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So whats the name of the company that prints money for the US? Thats the stock I want to own

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:52 PM
Original message
So whats the name of the company that prints money for the US? Thats the stock I want to own
Edited on Sat Oct-11-08 07:00 PM by NNN0LHI
They will have to be going 24/7 to finish the job of printing all that new money.

Who has this contract? Anyone know?

Don
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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:54 PM
Response to Original message
1. The FED. A Privately owned and operated organization.
Edited on Sat Oct-11-08 06:55 PM by votesomemore
No stock for you.
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:56 PM
Response to Reply #1
4. Are you sure?
I bet they contract the actual work out to some company.

Don
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Why Syzygy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 07:45 PM
Response to Reply #4
14. TPTB create it, "insure" it, regulate it, and own it.
You've got a voucher.
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TheCowsCameHome Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:55 PM
Response to Original message
2. Crane and Co.
Dalton, Mass. provides the paper.
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:55 PM
Response to Original message
3. Whoever it is is getting training with that new pennies and those state quarters.
I fully expect Jesus money very soon.


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sarcasmo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:57 PM
Response to Reply #3
6. Is that similar to Jesus Juice?
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Cresent City Kid Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:56 PM
Response to Original message
5. Sorry, don't know for sure, I think it's the government itself
I'm a printer by trade, perhaps there's work for me in this downturn afterall.
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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:57 PM
Response to Original message
7. Actually, Don...
... very little extra money will be printed. Like most of our votes most of the money supply is electronic these days.
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Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:57 PM
Response to Original message
8. You mean physically print? The US Mint. But it's not that simple
The Fed doesn't control how much money is literally "printed". They control how many US dollars notionally exist; only a tiny fraction of those are ever printed, and nobody is talking about physically printing more money.
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baldguy Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:59 PM
Response to Original message
9. The Federal Bureau of Engraving and Printing
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Poll_Blind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 06:59 PM
Response to Original message
10. I'm pretty sure its the US Bureau of Engraving and Printing.
  Everything else, like who makes the special dyes and inks, who makes the paper stock, etc.- I think those are actually national secrets though you might be able to find out which companies bid on the contract. Then look for the company which has been hiring more and more employees and- bingo!

PB
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stoge18 Donating Member (328 posts) Send PM | Profile | Ignore Sat Oct-11-08 07:16 PM
Response to Original message
11. Parker Brothers n/t
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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 07:24 PM
Response to Reply #11
12. That was really good
Really good.

:rofl:

Don
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kenny blankenship Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-11-08 07:26 PM
Response to Original message
13. I think Crane's supplies the paper for the mint
or they did. But they won't be printing much more physical dollar bills than they have been.
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Irish Girl Donating Member (265 posts) Send PM | Profile | Ignore Sat Oct-11-08 10:59 PM
Response to Original message
15. I believe only 3% of our money supply is in actual physical paper
The other 97% exists merely as strokes on a keypad.
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