Monday, December 06, 2010

The country is in the very best of hands

First, the corruption:
Then the incompetence:
The Fed Has a $110 Billion Problem with New Benjamins
A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills in huge vaults in Fort Worth, Texas
The good news is that that $100 billion is fiat currency in any case. The biggest cost of producing it was labor, and that stimulated the economy in the same way broken windows do.

And hey, it looks like EU script. Maybe we can recycle it to bail out Ireland.

1 comment:

Jason Gillman said...

Does it seem like the incompetence might be feigned perhaps?

For plausible deniability?

hmmm...