I think this video is correct "in part". (sidenote: I am not picking a fight here) The correct part relates to the FRBN being issued by the Federal Reserve as specified in the Federal Reserve Act of 1913 and started with the large size bills. (prior to the resizing of currency in 1928) In 1933 the small size FRBN (as shown) were rushed to the reserves due to the public hording cash due to bank failures in the great depression. Most people use Money and Currency interchangeably but there is a difference. Money relates to currency, digital currency, and other financial instruments. Currency is the physical or tangible form of money... There is always more money than currency and when the public rushed to the banks demanding their "money" there was not enough "currency" to hand out. There is a much deeper discussion to be had but this is the gist of it. Great video as always. 👍
Thanks for sharing the $100 bill info! I’m going to have to look closer at my singles from now on!! Great idea to stuff those ones away! Abundant blessings to you my dear friend! ❤️😊🙏
I think this video is correct "in part". (sidenote: I am not picking a fight here) The correct part relates to the FRBN being issued by the Federal Reserve as specified in the Federal Reserve Act of 1913 and started with the large size bills. (prior to the resizing of currency in 1928)
In 1933 the small size FRBN (as shown) were rushed to the reserves due to the public hording cash due to bank failures in the great depression. Most people use Money and Currency interchangeably but there is a difference. Money relates to currency, digital currency, and other financial instruments. Currency is the physical or tangible form of money... There is always more money than currency and when the public rushed to the banks demanding their "money" there was not enough "currency" to hand out.
There is a much deeper discussion to be had but this is the gist of it. Great video as always. 👍
Nice $100 FRBN! ♥
Thanks for sharing the $100 bill info! I’m going to have to look closer at my singles from now on!! Great idea to stuff those ones away! Abundant blessings to you my dear friend! ❤️😊🙏
So cool you posted this, I just bought one at my LCS a couple days ago!! Paid $160 and I’d estimate it’s VF25/VF30. Great information!!
Always a great note and series to collect for a budget price.
Always fun to learn different ways to squirrel money away 🎉
The $100 FRBN is the last I need for that type set. Probably going to get that before the year ends.
Nice repeater.
These National Currency notes were made for the chartered national banks, too.
found this video because my cat walked across my laptop. she's very profit oriented.
Nice Video Stu
10k subs very soon 🎉! you should plan some thing special for the same :)
I would buy that bill?.