Why the U.S. didn't give the $110 Billion ERROR new $100 Bills to China or Japan? Why burning it?

Question

So, i hear this news and they say they printing new $100 bills but something went wrong, there a error on there and they got to burn 1.1 Billion new $100 notes because of something, but why burned it, Why they just give all those error bills to them? Pay off some the U.S. debt.

Update:

Exchange it.

yay^.^ · Accepted Answer

1 word:Inflation
If we added that much US money suddenly into the market and then added it again after they reprinted it we would be destroying the value of the US dollar even further.
It could A. not be recognized as legal currency or 
B. Even if exchanged now china still has said money or whoever you exchanged with. Meaning said money still exists and would still damage the economy.

xpatinasia · Answer

Your premise is false, and indicates your lack of knowledge of the economic system of the US.  There is $1 billion, not $110 billion, in US currency at stake.  The US does not pay international debts with cash.

chafe · Answer

Which legislations changed into this, and why do you've self assurance the committee might want to enable one of those revision, or the comprehensive residing house and senate might want to approve? you do not imagine George Bush might want to have vetoed that? relax, whoever instructed you about this changed into having some relaxing with you, in spite of the indisputable fact that it really is not any longer real.

20th Chamber · Answer

...when they ran out of firewood, somebody had to light the White House fireplace with something else that was dispensible.

Trevor · Answer

Because it probably won't be recongnized as legal currancy

Trending News

Why the U.S. didn't give the $110 Billion ERROR new $100 Bills to China or Japan? Why burning it?

5 Answers