New USA one hundred dollar bill cost 12.6 cents, but ultimately will have no monetary value

 

COGwriter

While many are concerned whether or not the USA government will default or pay its bills, the USA is introducing it new one hundred dollar bill in a few hours.  The new bill costs about 12.6 cents to make and yet is declared to be worth $100.00.

The new bill was introduced in order to attempt to thwart counterfeiters.  We will see.

Here is information from a .gov website about it:

FAQs about the Redesigned $100 note

How can I determine if the redesigned $100 note is genuine?…
We redesign US currency to make it easier to use, but harder to counterfeit. The new design $100 note includes two new security features: the 3-D Security Ribbon and the Bell in the Inkwell…

When will I start to see the new $100 note in circulation?
The new $100 note will begin circulating on October 8, 2013. Once it is issued, any commercial bank, savings and loan, or credit union that orders $100 notes from the Federal Reserve will have its order filled with the new design. Distance, demand, and the policies of individual financial institutions will be the deciding factors in how quickly redesigned $100 notes reach the public, both in the U.S. and in international markets.

Do I have to trade in my older design notes when a new one begins circulating?
No. It is not necessary to trade in your older design $100 notes when the new ones begin circulating. All U.S. currency remains legal tender, regardless of when it was issued.

Will both older and redesigned $100 notes circulate at the same time?
It’s important that consumers and businesses know that it will not be necessary to trade in their old design $100 notes for new ones. Older designs of Federal Reserve notes remain legal tender, and will not be recalled, demonetized or devalued.

However, beginning on October 8, 2013, Federal Reserve Banks will only be paying new design $100 notes out to financial institutions. As older designs make their way through the banking system, they will eventually get returned to the Federal Reserve, where they will be destroyed.

Whether it has it yet or not, I suspect that the US government also wants to have some type of tracking ability in its money (at least its higher denominated bills).  Cash is much harder to track than electronic transfers and the USA government does not seem to like not being able to track just about everything.

Compared to about one hundred years ago, because of inflation, a new one hundred dollar bill has the purchasing power of about three one dollar bills used to.

As far as counterfeiters go, it is not likely that counterfeiters are adding anything close to US$85 billion per month in the permanent money supply.  Yet, that is what the Federal Reserve is doing.  Additionally, the federal government of the USA is adding about that much per month by spending more than it takes in.

The Bible warns against cheapening the money supply:

And this has been happening for quite some time in the USA and elsewhere.  But it is the USA that has been able to accept the world to accept so much of its cheapened money supply that warnings such as those in Habakkuk 2 will come to pass:

4 Take away the dross from silver (Proverbs 25:4a).

25 I will turn My hand against you, And thoroughly purge away your dross, And take away all your alloy. (Isaiah 1:25)

22 Your silver has become dross, Your wine mixed with water. (Isaiah 1:22)

Dross is a cheaper metal that is normally placed inside a covering of a precious metal like silver. Governments began to do this thousands of years ago when they had financial problems. Putting dross into silver cheapens currency, just like putting water into wine dilutes the wine’s value. In modern times, government spending in excess of revenues and quantitative easing programs (QE1, QE2, and QE3, from the Federal Reserve) are a way to dilute the value of currencies. This is not the biblical solution to US economic problems.  Ultimately, the US dollar, including the new $100 bill, will have no monetary value (it may have some minor value as a fuel source, novelty, or something else).   The fact that the USA continues to inflate the money supply (combined with other events that will happen, a so-called ‘perfect storm’ ) is setting the stage for a time the USA dollar will be worthless.

Although some realize that the USA is a superpower in decline, most do not really understand how bad it will get.

Quantitative easing and debt increases are a form of “dishonest profits” that the U.S.A. is improperly reaping because of its position in the world, but that is not good, and will not last indefinitely:

13 “Behold, therefore, I beat My fists at the dishonest profit which you have made, and at the bloodshed which has been in your midst. 14 Can your heart endure, or can your hands remain strong, in the days when I shall deal with you? I, the Lord, have spoken, and will do it. 15 I will scatter you among the nations, disperse you throughout the countries, and remove your filthiness completely from you. 16 You shall defile yourself in the sight of the nations; then you shall know that I am the Lord. (Ezekiel 22:13-16)

US debt, combined with programs such as the Federal Reserves’ quantitative easing, are sending signals to the rest of the world that the US dollar needs to be replaced as the world’s primary reserve currency.

The new one hundred dollar bill will not change this.

The pride of the USA’s power is being broken. That pride has long been associated with its military and economic strength. Various sins and increasing debt is weakening the USA in many ways.

Without national repentance the USA is doomed. Since the USA seems to be going more into sin nationally, that type of national repentance seems unlikely. Yet, personal repentance is still possible. Do you see the winds of change in the USA and elsewhere?

If so, what do you plan to do about it?

Some items of possibly related interest may include:

Will the Anglo-Nations be Divided and Have People Taken as Slaves? Will the lands of the United States, United Kingdom, Canada, Australia, and New Zealand be divided? What about Jerusalem? What does Bible prophecy teach? Are there non-biblical prophecies that support this idea? Who will divide those lands? Who will end up with the lands and the people? Here is a link to a video titled Will the USA and other Anglo-nations be Divided and Their People Made Slaves?
Anglo – America in Prophecy & the Lost Tribes of Israel Are the Americans, Canadians, British, Scottish, Welsh, Australians, Anglo-Southern Africans, and New Zealanders descendants of Joseph? Where are the lost ten-tribes of Israel? Who are the lost tribes of Israel? What will happen to the Jews in Israel? Will God punish the U.S.A., Canada, United Kingdom, and other Anglo nations? Why might God allow them to be punished first?
Who is the King of the West? Why is there no End-Time King of the West in Bible Prophecy? Is the United States the King of the West?
Does God Have a 6,000 Year Plan? What Year Does the 6,000 Years End? Was a 6000 year time allowed for humans to rule followed by a literal thousand year reign of Christ on Earth taught by the early Christians? Does God have 7,000 year plan? What year may the six thousand years of human rule end? When will Jesus return? 2021 or 20xx? There is also a video titled The 6000 Year Plan: Is the end of humanity’s reign almost up?
Will USA Spying Help the Beast Power? Various allegations have surfaced about the United States government spying on its own citizens as well as its supposed allies in the European Union. Whether or not all the espionage allegations are true, and the main ones have not been publicly denied by the government of the USA, the reality is that this does have prophetic ramifications and will help the Beast of Revelation. This video provides quotes from the Bible showing how this is so. The USA is placing itself in a position to be taken over and its response to the allegations will make it easier for the Europeans to do so.
Why Were You Born? Why did God make you? Herbert W. Armstrong wrote this as a booklet on this important subject. You may also wish to read the article What is Your Destiny? or watch the video, also titled What is Your Destiny?
What is the Meaning of Life? Who does God say is happy? What is your ultimate destiny? Do you really know? Does God actually have a plan for YOU personally? There is also a video titled What is the meaning of your life?
Just What Do You Mean — Repentance? Do you know what repentance is? Have you truly repented? Repented of what? Herbert W. Armstrong wrote this as a booklet on this important subject.
When Will the Great Tribulation Begin? 2013, 2014, or 2015? Can the Great Tribulation begin today? What happens before the Great Tribulation in the “beginning of sorrows”? What happens in the Great Tribulation and the Day of the Lord? Is this the time of the Gentiles? When is the earliest that the Great Tribulation can begin? What is the Day of the Lord? Who are the 144,000? Here is a version of the article in the Spanish language: ¿Puede comenzar la Gran Tribulación en 2013 o 2014? ¿Es el Tiempo de los Gentiles? You can also see the English language video The Great Tribulation Will Not Begin Before 2017.
Who is the King of the West? Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: ¿Quién es el Rey del Occidente? ¿Por qué no hay un Rey del Occidente en la profecía del tiempo del fin?
Who is the King of the North? Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? Here is a link to a video titled: The Future King of the North.
Barack Obama, Prophecy, and the Destruction of the United States-Second Edition for Second Obama Term This is a 160 page book for people truly interested in prophecies related to Barack Obama and the United States, including learning about many that have already been fulfilled (which the book documents in detail) and those that will be fulfilled in the future. It also has a chapter about a Republican choice. This book is available to order at www.barackobamaprophecy.com. The physical book can also be purchased at Amazon from the following link: Barack Obama, Prophecy, and the Destruction of the United States: Is Barack Obama Fulfilling Biblical, Islamic Catholic, Kenyan, and other America-Related Prophecies? What About Republican Leaders? Second Edition for Second Obama Term.
Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition. This electronic version is available for only US$2.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device: Please click HERE to download one of Amazon s Free Reader Apps. After you go to for your free Kindle reader and then go to Barack Obama, Prophecy, and the Destruction of the United States-Second Term-Amazon Kindle edition.



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