Friday, October 1, 2010

Fed/Treasury Botch the Printing of Paper Money

This is getting comical. The government that hates gold has just announced that they have screwed up the printing of the new paper $100 bill.

Burying the news on a Friday afternoon, the Federal Reserve Board announced a delay in the issue date of the redesigned $100 note, which was originally scheduled for 2-10-11.

The Bureau of Engraving and Printing, a division of the Treasury, manufactures Federal Reserve notes and has identified a problem with sporadic creasing of the paper during printing of the new $100 note, which was not apparent during extensive pre-production testing, the Fed said.  As a consequence, the Federal Reserve will not have sufficient inventories to begin distributing the new $100 notes as planned.


  1. They forgot they were supposed to wait until after Hillary is President to put her face on the money!

  2. "manufactures Federal Reserve notes"

    At least they got that part right.

  3. P.T. Barnum would look great!
    President OBarnum's real daddy.

  4. If any of these notes get out before the redesign, they will become instant collector items. Numismatists should be happy.

    Of course, I'd love to know how it has been redesigned. If not Hillary, then Dumbya or Obama...

  5. What they'll print next is the Obamba's $1 Billion Dollar Zimbabwe note.

  6. "Sporadic creasing"? Is this a euphemism for 'pallet loads of the bills went missing'? Hmm... 'pallet loads of $100 bills going missing' - where have we heard that one before?
    Oh yes, that was in Iraq.
    Was there a sudden demand in Afghanistan or Pakistan, that took priority over delivery to the Federal Reserve Bank? (Note: the FED - not Federal, not a reserve, and not even a bank.)