Archive for March 9th, 2009

Monday, March 9th, 2009

The Simple Plausible Scenario For Bank Runs

According to the Federal Reserve System there is approximately $600 billion in cash circulating around the world. According to the US Treasury, approximately $750 million dollars of US currency are printed annually primarily to replace aging/damaged/worn currency During fiscal year 2007, the Bureau of Engraving and Printing (BEP) produced approximately 38 million notes a day […]

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