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by stratomorph
5670 days ago
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Depends on how you look at it. Yeah, they're "worth" $100 apiece because they can be exchanged for goods and services "worth" $100. (Let the chicken and egg lie.) So it's $110 billion worth of cash that can't circulate. Good or bad thing? That's over my head. On the other hand, they don't cost that much to print, only 12 cents. But there's 1.1 billion of them. So that's $132 million of work that's not doing any good right now. Still a good-sized problem, without considering the time and expense of sorting and replacing bad notes. |
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