:23AM

Here is a link to the new $100. Not sure why they would be storing the bills until next February?
There a lot of gold on the new bills though???

$100 Bill (Front)

$100 Bill (Back)

BBN · May 31, 2010 8:01AM

Tim Geithner's signature ought to lend some credibility to it.

PerryHall · May 31, 2010 8:22AM

<< Tim Geithner's signature ought to lend some credibility to it. >>

Turbotax Tim?

johnny9434 · May 31, 2010 8:34AM

there expecting something later this year. maybe thats why the wait

renman95 · May 31, 2010 8:38AM

Seriously ugly bills. They are looking more and more like third-world devalued currency.

When ever I get one I will write "tax cheat" above Timmy's sig.

Bear · May 31, 2010 8:48AM

What ever is coming, can't be good. I suspect that the Government may require
folks to turn in their old 100 dollar bills for new. This will flush out illegal funds
before the old notes are made null and void.

Kip · May 31, 2010 9:54AM

<< What ever is coming, can't be good. I suspect that the Government may require
folks to turn in their old 100 dollar bills for new. This will flush out illegal funds
before the old notes are made null and void. >>

Good thought Old Bear...
The drug cartel probably would not suffer as they sleep with Washington anyway and would find a way around it

Memorial Day...
Thank you who have served and have sacrificed for our country. All gave some, some gave all.

I watched the flag pass by one day,
It fluttered in the breeze;
A young Marine saluted it,
And then he stood at ease.

I looked at him in uniform,
So young, so tall, so proud;
With hair cut square and eyes alert,
He'd stand out in any crowd.

I thought... how many men like him
Had fallen through the years?
How many died on foreign soil?
How many mothers' tears?

How many pilots' planes shot down
How many died at sea
How many foxholes were soldiers' graves
No, Freedom is not Free.

I heard the sound of Taps one night,
When everything was still;
I listened to the bugler play,
And felt a sudden chill;

I wondered just how many times
That Taps had meant "Amen"
When a flag had draped a coffin
Of a brother or a friend;

I thought of all the children,
Of the mothers and the wives,
Of fathers, sons and husbands.
With interrupted lives.

I thought about a graveyard
At the bottom of the sea,
Of unmarked graves in Arlington.
No. Freedom is not Free!

CaptHenway · May 31, 2010 10:09AM

As I recall, every other major redesign has been announced at least six months before the bills are actually released.
Get the knots out of your undies, ladies! There is no conspiracy here!
TD

dontippet · May 31, 2010 11:29AM

<< As I recall, every other major redesign has been announced at least six months before the bills are actually released.
Get the knots out of your undies, ladies! There is no conspiracy here!
TD >>

I agree with you. Wait.....is that a black helicopter I see in the sky?

jmski52 · June 1, 2010 12:06AM

I find it interesting that the US Government has to deal with so much more counterfeiting outside the country because that's where most of the $100 bills are going. Inside the States, most counterfeiting rings get busted and never reach the levels of sophistication that can be achieved in places like N.Korea, China, Russia, Eastern Europe. I wouldn't be too surprised to start hearing about places like Iran or Turkey getting into the business at some point.

pf70collector · June 1, 2010 3:05AM

Looking more and more like Monopoly Money which it really is.

57loaded · June 1, 2010 5:21AM

<< I find it interesting that the US Government has to deal with so much more counterfeiting outside the country because that's where most of the $100 bills are going. Inside the States, most counterfeiting rings get busted and never reach the levels of sophistication that can be achieved in places like N.Korea, China, Russia, Eastern Europe. I wouldn't be too surprised to start hearing about places like Iran or Turkey getting into the business at some point. >>

it's easier to tote a suitcase full of $100's than two of $50's...?

derryb · June 1, 2010 12:47PM

US might be setting up logistics to require exchange of all existing $100 bills on 02/2011. May be plans to flush all exisiting bills out of the system at one time.

dontippet · June 1, 2010 11:10PM

12 years ago when the first redesign in decades came out, I can only imagine the theories that were alive on this board. Bills are redesigned continuously now, I don't think this redesign is anything new.

gecko109 · June 1, 2010 11:38PM

<< Backed by one gram of gold? >>

This coupled with the mandatory exchange of all old notes might be the only thing that could save the nation. Otherwise, its just a newer version of the same "monopoly money".

Edited to add: With 8,000 tons of gold controlled by the government, they would be able to legally produce just over 7 billion of these notes. Of course, that would make gold worth about $3,100 per oz.....not really that hard to fathom.

CaptHenway · June 1, 2010 11:44PM

<< US might be setting up logistics to require exchange of all existing $100 bills on 02/2011. May be plans to flush all exisiting bills out of the system at one time. >>

Now, now.....take your meds and lie down until the feeling passes.........

derryb · June 2, 2010 3:04AM

<< 

<< US might be setting up logistics to require exchange of all existing $100 bills on 02/2011. May be plans to flush all exisiting bills out of the system at one time. >>

Now, now.....take your meds and lie down until the feeling passes......... >>

Do I have to wash them down with the koolaid?

KUCH · June 2, 2010 3:19AM

<< Tim Geithner's signature ought to lend some credibility to it. >>

KUCH · June 2, 2010 3:23AM

<< the standard reasoning is redesigning the last note (other than the $1) to reduce counterfeiting.

but why wait until next February to release?

is the "storage" of these in case of a massive run on the banks for cash?

even though Geithner says the "old" ones will still be honored, that could be changed as well?

some of it just seems fishy. >>

Do you think Timothy loves the banksters? Another clueless policy. Who is on the congressional finance committee that we could ask?

KUCH · June 2, 2010 3:29AM

<< US might be setting up logistics to require exchange of all existing $100 bills on 02/2011. May be plans to flush all exisiting bills out of the system at one time. >>

GREECE IS COMING TO A SHORE NEAR YOU.

Time to unload the stack of $100's buried in the garden?

new $100 bill and being stored until 02/2011

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