Over one billion of the $ 100 bills were printed wrong by U.S.

In total, over 110 billion dollars have been seized in America because of the errors. It seems that some notes were crimped during production and no longer meet the elements of safety, officials say that 100 American dollars were printed wrong by U.S.

How many employees would lose 20 years if we were to sort the notes in hand, the entire series has been blocked. A camera will automatically determine which banknotes were printed wrong. They will then be destroyed because they do not comply with safety elements.

Unfortunately for the American authorities, the printing procedure has been extremely costly, or 120 million dollars.

Notes taken already in represent over 10% of the U.S. money supply, estimated at 930 billion dollars. The U.S. government asked the old model of printing $ 100 bills just to avoid a deficit of monetary  mass.

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Posted by M Cosmin on Dec 7 2010. Filed under Featured News, Finance, US, World. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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