A couple of comments on recent DollarCollapse posts have included a strange
assertion, that the paper money in circulation in the US is all dated 2009
or before. Apparently there are no new bills:
Suzanne, September 4
I'd like to point out something:
Look at your cash... you won't see any paper dollars of any denomination
printed after 2009. The money the Fed is printing is strictly numbers in
data entry.
If everyone goes to get their money out of the bank or stock market, there
isn't enough cash to go around. Get cash into your hands, use some to buy
precious metal, and keep cycling that cash, and keep a chunk of it in the
house for use in case of a "bank holiday".
Bruce C., October 1
Rather than comment on this subject, I'd like to ask other readers for feedback
about something that seems very mysterious.
About a month ago, someone called "Suzanne" wrote a comment here that read, "I'd
like to point out something: Look at your cash... you won't see any paper
dollars of any denomination printed after 2009." (http://dollarcollapse.com/the-economy/confluence/)
I thought that was very interesting and have since checked hundreds of bills
of all denominations (up to $100) and haven't found any of Series 2010, 2011,
2012, or 2013. She may be right about that, and that the Fed is "printing"/creating
money in digital form only, in the account balances at the primary dealer
banks (mostly as "reserves").
It's not clear to me yet why this might be happening, but if it's true then
the net effect is the gradual reduction of physical US currency in the world.
(The "money supply" may be increasing but in digital form only, not as cash
in circulation.) The reason for this is that a portion of all cash transactions
eventually make their way into the banking system in which worn out bills
are supposed to be replaced with new ones, presumably ones that show the
year the bills were printed (e.g., Series 2012). But, evidently, that may
not be what's happening, so fewer and fewer bills remain in circulation over
time. I haven't even found a new looking Series 2009, in case all new bills
printed after 2009 continue to have that mark, for whatever reason. I've
heard that banks want to create a cashless monetary system, and this could
be the way they are trying to do it. Another possibility is that a new devalued
currency is being planned that will replace US dollars, rendering them obsolete.
Nevertheless, it probably is a good idea to stash some real cash while it's
still readily available in case the SHTF.
Has any one out there found any bills of Series 2010 or later?
Today I checked the cash that's lying around the house (about $300, mostly
in twenties), and found nothing newer than 2009.
Thoughts?
