| ▲ | robocat 10 hours ago | |||||||||||||
> rats chewing up the money Profit for the US government. Fixed by plastic bills. Every $ printed but never redeemed is a significant profit (assuming other costs are low like printing). Especially yummy when countries just want to hoard the currency - same as selling stamps that are never used:
https://www.federalreserve.gov/pubs/ifdp/1993/460/ifdp460.pd... | ||||||||||||||
| ▲ | vel0city 8 hours ago | parent [-] | |||||||||||||
> Every $ printed but never redeemed is a significant profit Redeemed? Redeemed for what? Its not like they're still trading dollars for gold at any kind of fixed rate. | ||||||||||||||
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