Take Two translates the day’s headlines for Southern California, making sense of the news and cultural events that affect our lives. Produced by Southern California Public Radio and broadcast from October 2012 – June 2021. Hosted by A Martinez.
New $100 bills plagued by another production snafu
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New $100 bills plagued by another production snafu
The first batch of shiny new $100 bills that we've been promised are set to go into circulation in October, more than two years late.
The new bills that show a more dapper Ben Franklin have been plagued by printing problems and production snafus; 30 million $100 bills are currently sitting in boxes waiting to be destroyed.
Now, yet another printing problem might delay the release of the bills even further.
David Wolman wrote about the $100 bill drama for the New Yorker. He's also the author of "The End of Money: Counterfeiters, Preachers, Techies, Dreamers--and the Coming Cashless Society."