All The Money The Government Is Printing This Year, In One Graphic

[traineeinvestor]

Well, this explains the rise in the price of cotton: Cotton Prices Hit One-Month High - WSJ.com

[boont]

Back when I was working, I started stuffing $100 dollar bills in a file at home. After awhile it got to maybe $9,000. It was kind of cool to have cash I didn't need. Then I sold a major collectible for almost $10,000 and I added that. Then I sold an old car I had, also for cash. Now I was in the low twenties and I thought I better deposit it, but how? It was all in $100 dollar bills, that is all I kept in the file.

I decided to just go into several branches of the same bank and deposit it. One branch had a young male teller. When I dumped down just under $10,000 in hundreds, I heard him audibly gasp.

Surely these guys see lots of large cash deposits, don't they? This was in Marin County California. Maybe not.

[traineeinvestor]

Quote:

Originally Posted by boont I decided to just go into several branches of the same bank and deposit it. One branch had a young male teller. When I dumped down just under $10,000 in hundreds, I heard him audibly gasp. Surely these guys see lots of large cash deposits, don't they? This was in Marin County California. Maybe not.

These days, USD 10,000 is the level at which cash transactions require reporting for anti-money laundering purposes: Money laundering - Wikipedia, the free encyclopedia

The bad guys and gals know this which makes deposits of just under USD10,000 in cash something of a red flag.

[cute fuzzy bunny]

Quote:

Originally Posted by traineeinvestor Well, this explains the rise in the price of cotton: Cotton Prices Hit One-Month High - WSJ.com

3 Stooges-cotton - YouTube