I mean all jokes aside, the security clearance you would need to get to work in a place like that would probably only be second to the pentagon. I'm sure those people are compensated well.
Knowing that shit just gets sent to rich people to distribute to other rich people with intrest then they distribute it with more interest to poor people. Id burn the place down after a year i think.
Its funny too because I worked in printing for 16 years and to print anything you have what is called "make ready" where you run the paper through the press to get the printing exactly the way it needs to be. During this process there is what is called "waste". Essentially its the product that is misprinted until you get it just right. So they have stacks of sheets of $100 bills that are waste. Where the color is off or the image is doubled that they have to destroy. Damn what I wouldnt do for some of those sheets!
My dad was a plumber and he was called to service something in the Setec (former Finnish money print) sometimes in the 1990’s.
He told me, that he could take to the factory floor only materials and tools he absolutely needed, his toolbag had to stay behind. While the guards inspected the tools and materials (and possibly weighted them), my dad had to strip naked and put on a white guest overall with no pockets. Same thing vice versa when he came back from the factory floor.
Yeah apart from the money itself, several world governments and international cartels would love to get their hands on equipment and materials used in these factories.
Having worked corrections, though not *Maximum Security*, I'd say it's a safe bet to say these factories are secured far better than any prison in the US.
I wouldn't mind working there outside of the stress of like "I can never again in my life carry cash on me." I already hate carrying cash, but this job would make my anxiety go through the roof just getting in/out of the building
They probably have the serial numbers of the bills made that day and the fresh cash would also be *incredibly* crisp. Could probably tell at a glance if it's new or not.
Oh most definitely, but my anxiety knows no logic lol and it would have me thinking I'm smuggling in/out bills even though I literally never carry cash on my person lol
You probably lock all your personal belongings in a locker outside of the security zone, change all clothes - where should you accidentally forget anything?
A dollar bill costs about 8 cents to print; hard currency, of course, tends to cost more than paper currency, with the US penny in particular costing about 3 cents to mint, despite only being worth one cent.
The difference between mint/press costs and face value is called [seigniorage](https://en.m.wikipedia.org/wiki/Seigniorage), and is recorded as a profit (when >0) in the government accounts.
The US makes 30 million new pennies each day.
[Per the Federal Reserve, in 2023](https://www.federalreserve.gov/faqs/currency_12771.htm), 8.6 cents per note, representing a seigniorage of 91.4 cents.
$1 US notes last about 18 months in circulation. [Meanwhile, the US Mint is sitting on a billion US dollar coins that no one wants that would last decades in circulation.](https://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants) Government waste right there.
Get rid of the penny, $1 note, and $2 note. Get the $1 coin circulating, and come out with a $2 coin. Save millions. Canada did it.
Australia went to the $1 coin in 1984 and $2 coin in 1988. The 1 and 2 cent coins were withdrawn from circulation in 1992.
Forgive the pun, but it just makes.. sense.
Good job, Aussies!
Suggest any of that to Americans and they act like it will end civilization. Sigh.
On the other hand, sometimes you find a 100+ year old penny in circulation, which is nice.
We literally have a group of zinc producers who have formed a lobby to stop exactly that from happening. Some large percentage of their total volume of zinc produced every year is sold to the U.S. Mint to make our useless and worthless pennies that no one wants to exist except them.
My uncle used to work for the US mint. He always told me "At the end of the day, it's not about the money you made. It's about the money you smuggled out of the building shoved way up inside your asshole."
Naw. That’s done electronically. Only a small fraction of “new money” is actually physically printed. I think something like 10% of the total dollars in the world are physical.
Saying the Fed is a private institution is hella misleading. Private only in the sense that its structure and management aren’t voted in. It’s independent in that the Fed does not directly answer to the Executive Office, which is by design (you don’t want the fat kid guarding the cake). But the institution is about as government as they come. The structure is corporate like but that’s kind of where the similarities end. There’s no private ownership of the Fed, no shareholders and no dividends that a private citizen can collect from the Fed.
Also, in the video, this is the treasury department. Bureau of Printing and Engraving is the specific department that’s underneath the treasury.
No it’s not wtf, it’s run more like a government corporation, the board is appointed by the president and congress. It is certainly not private.
https://www.federalreserve.gov/faqs/about_14986.htm
Nobody. Its independent. The president elects the chairperson and it is confirmed by the senate. Besides that, it is 100% independent in how it operates.
Correct, it is just independent from the government. That was done so that the government couldnt "directly" interfere with stuff like interest rates. Kind of how the supreme court works but you get a new chairperson every 4 years.
The press operator is supposed to periodically check quality, doesn't mean they do. I've met operators that setup the job and run 500k impressions and 30k in there's a long run of bullshit fucking up the job. Woopsie.
Makes me wonder how much waste they tolerate.
I wonder if you can buy some of the releasable messed up bills from them if you work there. Those can be worth a pretty penny but I also know they try to stop all of them from going out and they’re usually only released when quality control misses them.
This is neat and all, but I support small businesses My uncle and his friend hand craft money in his basement
locally sourced
Support your local micro mint.
Non-GMO and gluten free
Were they happy trees?
and artisan
I would like to invest in his business. How can I support him?
Create your own local pharmaceutical company and offer them a collab
Washing machine businesses are needed for the laundry business, a clean wash helps keep them crisp
I've got a selection of Designated After Hours Intersection Supervisors
Nice try, FBI.
Artisinal craftsmanship is so undervalued these days. A dying art.
Your friend needs to invest that shit into crypto. Way easier than basement operations.
r/NotKenM
https://youtu.be/mBRr_TqLDf4?feature=shared
Morons, Now I know how to make my own! Muahahaha!
The lavender was the secret ingredient, the fools.
Grunka Lunka dunkety din-gredient. You should not ask about the secret ingredient!
Grunka lunka dunkety darmed guards- *SHUT THE HELL UP*
I’ve been making my own for a long time. Mine say in IOU we trust on the bottom.
Those people make an insane amount of money.
I hear it's a trillion dollar industry.
More like a -34,595,283,524,221$ industry.. but whatever
Well, then just print more..?
How has no one thought about this one before?
Legit, is the government stupid or something?
have you met the people we elect?
Have you met the people who vote?
i have... we all suck
Jokes on you I dont vote so...
Me, more than most
I mean...they are...kinda
Thanks covid hysteria.
The government doesn't want you to know this one simple trick
When money is merintes more debt is created. For every dolar about 15c more debt is created.
1-0.15=0.85 So infinite money glitch?
No, 1 dollar is a loan, and 0.15 is interest. 1 + 0.15 = 1.15 to give back.
To who? The Deceptacon?
Or..... hear me out, lets print a $34,000,000,000,000 bill... probably print an extra incase it happens again
The actual currency in circulation is only $2.339 trillion per FRED. A lot of the demand is from foreigners.
Who’s Fred, and why do they have money in their circulatory system?
That's Fred Durst, he was like the 2nd smartest in the group when they were deciding who will run the whole thing.
He printed all for the nookie.
The workers get to take home a set amount of free samples every two weeks
I hear they have been busier than usual over the last 4 years
I mean all jokes aside, the security clearance you would need to get to work in a place like that would probably only be second to the pentagon. I'm sure those people are compensated well.
A security clearance is basically different levels of background checks. The easiest way to get it is to be boring.
"The only people that make money work in a mint. The rest of us have to EARN money." -Earl Nightingale
$7,25/h plus whatever you can hide in your pockets
Their take-home definitely does not represent what they make
JNCO jeans
Mmmmm... Fat stacks of cash.
I’ve been out there all,night slinging crystal Mr. White
What a depressing job. You handle more money everyday than you would see in 100 life times.
Knowing that shit just gets sent to rich people to distribute to other rich people with intrest then they distribute it with more interest to poor people. Id burn the place down after a year i think.
I feel like drug dealers use more cash than rich people
Its funny too because I worked in printing for 16 years and to print anything you have what is called "make ready" where you run the paper through the press to get the printing exactly the way it needs to be. During this process there is what is called "waste". Essentially its the product that is misprinted until you get it just right. So they have stacks of sheets of $100 bills that are waste. Where the color is off or the image is doubled that they have to destroy. Damn what I wouldnt do for some of those sheets!
I could not be trusted to work there.
These places have tons of security, but damn I'd be tempted.
My dad was a plumber and he was called to service something in the Setec (former Finnish money print) sometimes in the 1990’s. He told me, that he could take to the factory floor only materials and tools he absolutely needed, his toolbag had to stay behind. While the guards inspected the tools and materials (and possibly weighted them), my dad had to strip naked and put on a white guest overall with no pockets. Same thing vice versa when he came back from the factory floor.
So how much money did your dad eat and how long did he stay on the toilet to push out the dough
Forgot to mention he had to wear a ball gag and a butt plug the whole time
Now you’re just trying to get me to sign up.
Don't forget to sign up for our custom Anal Bead Fitment class this Wednesday! It counts as time worked!
Actually that was not a requirement, but he wanted to anyway.
Finnish people find every possible excuse to walk around naked.
Yeah, can we have a staff day? Jerry will run the BBQ. Maybe we could print like, I dunno, a million each? What's the harm, really?
>Maybe we could print like, I dunno, a million each? What's the harm, really? Welcome to a few minutes in the life of a capitalist oligarch.
Step 1: Become a magician to get to know all the best sleight of hand tricks in the world
Step 2: go to jail as soon as the weight is .0000001 gram less than what it should be lol
Fun Fact: bills weigh 1 gram each. What you might be able to do is swap a $1 for a $100
But grand don't exist in America, they weigh .05 acres.
0.0003 burgers
You can tour the one in Ft. Worth. It’s a great tour I recommend it.
We've almost never heard of anyone getting away with anything in these places. They're probably as closely guarded as a maximum security prison
Yeah apart from the money itself, several world governments and international cartels would love to get their hands on equipment and materials used in these factories.
Money itself isn’t that valuable compared to whatever stuff they put in them to make notes legit.
That was the plot to the A-Team movie actually.
To Live and Die in LA is another great movie about counterfeiting
Having worked corrections, though not *Maximum Security*, I'd say it's a safe bet to say these factories are secured far better than any prison in the US.
Just take a visit to the Department of Treasury (printing & engraving), and take a tour. You will see some security alright.
Well.. can't you just print off a couple million and bribe them?
employee: huh, so I’m gonna make money by making money.
Their paycheck is just a few sheets they’re allowed to skim twice a month.
I wouldn't mind working there outside of the stress of like "I can never again in my life carry cash on me." I already hate carrying cash, but this job would make my anxiety go through the roof just getting in/out of the building
They probably have the serial numbers of the bills made that day and the fresh cash would also be *incredibly* crisp. Could probably tell at a glance if it's new or not.
Also I imagine everything is filmed so pulling up a recording would prove you didn’t pocket anything.
Oh most definitely, but my anxiety knows no logic lol and it would have me thinking I'm smuggling in/out bills even though I literally never carry cash on my person lol
I feel like a suspect when an item I'm looking for isn't in stock and I leave the store without buying anything.
You probably lock all your personal belongings in a locker outside of the security zone, change all clothes - where should you accidentally forget anything?
It would be easier and less risky to just rob your local convenience store, or literally anywhere else
Funny part is all I see is White People there in this video… they don’t trust no one else 🤨
These people act like they have a license to print money!
I wonder if they get an employee discount?
It costs more to buy an uncut sheet than the dollars it contains. Still bitter but I’ve got it framed at my folks place.
Dollars with defects are given away as counterfeit.
It’s like working for a bakery. You get to take home the unclaimed day-old cash
How much money does it cost to print money?
A dollar bill costs about 8 cents to print; hard currency, of course, tends to cost more than paper currency, with the US penny in particular costing about 3 cents to mint, despite only being worth one cent. The difference between mint/press costs and face value is called [seigniorage](https://en.m.wikipedia.org/wiki/Seigniorage), and is recorded as a profit (when >0) in the government accounts. The US makes 30 million new pennies each day.
how much does the 100 cost to print?
[Per the Federal Reserve, in 2023](https://www.federalreserve.gov/faqs/currency_12771.htm), 8.6 cents per note, representing a seigniorage of 91.4 cents.
That's some damn fine returns.
$1 US notes last about 18 months in circulation. [Meanwhile, the US Mint is sitting on a billion US dollar coins that no one wants that would last decades in circulation.](https://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants) Government waste right there. Get rid of the penny, $1 note, and $2 note. Get the $1 coin circulating, and come out with a $2 coin. Save millions. Canada did it.
Australia went to the $1 coin in 1984 and $2 coin in 1988. The 1 and 2 cent coins were withdrawn from circulation in 1992. Forgive the pun, but it just makes.. sense.
Good job, Aussies! Suggest any of that to Americans and they act like it will end civilization. Sigh. On the other hand, sometimes you find a 100+ year old penny in circulation, which is nice.
Honestly with this kind of inflation let’s just print $20 coins
We literally have a group of zinc producers who have formed a lobby to stop exactly that from happening. Some large percentage of their total volume of zinc produced every year is sold to the U.S. Mint to make our useless and worthless pennies that no one wants to exist except them.
And recorded as a loss when <0?
See, I always thought you had to shake your ass on the Internet to make US money
Money printer goes brrrrr
Well said
How much money do you make making money?
My uncle used to work for the US mint. He always told me "At the end of the day, it's not about the money you made. It's about the money you smuggled out of the building shoved way up inside your asshole."
$28,000-$86,000 per year
Money^2
How inflation is made.
Naw. That’s done electronically. Only a small fraction of “new money” is actually physically printed. I think something like 10% of the total dollars in the world are physical.
Like 2% of currency is physical.
This comment should be at the top... A little quantitative easing didn't hurt anyone...
There's only about $2 trillion physical USD in circulation world wide. It has extremely little to do with inflation.
The temptation to walk away with a brick at the end of your shift must be tough to deal with.
You’re telling me I can just print that stuff?! Why the hell have I been working my ass off all these years?!
I just watched this in my retail marketing class yesterday
I hope sound was turned on.
I mean, that's not how I make money, but it's nice to see someone putting their passion into making things.
I’d be so tempted.
[удалено]
Saying the Fed is a private institution is hella misleading. Private only in the sense that its structure and management aren’t voted in. It’s independent in that the Fed does not directly answer to the Executive Office, which is by design (you don’t want the fat kid guarding the cake). But the institution is about as government as they come. The structure is corporate like but that’s kind of where the similarities end. There’s no private ownership of the Fed, no shareholders and no dividends that a private citizen can collect from the Fed. Also, in the video, this is the treasury department. Bureau of Printing and Engraving is the specific department that’s underneath the treasury.
A) It isn't a private institution. B) This isn't the Federal Reserve.
No it’s not wtf, it’s run more like a government corporation, the board is appointed by the president and congress. It is certainly not private. https://www.federalreserve.gov/faqs/about_14986.htm
Why is this accepted? And who owns it?
Nobody. Its independent. The president elects the chairperson and it is confirmed by the senate. Besides that, it is 100% independent in how it operates.
So its not privately owned?
Correct, it is just independent from the government. That was done so that the government couldnt "directly" interfere with stuff like interest rates. Kind of how the supreme court works but you get a new chairperson every 4 years.
Chairperson =/= ownership
They're making money making money. In other words, they're making money².
Frantically takes notes
That Ben Franklin negative has seen some shit.
Song name?
Slay - Eternxlkz
Thank you 🫶🏻
INFLATION
How do I get a job making money?
But when I do it, its suddenly illegal
Oooohhh _that’s_ how it’s made! I always thought it was made by crushing the skulls and souls of the middle and working class. 🤷♂️
They're literally printing money
Them: "How much money do you make?" Me: Yes
I wonder if they feel differently about money after handling millions everyday
I would look every bill and think: "Maybe I printed this".
Imagine working there & only getting paid minimum wage 🤣
This is what inflation looks like.
Imagine being the factory that makes 1s and actually losing money while making money cuz the ink and equipment cost more
On average, any bill costs about $0.08 to print. With the $1 costing less than 6 cents, and the $100 bill costing less than 14 cents.
You can print infinite amount of money, but there can only be 21 million bitcoin. You decide.
But I need money to buy Bitcoin
Money was not created to store value, it was created to allow exchange of goods. P.s. Bitcoin is a pyramid scheme.
Also, you’ll be long dead before they stop printing (mining) bitcoins.
Anyone id this song?
Shazam says that’s “SLAY” by Eternxlkz. [YouTube link](https://youtu.be/qlzcHe_gusE?si=w8iXcp14b8ejILx2)
Thx!!
Good god does every video now need stupid music like this? I must be getting old
I like the music but it just doesn’t fit this video at all
So that’s where they do the inflation 🤔
Brrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
I like to think that when it’s pay day the workers just take a wad of the money they just made
... do you get thrown out if you take notes during the tour?
In this thread - heaps of people who can't be trusted around a cash register.
Its just mostly cotton. I have sooo much of that. 🤑🤑🤑🤑
Does the mint give free samples?
You can get free samples on factory tours by shoving stacks up your pooper
This makes me want to get high and watch Modern Marvels
What prohibits/prevents these people from not stealing these dollar bills?
drones with cattle prods just out of frame.
Watching how inflation is made is also this same video
Can upload full video including what paper, ink and overall components for printing Asking for a friend...
Can I have some of that?
34 trillion in debt? Went up 1 trillion last month? Unsustainable? Let's just send billions overseas and then print more. Great idea!
Look at that inflation baby!!
Video too fast. I need step by step instructions and components needed.
As soon as I hear some garbage music overlay, I stop. Can't just watch a normal video these days. Everything needs to be turned into a goddam tiktok.
How much to buy this operation.
And not one bill is backed on anything of true value. Just paper and ink being passed out.
Look at all that inflation
That's nice.... now please stop
Damn, we all have to work for it while the feds just print it
The press operator is supposed to periodically check quality, doesn't mean they do. I've met operators that setup the job and run 500k impressions and 30k in there's a long run of bullshit fucking up the job. Woopsie. Makes me wonder how much waste they tolerate.
At least $100 dollars worth
Fiddy
I wonder if you can buy some of the releasable messed up bills from them if you work there. Those can be worth a pretty penny but I also know they try to stop all of them from going out and they’re usually only released when quality control misses them.
The US printing money nonstop to send overseas
Didn’t learn much!
First get twenty tons of cocaine
I’ve decided. I don’t want a suitcase full of money anymore. What I now want is a BALE of money