[Info-vax] HP stopping VMS paper documentation ?

[AEF]

On Nov 29, 3:36 pm, Paul Sture <p... at sture.ch> wrote:
> On Mon, 28 Nov 2011 12:32:12 +0100, Michael Kraemer wrote:
> > AEF schrieb:
>
> >> _Some_ troubles? How about bankrupting member countries
>
> > Those sitting in a glass house ...
> > US are at least as bankrupt as some EU states. Doesn't China already own
> > half of the US, if not more?
>
> Sorry, can't resist this one :-)
>
> http://www.cnbc.com/id/40521684/
>
> "The Fed Has a $110 Billion Problem with New Benjamins
>
> A significant production problem with new high-tech $100 bills has caused
> government printers to shut down production of the new notes and to
> quarantine more than one billion of the bills in huge vaults in Fort
> Worth, Texas and Washington, DC, CNBC has learned.
>
> ...
>
> Sorting such a huge quantity of bills by hand, the officials estimate,
> could take between 20 and 30 years. Using a mechanized system, they think
> they could sort the massive pile of bills, each of which features the
> familiar image of Benjamin Franklin on the face, in about one year."
>
> --
> Paul Sture

Wow! Or as Spock would say: fascinating.

Note that the article says it costs about 12 cents to produce one
note, bill, whatever you want to call it. Then the article says the
gov't wasted $120 million printing bills it can't use. Well, the
article says not all of them are unusable. Also, if it's okay to spend
2 cents to make 1 cent (as another posted opined), this is indeed a
fabulous bargain, even if most of the bills have to be shredded!

So why don't they just crank up the production of fifty-dollar notes
in the meanwhile?

AEF