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Message Subject I Need Your Help GLP!!! For A Massive Financial Story I'm Working On!!!
Poster Handle Saddletramp
Post Content
Not such a BIG STORY...

The new money is waiting in vaults ready to be distributed.

Only thing is...the new money isnt going to be worth as much as the old money.

The old 100.00 will be the new 1.00.

Why print a bunch of money that you wont be able to use eventually?
 Quoting: Anonymous Coward 14627334

That may well be true in a sense. There have been rumors of a return to a gold standard based currency to compete with the possibility of China releasing a gold based currency.

If they do return to a gold standard, then they would have to recall all old outstanding federal reserve notes.

However, all of this said, I don't think China or the U.S. would return to a gold standard until after some sort of collapse...

Also, if you look at the design of the new $100 bill there are some indications of a return to a gold standard...

Check it out: [link to www.newmoney.gov]
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