Its the series date. I have yet to find a large $50 or $100 bill with a series date past 2017.
Federal Reserve is an exclusive club
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Its the series date. I have yet to find a large $50 or $100 bill with a series date past 2017.
That's concerning.
Especially since those larger-denomination bills have a short life. Once a cashier marks one with that validating crayon...when that bill hits the bank (usually that night's deposit) it's sent for destruction.
I have not seen an older-series hundred in a long time. And as we know, $100s are the new $5s...and as we all preach, I trust in cash. Plastic is for children's toys.
So I see many, don't see many older ones. When I make my once-monthly cash withdrawl from il banco, I take it in Benjamins. Generally crisp bills. Occasionally there's a limp, wrinkled one in the batch.
So...no moar new ones? Just like Can-a-duh.
just noticed — whats that little 'A' below the series date indicate?
Change in the Cabinet of relative personnel - the Treasurer (signature on bill) or Secretary of the Treasury (likewise)
The series date is the Administration. Shakeups that involve the Treasury (I don't know why, since the FRB is not federal and not under the Treasury) denote a modifier (A, B, etc).
Interesting, Trump comes out today and says he is going to sign the New Bills. That speaks directly to a New Monetary System
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Trump doesn't seem like the type that wants to sign TP.... Not great for the Ego.
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How Trump’s Attack on Jerome Powell has Royally Backfired
President Donald Trump’s attempts to intimidate the Federal Reserve into doing whatever...
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He doesn't understand money, either.
Powell is doing, or has been doing, what is necessary to save the dollar and the balance, savers, borrowers, investors. Zero-interest is not only artificial, but leads to massive malinvestment and prevents rational savings, driving would-be savers into speculative vehicles - such as stonx.