The U.S. Government Can’t Print Money Properly

Money MisprintSounds weird given the Fed’s policies over the last decades, but read on. (Only in America.) Zachary Roth writes on Yahoo News:

As a metaphor for our troubled economic and financial era — and the government’s stumbling response — this one’s hard to beat. You can’t stimulate the economy via the money supply, after all, if you can’t print the money correctly.

Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than 1 billion of them — more than 10 percent of all existing U.S. cash — in a vault in Fort Worth, Texas, reports CNBC.

“There is something drastically wrong here,” one source told CNBC. “The frustration level is off the charts.”

Read More on Yahoo News

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  • Belcat

    Well, I guess they chose good anti-forgery details, because they themselves are having trouble printing them!…

  • Belcat

    Well, I guess they chose good anti-forgery details, because they themselves are having trouble printing them!…

  • Liam_McGonagle

    Awesome. So much for the ‘information age’.

    Our descendants are gonna look at this period, stretching back at least since 1980, as the “Age of Incompetence”. Boomers and X’ers have to be the most pitifully worthless stains that ever darkened Humanity’s doorstep.

    First we elect a man who calls his wife “Mommy” to guard the key to the planet’s nuclear anihilation. Somehow we top that 20 years later when we elect a bufoon so stupid that he nearly offs himself by choking on a pretzel. In last month’s midterms we elect a bunch of douchebags who proudly ran on their close association with the Wall Street lottery players that plunged us into the greatest economic crisis in 3 generations.

    And now we don’t even have the technical wherewithall to operate 15th century technology.

    Craptacular.

  • Liam_McGonagle

    Awesome. So much for the ‘information age’.

    Our descendants are gonna look at this period, stretching back at least since 1980, as the “Age of Incompetence”. Boomers and X’ers have to be the most pitifully worthless stains that ever darkened Humanity’s doorstep.

    First we elect a man who calls his wife “Mommy” to guard the key to the planet’s nuclear anihilation. Somehow we top that 20 years later when we elect a bufoon so stupid that he nearly offs himself by choking on a pretzel. In last month’s midterms we elect a bunch of douchebags who proudly ran on their close association with the Wall Street lottery players that plunged us into the greatest economic crisis in 3 generations.

    And now we don’t even have the technical wherewithall to operate 15th century technology.

    Craptacular.

  • http://pulse.yahoo.com/_4K3KM67XITZTXUE45K42KS4OEE brian

    I once had a dollar that had part of another dollar printed on it off center. I wish I kept it….I wonder if it was worth any more for being a miss-print….then again I suppose it might have been counterfeit, but if so, its odd they would be printing dollar bills, and not fifties. Did I have a point for writing this?…..No I guess I’m just rambling.

  • http://pulse.yahoo.com/_4K3KM67XITZTXUE45K42KS4OEE brian

    I once had a dollar that had part of another dollar printed on it off center. I wish I kept it….I wonder if it was worth any more for being a miss-print….then again I suppose it might have been counterfeit, but if so, its odd they would be printing dollar bills, and not fifties. Did I have a point for writing this?…..No I guess I’m just rambling.

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