We’re celebrating a Human Rights Champion with a now Unconstitutional Farce. The Biden Administration is ready to unleash the Tubman’s…
(by Half Dollar) The Tubman’s are back.
From Biden’s Press Secretary, today, January 25, 2021:
There is, of course, one problem: Call it a “Federal Reserve Note”, or call it the “US Dollar”, or quite frankly, call it “Whatever The Heck You Want”, but just don’t call it “money”, because it is not.
The current dollar is to money as a robot is to a woman.
The US dollar in its current form is unbacked, debt-based fiat currency dependent on exponential, unsustainable growth, and at the risk of sounding like Captain Obvious, I can’t think of a better way to disgrace “human rights” than by putting Tubman on the stinkin’ Twenty.
I mean, do any remaining rational, thinking people out there not see the sick, twisted irony here?
Here’s a thought, and I’ll ask it as a question: From that same clip above, when Jen Psaki, Biden’s Press Secretary, says Tubman’s image on the “new” $20 bill would reflect the “history and diversity” of our country, and “we’re exploring ways to speed up that effort”, does anybody else not get this continuing, ongoing vibe that with a this new change in “administration”, everything financial-related is currently all about “speed”?
As in, like, money velocity, the crack-up boom, US dollar hyperinflation, and all of that other fun stuff?
And just ignore the pesky little fact that in 2019, Mnuchin said the new $20 bill wouldn’t come out until 2028, but now all of the sudden it’s front page news again.
Uncle Joe handin’ out the Tubman’s.
I know, right?
Strange times indeed…
Half Dollar’s Special Note: Mexico recently, like usual, changed their 100 Peso Note, and guess what happened to the old ones?
That’s right folks!
They’re no longer legal tender, and it especially sucks for me personally, because I’m sure I’ve got a wad of them stashed away somewhere, but my blown-memory can’t exactly remember as to where!
Regardless of my own stupidity in having held fiat currency in the form of physical cash in the past, guess what will happen to, and with, all of those old $20 bills once the new Tubman’s are released?
When my brother-in-law showed me the new 100 Peso Mexican Bank Note, my very first thought was, “good grief, there is an inverse relationship between the fanciness of the bank note, and value”.
But don’t take ‘Ol Half Dollar’s word for it, see all of the fanciness in all of its glory for yourself:
Half Dollar’s Update And Note Of Clarification: I have just confirmed that the older style 100 Peso Notes are still in circulation.
With the older notes, however, happens is when the bills arrive at the banks, the banks separate them and remove them from circulation:
They have already started the process of retiring some of the older bank notes from the last generation of currency.
Regardless, official declarations and decrees regarding any given bank note’s circulation/usability often take place suddenly and unexpectedly, and these significant currency events often coincide with other, larger events, so as to catch the public off guard and not bring as much attention to the chaos revolving around the currency change-up.
For an example of this, research what happened in India on US Election Night in 2016.
(Hyperinflation) still developing…