Today I conducted an experiment where I asked people to check their USD physical cash to see if we could find a paper bill that had been printed in 2018 or later. I had been checking my cash for a month and had yet to find one, I was starting to wonder if they had stopped making new bills!
I offered an increasing amount of sats to incentivize people to check their wallets until I maxed out at 50k. Nothing drums up interest like offering cold hard sats.
I was flooded with tens of responses saying they checked and couldn't find anything printed after 2017 until finally nostr:npub1wl89d7yazg500lehg08p45dj2jzhhyqg2erj067458e3wd30djns4zn8lu found a 2021 $1 bill.
Followed very shortly by nostr:npub13ldzrxwy8x066ll5zf45qtcltms40ld7fsy4rejdlcc64my80lcslchmy5 with a '21 $5.
The time has come for me to reveal why I just spent thousands of sats on this grand experiment...
đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„đ„
I don't fucking know! This was way too unscientific and anecdotal to draw any conclusions from.
Could they be trying to cut down on circulating bills to prepare to issue a CBDC? According to the BEP they are printing just as much as they always have:
https://www.bep.gov/currency/production-figures/annual-production-reports
Where is all this freshly printed cash then?
Maybe the Cantillon Effect should be taken very literally and all the newly printed bills get distributed to billionaires and politicians first. Is all the freshest cash in Washington DC and just hasn't tricked down to us plebs yet? Who knows!
I thought this experiment might give me some brilliant insight, but it turns out it was just for fun. Best 50k sats I've spent.
#Bitcoin #plebchain #economics #grownostr #USpolitics #CBDC
Thanks for participating:
nostr:npub12rc7gcvm4jqk5m8u4asn5t2m2qw5vdw7e640ug0dj97xdcj0dtlst0yztj
nostr:npub1yrffsyxk5hujkpz6mcpwhwkujqmdwswvdp4sqs2ug26zxmly45hsfpn8p0
nostr:npub1cq47m26ft2xh8c33jtapvxstsdzgy86gg35prv0gzravvk6cfaysa9sukg
nostr:npub1xlcljm2j47v5czwqtmr0z0ww2tlvtcqzwf9yrrphzcxck3xfwanscdw63k
nostr:npub18myhrpdny5d58elt4skhyqfrm2shawekgzu8jetug8jypkhlhzts4hqm0g
nostr:npub1cgcwm56v5hyrrzl5ty4vq4kdud63n5u4czgycdl2r3jshzk55ufqe52ndy
nostr:npub1c9506r9ldnevnam9v24yzkvt40wmrpch7xjlq59rzphmmfq3qhyqqx9l6h
nostr:npub1f0k463tyad595stnjgg40lpm5gy0gr3nqaw2lmj2k0afluyfyv7sga4n9h
nostr:npub19yrexdwzvm5fjkum3vrpxqtl32qck2jjvq8drxldy69c9axsyhwqjae69u
nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424
nostr:npub16secklpnqey3el04fy2drfftsz5k26zlwdsnz84wtul2luwj8fdsugjdxk
nostr:npub13ldzrxwy8x066ll5zf45qtcltms40ld7fsy4rejdlcc64my80lcslchmy5
nostr:npub1wl89d7yazg500lehg08p45dj2jzhhyqg2erj067458e3wd30djns4zn8lu
nostr:npub1jt3643ngake9xx0d68v8et00pvvf24la6ya3y0vz5xwk0lfpryys5vrezs
nostr:npub1yx6pjypd4r7qh2gysjhvjd9l2km6hnm4amdnjyjw3467fy05rf0qfp7kza
nostr:npub19833csgrhp06kjv3xta8rpct64zxm68hu2kqgrkqxu42vxhz97vqa5tkn7
nostr:npub1uq6dv4yq94704gk5r22jsqg9gy2wpxkk5dft9q5gugc8tj53nq2qg5q22d
nostr:npub1e5znrfqs528du7tks86xld0lu064wgsyehlt6v44y74sycfq6hcqqfgsf8
nostr:npub1r62uqpe3pmnaxdrmyr98zs24xt9g363pe93h3rpp24s2c7srkc5spq8emd
nostr:npub14eng8plhflea40cu3lafnw6nwkxsp5te2v7hzy74lz6a9mjhpaks0wm4rw
nostr:npub1pvuugp6fyj6t6yeq9ajzv28p54w07sg6jpxvzuu5yc7qmu9edpkqm2d7a5
Yet, it's intriguing...
I got fresh bills from the money exchange earlier this year and they are all from 2017... I don't know how an money exchange operates, I believe they get the money closer from the source then we do!
It's been almost six years!!!
I wonder why it was so difficult to find...
So it looks like everything printed from 2017 to 2020 is going to have a 2017 on it. That means we've only had 2.5 years where new money has a date later than 2017. It's not as crazy if you know that, but I still wouldn't expect the new bills to be so hard to find as this experiment found.
