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To: Earlie who wrote (174950)6/24/2002 3:40:02 PM
From: Pacing The Cage  Respond to of 436258
 
Monopoly Money.
To Help Tourists ???
---------------------------------

US strikes colourful note with new greenback
By Jenny Wiggins in New York
The Financial Times - London
news.ft.com

The end of the greenback could be nigh. The US government on Thursday
announced plans to introduce other colours on dollar bills to help tourists tell the
different notes apart.

"International visitors complain 'We can't tell your denominations apart,'" said the
Bureau of Engraving and Printing which will release new versions of the $20, $50
and $100 bills next year.

US notes are all the same colour and size, which makes them hard to distinguish
quickly - a boon for swindlers.

The size will not be changed, but the Treasury believes introducing "subtle
background colours" will ease the problem and make counterfeiting more difficult.

It will be the first time since 1862, when the first $1 and $2 notes were issued, that
another colour has been used.

Green was originally selected because large amounts of green ink were available
and because the colour was identified with "the strong and stable credit" of the
government, said the bureau.

It is unlikely the US government will emulate the Australians' bright orange $20
notes or the red and purple of the old Dutch 250 Guilder note. The bureau is "not
ready" to decide on a colour, "but each denomination will be different."

Colour will also help features that will make the notes harder to fake. The Treasury
and Federal Reserve now changes the design of the currency every seven to 10
years to try to deter counterfeiters.

Some $47.5m of counterfeit money entered circulation in the 2001 fiscal year.

The notes will carry portraits and historical images like their predecessors. The $5
and $10 notes may be redesigned in future but $1 notes will for now remain green.



To: Earlie who wrote (174950)6/24/2002 4:36:17 PM
From: maceng2  Read Replies (2) | Respond to of 436258
 
confidence of a Titanic's captain

Well, that is precisely it. Joe and Jane public fuel the economy. Are they being advised how to "stay in business" during a very (almost a certainty imho) probable bigger down turn?? I think not. "Can't advise a spending slowdown" seems to be the fashion on the financial waters these days...full speed ahead. Light up that last boiler...

So instead of making all things ship shape... battening down the hatches until a real glimpse of a recovery, the public are advised to leave all the watertight doors open and take on more deck cargo.

The next actions are well known... the announcement of an "iceberg ahead"...the immediate order for reversal of engines...just enough to stop the linear flow of water over the rudder thus rendering it useless, chaotic manoevering into a big lump of ice... the rivets popping on the No.12 bulkhead ..etc ...Maybe much of this has already happened...

I guess on the CFZ we play the role of the musicians -g- Our chairs are nicely arranged on the promenade deck, we have our music sheets neatly pinned on the rest in front of us.. Ready to play out some old tunes for the passengers who make it on deck...an amusing diversion while more serious business is about. Most of us will go down with the ship too, just we don't admit to realising it yet..At least we will show a little style though... some proficience, some organization, and fully aware of the score.. -g-