Trivia fact: It costs the Federal Reserve Bank 4 cents to produce a paper bill of any monetary denomination, and since our currency currently has no actual backing, that pile is actually only worth the cost of printing: $40,000,000
Bah - December 1, 2009, 9:09 pm,
Trivia Fact: Few modern currencies have "backing"; backing internationally traded currency is always a bad idea, as the trading value of the currency and the backing shift. I.E.: if we backed our currency with gold, a country that disliked us
Bah - December 1, 2009, 9:10 pm,
...with large gold stockpiles and non-backed currency (like china) could flood the market and devalue our currency overnight. Welcome to world economics.
WTFO - December 2, 2009, 12:57 am,
If you want to see something really troubling (assuming you're an American taxpayer) check out this http://www.usdebtclock.org/
Me_ - January 4, 2010, 4:01 pm,
Thanks to Obama, America can now be classified as ****** Rich.