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The True Story Of The Time The Government Printed A $100,000 Bill

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A $1 trillion-dollar coin seems like a high denomination to ask the government to print.

Some say its weight could sink the Titanic! (This is benightedly ludicrous).

But one time, the U.S. government actually got 1/10000000th of the way there — by printing a $100,000 bill.

And it really helped the economy.

The year was 1933. We were in the midst of a worldwide depression characterized by massive deflation.



President Roosevelt ordered Americans to surrender any gold they held to the government.



The reason: no one was buying anything with cash.



See the rest of the story at Business Insider

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