Source:
All The Money The Government Is Printing This Year, In One Graphic
Miki Meek
NPR, October 16, 2012
http://www.npr.org/blogs/money/2012/10/09/162568387/all-the-money-the-government-is-printing-this-year-in-one-graphic

Category: Currency, Digital Media

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15 Responses to “All The Money The Government Is Printing This Year, In One Graphic”

  1. Greg0658 says:

    I think it needs a subliminal 25% gray background of rolls of toliet paper wrapping around the planet earth # of times to equal the dollars printed
    (the cheap stuff – the kind you get from DG – oversized center core and multipak economy)

    ~~
    I checked this King Kong blogger from TBP & like it:
    “- 1M seconds = 12 days
    - 1B seconds = 32 years
    - 1T seconds = 32,000 years”

  2. eroldictat says:

    How close are we to the introduction of a larger denomination bill, say $500 or $1000? That will surely be a bad omen.

  3. dougc says:

    Anyone knows who is the biggest manufacturer of wheelbarrows?

  4. Julia Chestnut says:

    Have you noticed that many stores won’t take or break a 100? There is no way that the government isn’t aware of the implications of this distribution of the demand for bills.

  5. mappo says:

    That graphic makes obvious the need for larger-denomination bills.

  6. phoneranger says:

    >$400m in bribes for Afghan warlords, Iraqi politicians and Chinese bureaucrats?

  7. Tim says:

    Who walks around with a lot of 100′s? And for what? Someone — please tell idiot me.

  8. jeff in indy says:

    wouldn’t it have been simpler to print just one $1T bill?

  9. TS says:

    This graphic is incorrect. It is not millions of notes, but thousands of notes. Click on the link to the NPR article to check this. I suspect that Barry copied an earlier graphic that has now been corrected by NPR.

    Note that 4.4 million * 1 million * $100 would be $440 trillion, which is a little too large.

  10. Frwip says:

    K.

    I see I’m not alone WTF’ing at the quantity of 100s (not even counting the obvious typo). Who the f**k uses $100 bills, save for drug dealers?

  11. wally says:

    I’m surprised there aren’t more $20s and fewer $100s.

  12. theexpertisin says:

    Never argue with those in charge of the ink.

  13. jeffj900 says:

    Several readers commented on the large number of hundred dollar bills. In the nineties I did a lot of international travel in Africa and Asia. I’ll bet the majority of these hundred dollar bills will go into circulation outside the US. The US $100 bill is a kind of gold standard for transactions of all kinds around the world, especially in any countries that have ever had an inflation problem. If you travel in Africa, the Middle East, and much of Asia you do well to carry thick stacks of hundreds rather than travelers checks if you have the courage and a way to secure it. It wasn’t uncommon to be able to exchange at black market prices 50% to a few hundred percent above bank rates. I think Nigeria was one of the most extreme I remember: you could go to a bank and wait in line to get 22 Nairas to the dollar, or you could go to a certain hotel, take a table by the pool, order a drink, and wait for a money changer to come by and give you 85 Nairas to the dollar. Even when the exchange rate isn’t so favorable, the US $100 is trusted and respected because it is stable and harder to counterfeit. It’s unusual to see smaller US denominations abroad. Mostly only the $100 is used.

  14. ToNYC says:

    The Fed can’t print floating oil tanker cargoes whose rights are re-assigned.

  15. RW says:

    What TS said: The graphic can’t be right; those numbers look way too large.

    NB: The US Treasury is the sole producer of US currency, not the Fed or any other entity, and global demand for dollars is so great they could stamp 15 trillion dollar platinum coins tomorrow to wipe out the national debt and the international value of $USD would probably barely quiver. That would be legal but they won’t do it for political reasons and frankly because there is no need: Hysteria over the national debt and inflation “just over the horizon” was always more political theater than anything else; I could add that it is disconcerting how many investors seem to have bought into that theater as a substantive argument for their investing decisions except I’m making too much money taking the other side of their trades so mums the word on that one.