JuLS-1281
TREASURY ANNOUNCES RELEASE DATE FOR NEW NOTES
Beginning in 2011, the Department of the Treasury and the Federal Reserve will implement an aggressive public education campaign to encourage the public to accept the newly issued U.S. currency.
Noting that changes in global economic conditions have altered the exchange rate between the United States and other nations, the new currency is tied to the current inflation index in an effort to stem inflation, and allow normal commerce to continue in the face of America’s mounting national debt.
The new currency will be issued through banks nationwide, with the exchange rate between pre 2011 dollars and New Federal reserve notes established by the Federal Reserve and Treasury
Information is available to the public in various formats, including posters and brochures and videos, plus an interactive CD-ROM and web site featuring "Special Agent Banks," who leads users through the lessons. For younger audiences, an educational web site will be launched momentarily in conjunction with the issuance of the notes.
Satire yes; however, could be so true way too soon. There are countries that have had to revalue their banknotes because the value of the banknotes was so low that it would take a thousand banknotes to buy a loaf of bread. I can easily see the US just doing away with the $1.00 note since you can't buy anything for a dollar any more (or almost can't).
ReplyDeleteThank goodness. Someone stole my wheelbarrow and I'll need to go get groceries soon. Hauling all those old bills would have sucked.
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