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Issuer of United States Currency

 
 
gollum
 
Reply Sun 21 Nov, 2010 01:38 pm
Until a few years ago each unit of United States currency (e.g., $1 bill, $5 bill) contained a seal with the name of its issuer. In all cases the issuer was one of the 12 Federal Reserve Banks.

The name of the issuing federal reserve bank has now been replaced with, "United States Federal Reserve System."

Why the change?
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Type: Question • Score: 1 • Views: 752 • Replies: 3
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LionTamerX
 
  1  
Reply Sun 21 Nov, 2010 02:03 pm
@gollum,
They outsourced the printing a few years back. Most U.S. Currency is now printed in Asia.
roger
 
  1  
Reply Sun 21 Nov, 2010 02:07 pm
@LionTamerX,
The paper, of course, is still put out by a little mill up in New England somewheres.
LionTamerX
 
  1  
Reply Sun 21 Nov, 2010 02:10 pm
@roger,
For the record, I have no idea how or where the money is actually printed. I read a rumor on the internet a few years ago, and decided to fan the flames a little.
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