Meet your new $100 bill
CNN
By Emily Jan Fox
April 24, 2013
April 24, 2013
http://money.cnn.com/2013/04/24/news/economy/new-100-dollar-bill/
Summary:
The Federal Reserve said Wednesday that a newly designed $100 bill would begin circulating in October, more than two years after the initial target date. The $100 bill, a prime target for counterfeiters, will in its new version feature advanced security features such as a blue 3-D ribbon running through the middle and a disappearing image of the Liberty Bell. Benjamin Franklin's face will still be printed off-center on the front of the bill.
Opinion:
This is the fourth time the $100 bill has been redesigned. The major reason why the Federal Reserve made this new $100 bill is to outwit counterfeiters with increasingly sophisticated designs. It improved counterfeiting technology. Korea as well first introduced 50,000 Won bill in 2009 with highly advanced technology to prevent from counterfeiting. Since $100 bill is a prime target for counterfeiters, it should be designed highly sophisticated and complicated. I hope this new $100 bill would decrease the number of counterfeit money.
I don't think the government will ever be able to get rid of counterfeiters, because as the government's technology advances, so will the technology of the counterfeiters...well...it will work at least for a while, I guess.
ReplyDeleteGRACE
Though government tries its best to get rid of counterfeit, tricksters always figure out way to pass through loop hole. There may be blue and better blue lol.
ReplyDeleteyou did great Kira but you could improve your grammar skills and also i hope to see 100$ bill soon!!
ReplyDeletewow what a cool dollar is that. I really want to have that one. I love your article!
ReplyDeleteThroughout history people have been trying to imitate something and commit crimes. I'm frustrated that every time the government has to change in order to prevent the crimes.
ReplyDeleteWow !! This is interesting!! I want to see that new bill soon
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