Why Larry Summers wants to kill the $100 bill

[pwjohn]

what's the difference between 1 $100 and 5 $20?

come on, you're not a leftist so math should be easy for you.

Are you always this easily fooled? Can't you see the real motive behind Larry Scummers demands?

Read the Zero hedge article. It might clue you in.

Why?

why do we need to keep the $100 bill?

fucks the difference?

We need them because they facilitate cash transactions. Bootlickers like Summers would do away with cash altogether so the government could track every financial transaction we make.

Whats the difference between 5 $20's and 1 $100?

The $20 bills take up more space. We should get rid of the dollar bill and replace it with a coin. Get rid of the penny as well.

Getting rid of the penny is great idea that should be implemented without delay.

Replacing the dollar bill with a coin minted from a valuable metal such as silver, and then allowing the value of the coins content to float based on current market prices might be a good idea. That would certainly take the sting out of inflation...

 

[pwjohn]

Are you always this easily fooled? Can't you see the real motive behind Larry Scummers demands?

Read the Zero hedge article. It might clue you in.

Why?

why do we need to keep the $100 bill?

fucks the difference?

We need them because they facilitate cash transactions. Bootlickers like Summers would do away with cash altogether so the government could track every financial transaction we make.

Whats the difference between 5 $20's and 1 $100?

The $20 bills take up more space. We should get rid of the dollar bill and replace it with a coin. Get rid of the penny as well.

Getting rid of the penny is great idea that should be implemented without delay.

Replacing the dollar bill with a coin minted from a valuable metal such as silver, and then allowing the value of the coins content to float based on current market prices might be a good idea. That would certainly take the sting out of inflation...

Of course that little feature is an assurance that the coin will be just as popular, if not more so than the one dollar bill.

 

[bripat9643]

Are you always this easily fooled? Can't you see the real motive behind Larry Scummers demands?

Read the Zero hedge article. It might clue you in.

Why?

why do we need to keep the $100 bill?

fucks the difference?

We need them because they facilitate cash transactions. Bootlickers like Summers would do away with cash altogether so the government could track every financial transaction we make.

Whats the difference between 5 $20's and 1 $100?

The $20 bills take up more space. We should get rid of the dollar bill and replace it with a coin. Get rid of the penny as well.

Getting rid of the penny is great idea that should be implemented without delay.

Replacing the dollar bill with a coin minted from a valuable metal such as silver, and then allowing the value of the coins content to float based on current market prices might be a good idea. That would certainly take the sting out of inflation...

That will never happen. They quit using monetary metals like silver and gold in our currency precisely so the government could debase it.

 

[FJO]

Yet another POS rears it's ugly head. He wants to ban 100 dollar bills, and maybe the $50 bill too. Because they aid criminals.

And while you're at it dumass, why don't you ban cars too, so criminals won't be able to steal them anymore. And hows about that air! If the criminals can't breath, that'll dam sure put a dent in crime.

Why Larry Summers wants to kill the $100 bill

Get rid of the $100 bill. Heck, maybe get rid of the $50 bill, too.

So says Lawrence Summers, a former economic adviser to President Obama and ex-Treasury secretary.

Issue three dollar bill with Obama's picture on it.

 

[FJO]

I wouldn't miss $50 or $100 a bit. There should however be more $2 bills in circulation.

Nobody likes the 2 dollar bill anymore than they would like the idea of shit canning the 50 & 100 dollar bill.

If they wanna make a change for the good, they should shitcan the penny. There's nothing here on earth you can buy for a penny.

Nickles are still useful because there really are somethings in a store you can buy with them.

The penny is no longer used in cash transactions in Canada.

 

[pwjohn]

Yet another POS rears it's ugly head. He wants to ban 100 dollar bills, and maybe the $50 bill too. Because they aid criminals.

And while you're at it dumass, why don't you ban cars too, so criminals won't be able to steal them anymore. And hows about that air! If the criminals can't breath, that'll dam sure put a dent in crime.

Why Larry Summers wants to kill the $100 bill

Get rid of the $100 bill. Heck, maybe get rid of the $50 bill, too.

So says Lawrence Summers, a former economic adviser to President Obama and ex-Treasury secretary.

Issue three dollar bill with Obama's picture on it.

You're just jealous. How dare that blackman show whitey how to be a good president.

 

[gipper]

Yet another POS rears it's ugly head. He wants to ban 100 dollar bills, and maybe the $50 bill too. Because they aid criminals.

And while you're at it dumass, why don't you ban cars too, so criminals won't be able to steal them anymore. And hows about that air! If the criminals can't breath, that'll dam sure put a dent in crime.

Why Larry Summers wants to kill the $100 bill

Get rid of the $100 bill. Heck, maybe get rid of the $50 bill, too.

So says Lawrence Summers, a former economic adviser to President Obama and ex-Treasury secretary.

Issue three dollar bill with Obama's picture on it.

You're just jealous. How dare that blackman show whitey how to be a good president.

He is not a good president and stop being racist.

 

[HenryBHough]

In Canada they also have a monetary coin called "The Loony".

Here's an opportunity for an American Three Collar coin with The Image of The (once) New Messiah on one side and his butt on the other. Because of what liberals would do in sucking them up we could call them "The Fruitcake".

 

[pwjohn]

Yet another POS rears it's ugly head. He wants to ban 100 dollar bills, and maybe the $50 bill too. Because they aid criminals.

And while you're at it dumass, why don't you ban cars too, so criminals won't be able to steal them anymore. And hows about that air! If the criminals can't breath, that'll dam sure put a dent in crime.

Why Larry Summers wants to kill the $100 bill

Get rid of the $100 bill. Heck, maybe get rid of the $50 bill, too.

So says Lawrence Summers, a former economic adviser to President Obama and ex-Treasury secretary.

Issue three dollar bill with Obama's picture on it.

You're just jealous. How dare that blackman show whitey how to be a good president.

He is not a good president and stop being racist.

Nonsense

 

[Two Thumbs]

about $80 in profit.

sorry, but math is my thing and this is something you should have learned in grade school.

Completely ignoring your claim, the fact remains, Korea will continue printing & selling our money in whatever denominations we use. So nothing will change by eliminating the hundred & fifty dollar bill. Nothing at all.

except they will have to spend more to update for the $20 and they will have to print 5x's as much

so they lose out

but hey, someone you don't like wants to do something so fuck that

Someone I don't like ? That's nonsense! He's just stupid, that's all.

The cost of manufacturing & distribution will not change enough, to stop the Koreans from printing up train loads of our money for sale on the open market. So the problem remains!

In other words, no benefit will come from punishing "we the people" for the bad behavior of third world tinhorn dictators.

it's not punishment

and it's not like it's enshrined or anything like that

Nonsense.

Taking things we use on a daily basis to engage in commerce from "we the people" either by force, or by outright denial, is in fact the worst kind of punishment.

That my friend is punishment for a crime "we the people" did commit.

I haven't seen a $100 in a long time.

now be honest, how many do you see monthly?

and you can still have $100 dollars, its just smaller value bills

 

[Desperado]

Sounds like another excuse to make the US a cashless society.
The government would love that since it would be so much easier to control.

 

[gipper]

Sounds like another excuse to make the US a cashless society.
The government would love that since it would be so much easier to control.

As usual, leftists are all about controlling the people.

 

[pwjohn]

Completely ignoring your claim, the fact remains, Korea will continue printing & selling our money in whatever denominations we use. So nothing will change by eliminating the hundred & fifty dollar bill. Nothing at all.

except they will have to spend more to update for the $20 and they will have to print 5x's as much

so they lose out

but hey, someone you don't like wants to do something so fuck that

Someone I don't like ? That's nonsense! He's just stupid, that's all.

The cost of manufacturing & distribution will not change enough, to stop the Koreans from printing up train loads of our money for sale on the open market. So the problem remains!

In other words, no benefit will come from punishing "we the people" for the bad behavior of third world tinhorn dictators.

it's not punishment

and it's not like it's enshrined or anything like that

Nonsense.

Taking things we use on a daily basis to engage in commerce from "we the people" either by force, or by outright denial, is in fact the worst kind of punishment.

That my friend is punishment for a crime "we the people" did commit.

I haven't seen a $100 in a long time.

now be honest, how many do you see monthly?

and you can still have $100 dollars, its just smaller value bills

I frequently have 100's in my possession. 50's not so much and still carry the usual assortment of plastic as well.

 

[pwjohn]

Sounds like another excuse to make the US a cashless society.
The government would love that since it would be so much easier to control.

As usual, leftists are all about controlling the people.

i think you got that bassackwards..

 

[gipper]

Sounds like another excuse to make the US a cashless society.
The government would love that since it would be so much easier to control.

As usual, leftists are all about controlling the people.

i think you got that bassackwards..

Yeah....the people want to control leftists.

 

[pwjohn]

Sounds like another excuse to make the US a cashless society.
The government would love that since it would be so much easier to control.

As usual, leftists are all about controlling the people.

i think you got that bassackwards..

Yeah....the people want to control leftists.

Your inclination to choose poorly, seems almost natural for you.