Tag: currency

Comedy

New $100 Issued Today, Lacks Anti Theft/Counterfeiting Measures

Written by SurrealPolitiks

Today, the Federal Reserve is shipping brand new $100 bill to banks everywhere, reports Reuters. The new bills have two new security features; a blue 3D security ribbon with images of bells and 100s, and a color-changing bell in an inkwell. Neither of the new security features will do anything to prevent the Federal Reserve from…...

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Economics

Against All Expectations, Fed Continues Easing as Dollar Hits 7 Month Low

Written by SurrealPolitiks

In a 9-1 vote, the Federal Open Market Committee voted to continue the $85 Billion/month bond buying program some have called “QE4Ever”. The move came as a surprise to more than 2/3 of economists recently polled by the Wall Street Journal who expected Fed Chairman Ben Bernanke’s news conference today, to include an announcement of tapering…...

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