Home
HomeAbout The ShowShow ArchivesListen NowListen NowPhotosFan ToolkitFriendsContact

December 7th, 2010
The Government Has Figurativly Burning Through Money for Years

(Viedo Coverage HERE)

The U.S. government has halted production of its new, technologically advanced $100 bills due to an issue with the presses that print U.S. money.

A Yahoo! Blog post states that the flawed bills cost approximately $120 million to print and add up to $10 billion more than 10-percent of our total money supply. And because the flaw cannot be repaired, the bills will now have to be burned.

If we saved the quarantined bills from fiery doom and instead put them to use in paying off our massive $13 trillion debt, the government would have to goof up approximately 1,300 more times before our debt would be paid off.

 


Back

Comments:




Submit a comment

Website & Contents © Walton & Johnson | Terms of Use | Privacy Policy | Contact Us

Powered by BubbleUp, Ltd.

W&J on Twitter.comW&J on Facebook.com