The|Coinologist.

Always Buying Coins, Currency, and Cool Stuff.

Posts Tagged ‘economics

The One Hundred Trillion Dollar Note

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I know the United States is in its worst financial crisis since the Great Depression, but in no way does it feel like it.  Then we have a country like Zimbabwe, which is suffering from hyperinflation, thus the 100,000,000,000,000. note.  Now in no way are we comparing apples to apples here, but it can make you think a little about our future.  I am no expert in the field of economics, but when one hundred trillion dollars can barely buy a bushel of oranges, I can’t believe this would be good for any citizens confidence.   A new Zimbabwe Dollar has since been introduced removing many zeros from the notes.  These bills remained legal tender until June 30, 2009.  What a great addition to any collection, now readily available on the internet, become a trillion-air today!

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Written by Robert L. Wilson

March 23, 2011 at 8:08 am

B.E.P.|Monthly Production Reports|Eastern & Western Facilities February 2011

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Here we are again, another month and another billion PLUS dollars off the presses.  We have printed a grand total of $13,785,600,000. for the month of February 2011.  The Eastern Facility printed $5,529,600,000 and the Western Facility printed $8,256,000,000.  I have just started tracking this, but we blew the doors off of January.  This brings us to a yearly total of $18,131,840,000 off the presses.  Wow I could buy some serious bullion and rare coins with this kind of money!

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Written by Robert L. Wilson

March 18, 2011 at 8:08 am

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