I was looking over CNN’s website and I see this little doozy - New U.S. $20 bill won’t be green. It looks like the government wants to redo the $20 bill, followed by the $50 in 2004, and the $100 in 2005.
Gee, good fucking way to spend money. They redesigned the $20 only 5 years ago - “The last redesign of American currency was in 1996, when a new $100 bill was introduced with new features to thwart counterfeiters. A new $50 came in 1997, followed by the $20 in 1998”.
Back in the mid 90’s, the new designs were supposed to be counterfit-proof but NOOOO - didn’t work “The Secret Service says the percentage of counterfeit bills produced digitally has grown from 1 percent of bogus bills in 1995 – before the last redesign – to a whopping 40 percent in 2002.” And then the experts say “Unless there’s some sort of penetrating ink, the new bills won’t fix that problem.”
Instead of doing something good, like replacing the $1 bill with $1 coin (i.e. removing the $1 bill from circulation instead of replacing them) - and saving about $200 million a year, they do this.
The Treasury department is full of fucktards. And don’t even get me started on the colors.
Dude, it’s about time the US caught up with the rest of the civilized world and made some multi-colored money. Not only is it more difficult to counterfeit, but it’s much easier on the visually impaired.
So keeping up with counterfeiting isn’t something the Treasury Department should be doing? Wouldn’t that waste more money than making another currency change?
What I never understood about the currency redesigns was that there were no plans to pull the old bills out of circulation ever. The genuine bills would eventually wear out and be pulled by banks or whoever, but counterfeiters could continue to make old style bills and "age"them for years or decades after the last real bill was destroyed. Pointless to change the design unless you sunset the old ones.
As I see it, they had a problem they tried to fix in the 90’s. Didn’t work. They are trying to fix it now but the experts say it won’t work. That, in my opinion, is a waste of money.
I’m a big fan of bills myself, and like to have as little change rattling around in my pockets. Whenever I go to Canada… all those $1 and $2 coins in my pocket… :twitch:. I’m with friedo on this one.
Yeah, genuine british person here and I can attest that £1 and £2 coins piss me off (particularly £2 - they’re like fricking discuses). I’m not rich enough to have bigger denominations than a fiver on me often, and if I were, I’d just use the 1s and 2s to line my hamster’s cage. More power to colourful notes, that’s what I say. As long as they’re not too big.
Australian two dollar coins are notoriously tiny and easy-to-lose when dropped under your car seat. So don’t come crying to us about large coinage. You don’t know how lucky you are.
It’s a secret Canadian plot to take over America. Once they introduce more and more coins instead of paper money, the americans will be so weighed down by them that they won’t be able to move. Then, when the Americans aren’t able to move due to too many coins in their pockets, we will strike up against them with our fishing boats coming from the east.
Another vote for saying that a dollar coin is an abomination in the eyes of, well, me. The most common bills I carry around are ones, and if we switched to coins, I would need to carry a friggin purse. The people of the US don’t want it, and this being a democracy (well, techniquely a republic with democratically elected representatives, but lets not quibble) the people should get what they want. As for the new $20’s, I would love it if we switch to plastic bills that would last longer.
If you have $1 “Sackies”, send 'em to me. It’s much easier to empty out my piggy bank for the casinos with them things than to have to fish out the bills with a coat hanger.
Yep. They give 'em out at the annual stockholders meeting at the company where my dad works. The bills don’t look like they’ve been circulated though.
I’ve heard stories about people attempting to spend $2 bills and having the money rejected because the cashier didn’t recognize it or thought it was counterfeit or play money.
