U.S. Unveils New $100 Bill — It's All About the Benjamins Blankfeins
News item: "U.S. Government Unveils New Design for the $100 Note."
The U.S. Treasury announced today a redesigned $100 bill, aimed at stopping counterfeiters.
We have our own suggested redesign, replacing Ben Franklin with Goldman Sachs CEO Lloyd Blankfein.
The disadvantage of Treasury's new $100 bill is that the changes aren't immediately noticeable; they reflect "advanced technology" to stop counterfeiters.
More importantly, Treasury's new bill doesn't reflect the current reality of U.S. monetary policy, and ours does.
There are 6.5 billion Benjamins now in circulation. You can still use the old ones in drug deals and other transactions.
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