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New Design Coming for Paper Currency

Discussion in 'Channel Zero' started by ETHREADZNY, Dec 1, 2002.

  1. ETHREADZNY

    ETHREADZNY Elite Member

    Joined: Feb 11, 2002 Messages: 3,129 Likes Received: 4
    Color is coming, and government money makers are hoping for a warmer reception for the changes. The new $20, with its public unveiling set for the spring, is supposed to be in circulation as early as next fall.



    To give the new bills color, the bureau has had to buy five printing presses, to operate in Washington and at a bureau facility in Fort Worth, Texas. To run the new presses, Ferguson said, some existing workers are getting trained, and a few new people have been hired. The Fort Worth plant is being expanded, providing room for the new presses and space for public tours, he said.

    Adding color to the notes is a challenge.

    ``It is new, and anything that is new provides another opportunity to do well - or not,'' Ferguson said. ``There can be color variations that we wouldn't get with a single color ink, like when we use black or green. So there are additional inspection requirements.''

    Green and black ink is now used on neutral-colored paper. With the makeover, color tints will be added in the neutral areas of the note. Ferguson would not say which colors will be used, but said they will vary by denomination.

    Money makers want the new notes to have an American look and feel, and not be confused with, for instance, the colorful euro, the paper currency of the European Union.

    ``When we look at something as fundamentally revolutionary as adding color, going from a currency system that has been monochromatic certainly for all of our lives, our parents' lives, ... we want to do it in a responsible way that recognizes that tradition,'' Ferguson said. ``So that when people around the world see that first new U.S. $20, they will know it as a U.S. $20.''

    Recent changes in paper money design have been driven by the desire to thwart high-tech counterfeiters. Over the years, counterfeiters have graduated from offset printing to increasingly sophisticated color copiers, computer scanners, color ink jet printers and publishing-grade software, all readily available.

    Some anti-counterfeiting features included in the last redesign will be retained, the bureau said. They include watermarks that are visible when held up to a light; embedded security threads that glow a color when exposed to an ultraviolet light; and minute images, visible with a magnifying glass, known as microprinting.

    DO YOU THINK IT IS WORTH IT, HOW MUCH MONEY IS THE GOVERNMENT GOING TO SPEND TO COLORIZE MONEY.. IS IT JUST ME OR SHOULD THAT MONEY BE SPENT ON OTHER THINGS?
     
  2. ~KRYLON2~

    ~KRYLON2~ 12oz Loyalist

    Joined: Oct 13, 2001 Messages: 10,443 Likes Received: 192
  3. T.T Boy

    T.T Boy Dirty Dozen Crew

    Joined: May 18, 2001 Messages: 21,803 Likes Received: 41
    it should be spent on ufos.
     
  4. ETHREADZNY

    ETHREADZNY Elite Member

    Joined: Feb 11, 2002 Messages: 3,129 Likes Received: 4
    ^ The raver pants?
     
  5. Tyler Durden

    Tyler Durden Veteran Member

    Joined: Nov 18, 2001 Messages: 5,263 Likes Received: 40
    didnt they just introduce the new designs to the money a few years ago? it would seem that the government SHOULD have better things to do. i like the green color of it anyhow.
     
  6. ETHREADZNY

    ETHREADZNY Elite Member

    Joined: Feb 11, 2002 Messages: 3,129 Likes Received: 4
    personally i feel instead of changing the color, they should make the good ol greenbacks, with other peoples portraits instead of presidents, how about another american icon, like george carlin?
     
  7. ledzep

    ledzep Junior Member

    Joined: Feb 21, 2002 Messages: 146 Likes Received: 1
    man, the US is like the most powerful country in the world and still dosent have colored money? man,
     
  8. Dirty_habiT

    Dirty_habiT Administrator

    Joined: Mar 8, 2001 Messages: 18,107 Likes Received: 73
    I don't believe that shit for a second.

    7rst
     
  9. T.T Boy

    T.T Boy Dirty Dozen Crew

    Joined: May 18, 2001 Messages: 21,803 Likes Received: 41
    yes we have reached a verdict. the money must be spent of ufo styled raver pants.

    http://www.chathamhillgames.com/images/alien-face-off.jpg'>

    [img]http://poland.bobafettfanclub.com/features/ontheroad/0701/big-pants.jpg'>


    wow this sure went off topic fast.
     
  10. FourOneTwo

    FourOneTwo Member

    Joined: May 10, 2002 Messages: 924 Likes Received: 0
  11. Dirty_habiT

    Dirty_habiT Administrator

    Joined: Mar 8, 2001 Messages: 18,107 Likes Received: 73
    right.... ummmm..... belt?
     
  12. ETHREADZNY

    ETHREADZNY Elite Member

    Joined: Feb 11, 2002 Messages: 3,129 Likes Received: 4
    http://poland.bobafettfanclub.com/features/ontheroad/0701/big-pants.jpg'>


    This is a indication of a major problem when the u.s. decides to spend it's money on large pants, which in turn will be used as the new currency..
     
  13. swif1

    swif1 Veteran Member

    Joined: Dec 13, 2001 Messages: 7,067 Likes Received: 29
    lets make our currency look like euro.
     
  14. socrates

    socrates Guest

    And then we make it like euro currency....worth nothing
     
  15. podrido

    podrido Veteran Member

    Joined: Apr 14, 2001 Messages: 9,182 Likes Received: 28
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