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Dollar Printing Uses 9.7 Tons Of Ink Per Day, And Other Fast Facts About The US Dollar

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posted on Oct, 13 2011 @ 06:28 PM
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For example did you know that the Bureau of Engraving and Printing has two facilities, one in Washington, D.C. and the other in Fort Worth, Texas. Together they use approximately 9.7 tons of ink per day.

The Bureau of Engraving and Printing produces 26 million notes a day, with a face value of approximately $907 million.

Over 90 percent of U.S. currency is Federal Reserve notes.

A stack of currency one-mile high would contain more than 14.5 million notes.

Currency is actually fabric composed of 25 percent linen and 75 percent cotton. Currency paper has tiny red and blue synthetic fibers of various lengths evenly distributed through out the paper.

The $2 bill first originated on June 25, 1776, when the Continental Congress authorized issuance of the $2 denominations in "bills of credit for the defense of America."

The first dollar coin was issued in 1782.

The dollar was officially adopted as our nation’s unit of currency in 1785.

The largest bill ever printed by the Bureau of Engraving and Printing was the $100,000 gold certificate.

The U.S. Secret Service was created during the Civil War to fight counterfeiting.

The motto “In God We Trust” did not appear on paper currency until 1963.

The approximate weight of a bill is one gram. Since there are 454 grams in one pound, there are 454 notes in one pound.

The largest note produced today is the $100 bill.

It costs approximately 6.4 cents per note to produce U.S. currency.

About 45 percent of the notes printed each year are $1, and 95 percent are used as replacement notes.

About 4,000 double folds (forward and backward) are required before a note will tear.

The average life of a Federal Reserve note depends upon its denomination:
$1 bill - 21 months
$5 bill - 16 months
$10 bill - 18 months
$20 bill - 2 years
$50 bill - 4.5 years
$100 bill - 7.5 years



www.zerohedge.com...

I cant belive how much ink is used a day to make fiat paper money.....Mind blowing.

They just need to cut out the printing press and just start adding zeros to digital bank accounts. Its a lot cheaper.

edit on 13-10-2011 by camaro68ss because: (no reason given)




posted on Oct, 13 2011 @ 06:37 PM
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link to source?



posted on Oct, 13 2011 @ 06:38 PM
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Originally posted by WiZKiD111
link to source?


I made it up

please look back at OP
edit on 13-10-2011 by camaro68ss because: (no reason given)



posted on Oct, 13 2011 @ 06:38 PM
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reply to post by camaro68ss
 


it would take just as much ink - to print paper currency backed by gold reserves - think about that

PS :


95 percent are used as replacement notes



posted on Oct, 13 2011 @ 07:03 PM
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Originally posted by WiZKiD111
link to source?


I need links to the source that you exist. Why are you a wiz kid? Source saying you are #111. Try google if you need more.........



posted on Oct, 13 2011 @ 07:18 PM
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Does anyone have a graph showing how much printing devalues our dollar up until currently? I mean Quantative Easing/raising debt ceiling, not replacing old notes.



posted on Oct, 13 2011 @ 10:14 PM
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I wonder ...
How high would it be,
if all that faux money
was piled up into the shape of a pyramid?

Bernie Madoff was nickle & dime.



posted on Oct, 14 2011 @ 12:52 AM
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reply to post by camaro68ss
 


The amount of currency in physical form is a very, very tiny percentage of the actual "currency in circulation" .. the vast majority is indeed "0's on a computer screen", congress rarely changes the amount printed by a large degree.. hence 95% of all bills produced are replacing bills destroyed.



posted on Oct, 14 2011 @ 02:26 AM
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Originally posted by camaro68ss

They just need to cut out the printing press and just start adding zeros to digital bank accounts. Its a lot cheaper.


You know they could just assign you a value in a computer program and if you go against their wishes they could just erase your numbers and make you into a non-person.

The ultimate form of control and terrorism

No one would care or defend you out of fear that the machine would also make them a non-person.




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