Quote:
Originally Posted by finnbow
BS. Maybe you should watch the MSM a bit more to counteract the propaganda you seem to wallow in.
5.1 How much paper currency does the Treasury Department print every day? Where is it printed?
The Bureau of Engraving and Printing (BEP) headquarters is located in Washington, DC. The BEP is responsible for designing and printing our paper currency. There is also a satellite production facility located in Fort Worth, Texas, which began operations in January 1991. The BEP produced approximately 37 million currency notes each day with a face value of about $696 million, and 45 percent of these notes are the $1 denomination. About 95 percent of the currency notes printed each year are used to replace notes that are already in circulation.
http://papermoneyguide.com/faq.htm#51
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Ok a physical paper currency collector are you?
I guess it's kind of hard to collect DIGITAL FIAT CURRENCY. Perhaps the term "Printing" in the digital age needs to be redefined. Some other word in our vocabulary "Currency Keystroke" maybe
What?
"About 95 percent of the currency notes printed each year are used to replace notes that are already in circulation"
Now that's some Overdosing on kool-aid. What about Quantitative Easing that doesn't count? It should but I guess we're back at the Currency Keystroke.