My husband and I have both worked in publishing for decades. He is a Pre-Press Mgr and certified color specialist. Yes, sometimes things go wrong during a print job that worked fine in testing. BUT... there is a color specialist and Press Mgr (and many other press-men) standing right there correcting as they go. Paper jams or wrinkles, you re-set. Ink gets used up sheet-by-sheet being printed, so they constantly color-test and re-set.

There's NO such thing as printing 1.1 billion notes, and not catching it, immediately. lies.

The Fed's justification for not distributing the bills is bogus to anyone in the printing industry. You don't screw up that badly for that long and no one catch it. It's called "stop loss" and cuts into profit.

But... considering that they Print the $$ they probably aren't worried about "stop loss" Wasting $$. so maybe the idiots really did print and waste that much.

Thanks for the website link, but it was oddly robotic in its delivery. wrong inflections. but good to know what the 'official' BS is.

That the Fed put out these two bits of info stood out to me:

First, they say they will give businesses six months preparation time before releasing the "new notes." If a $10 is still $10 and $100 still $100 then who needs 6 months' warning? Does that hint toward major change to deal with.

Second thing is when Michael Lambert, Deputy Associate Director said, "...While we understand that there's not likely to be a silver bullet in this particular case..."

Think he's just speaking off the cuff, or from something that was pre-written for a public statement?