Thursday, September 20, 2007

New $5 USD Bill released today

To stifle counterfeiters who would bleach $5s and make them into $100s, the Federal Mint today released its new grey/purple "honest Abe" fiver.

Since M2 (the # of $ in circulation and in all checking and savings accounts) has effectively tripled in the past 20 years, it is nice to know that when these dollars are pulled out in the form of M1 (the # of $ in physical paper money form) that they will look nice and have the latest security features.

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