bep.treas.gov— Check out these pictures of the fronts and backs of different versions of U.S. bills ranging from $500 to $10,000.
May 5, 2006View in Crawl 4
Yes, which is why, when people finally realize that US currency is actually just a pretty picture on some paper and panic, the country will go straight to hell.
When those bills were in production, the person holding them didn't have to prove anything at all. As long as he reported his income and payed his taxes, the cash in his hand was no ones business. It still isn't.All the stuff about showing proof is very new (a policy less than 20 years old). I have a friend who manages a car lot, and he has to call the IRS several times a week when people bring in large amounts of cash. He would really prefer to spit in the governments eye, and so would I.
Dollars are no longer backed by gold (or silver, or anything else with intrinsic value,) because if we come upon a huge store of it tomorrow, inflation ensues. Spain experienced massive inflation when they brought back home all the gold they sacked out of the Americas.
McBesg:1st off, Hamilton's not on the 10,000, it's Salmon P. Chase. I wasn't complaining about Hamilton, and furthermore, thanks for the history about Hamilton that I already know, since I've been to his house that's still up in Harlem. Did U know that he died in a duel???
wired4uMay 5, 2006
Apple p seems to work ok, I was able to print the page, what did it say?
prothallMay 5, 2006
Yes, which is why, when people finally realize that US currency is actually just a pretty picture on some paper and panic, the country will go straight to hell.
cawpinMay 5, 2006
Good job with the reading there bud. That was already mentioned several times above.
peter303May 5, 2006
Urban Legend about a million dollar bill:There was this story about a customer at Walmart(?) trying to buystuff using a million dollar bill (you've seen those gag ones withthe current US president). Equally amazing the store clerk calleda manager to say the register was broken in not accepting the bill.I couldnt find out whther this legend had a factual basis.<a class="user" href="http://www.muhammadanism.org/Gospel/Stories/counterfeit_money_1.htm">http://www.muhammadanism.org/Gospel/Stories/counterfeit_money_1.htm</a>
mhearneMay 6, 2006
When those bills were in production, the person holding them didn't have to prove anything at all. As long as he reported his income and payed his taxes, the cash in his hand was no ones business. It still isn't.All the stuff about showing proof is very new (a policy less than 20 years old). I have a friend who manages a car lot, and he has to call the IRS several times a week when people bring in large amounts of cash. He would really prefer to spit in the governments eye, and so would I.
ggkoMay 6, 2006
Dollars are no longer backed by gold (or silver, or anything else with intrinsic value,) because if we come upon a huge store of it tomorrow, inflation ensues. Spain experienced massive inflation when they brought back home all the gold they sacked out of the Americas.
emil1212May 6, 2006
McBesg:1st off, Hamilton's not on the 10,000, it's Salmon P. Chase. I wasn't complaining about Hamilton, and furthermore, thanks for the history about Hamilton that I already know, since I've been to his house that's still up in Harlem. Did U know that he died in a duel???