on how to do it RIGHT!!!
MONEY TO BURN ! ! ! That's what the gooberment is
going to have to do with the latest flub-up at the U.S. Mint's printing press.
The flawed bills, which cost around $120 million to print, will have to burned.
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.
http://news.yahoo.com/s/yblog_theloo...money-properly
More than 1 billion unusable bills have been printed. Some of the bills creased during
production, creating a blank space on the paper, one official told CNBC. Because
correctly printed bills are mixed in with the flawed ones, even the ones printed
to the correct design specs can't be used until they 're sorted.
It would take an estimated 20 to 30 years to weed out the defective bills by hand,
but a mechanized system is expected to get the job done in about a year.
Combined, the quarantined bills add up to $110 billion -- more than 10 percent of the entire
U.S. cash supply, which now stands at around $930 billion.
