VIDEO: The Federal Reserve Board on Wednesday announced that the redesigned $100 note will begin circulating on October 8, 2013.
This note, which incorporates new security features such as a blue, 3-D security ribbon, will be easier for the public to authenticate but more difficult for counterfeiters to replicate.
The new design for the $100 note was unveiled in 2010, but its introduction was postponed following an unexpected production delay. To ensure a smooth transition to the redesigned note when it begins circulating in October, the U.S. Currency Education Program is reaching out to businesses and consumers around the world to raise awareness about the new design and inform them about how to use its security features. TLS.
Thank you government for wasting more of our money!!!!!
To # 1. If you understood how badly counterfeit bills hurt our economy and cause inflation which devalues the currency , you wouldn’t call it a waste. The cost involved in creating new bills is cheaper then the alternative of allowing counterfeiters to flood the market.
if you think that is a waste of money how about the billions wasted in all the handouts to bail out banks ,car companies , green energy that went under Etc ETc
Nobody said the other stuff isn’t a waste of money just this is what came up.
Mr Anon you need to read the zman im not sure which one but within the last few months they had a great article on why Canada spent a fortune on changing their money to plastic currency to stop the rampant copying.
Now why the US doesn’t idk im sure they have their reasons.
What an ugly bill!
When I told my wife about the article on TLS that they are coming out with a new $100 bill, she laughed and said I am not sure how the old ones look…. Oy vey!!
It may improve the economy as people may start spending some of their old cash. When today’s $100 bill was introduced by Clinton the economy was great.
when are they doing this to the $50 bill and $20????
want to save some money do away with the penny which cost more to produce than its actual value!!!!!!!!!!!