Where is the guffment-printed Y2K money???

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Something I musta missed earlier on. The Canadian government, and others I am sure as well, printed paper-money to help the banks with a possible onslaught of cash-hungry citizen come 2000. That money wasn't used, because everything went normal; besides, most people are in debt anyway and couldn't have gotten more cash out of the ATM's. So what happened to that cash? Where is it, who kept it? And if it's so easy to just print zillions of dollars, why tax the sheeple? Why not print as needed? Perhaps I'm naiv, but I'd like to know...

-- mahkel (why@me.com), May 15, 2000

Answers

I stuck it in my back pocket.

-- ($@$%$%.$%), May 15, 2000.

$$ MONEY $$

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Devvy Kidd September 28, 1998

-- ... (...@...com), May 15, 2000.


The money went back to the Bureau of Printing and Engraving. It was stockpiled there and is being sent out to banks as needed. I have a friend of mine who works for the Bureau who is complaining that his hours have been cut through July becuase of a decreased printing schedule due to the hangover of the extra supply.

-- Jim Cooke (JJCooke@yahoo.com), May 15, 2000.

They printed the new 20's in such a rush that many of them were cut very poorly, off by as much as 1/8", leaving almost no border on one edge. They said they were going to destroy the old 20's in bad condition, but I don't see that happening.

As long as people are investing in corporate stocks and consuming beyond their means, they will make money available. The government will print as much money as necessary as long as the debt machine is running full steam ahead. If the stock market crashes and people want to hold their money, then all of a sudden the banks will close and there won't be enough money to go around.

-- Hawk (flyin@high.again), May 16, 2000.


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