#OT# where the US currency is

I decided to split this of from the longer thread.
NPR has a 5 minute video available for download
=========Money Mystery: Who's Holding U.S. Currency?
by David Kestenbaum
Listen Now [4 min 20 sec] add to playlist {you will have to go to the web site to do this}
Morning Edition, January 9, 2009 The federal government, which tracks the amount of money it prints, says $900 billion of its currency is in circulation. While experts have determined that fully half of those U.S. dollars are being held in other countries, a lot of cash is unaccounted for. ------------ http://www.npr.org/templates/story/story.php?storyId 147699 Unka' George [George McDuffee] ------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?
Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

I hold the other half.
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload
On Sat, 10 Jan 2009 22:18:24 -0600, F. George McDuffee

And if you haven't heard this already, an explanation to the mortgage fiasco in plain old english (59 minutes), that helped to get us into this mess:
http://www.thislife.org/Radio_Episode.aspx?sched 42
=355: The Giant Pool of Money (05/09/2008)
A special program about the housing crisis produced in a special collaboration with NPR News. We explain it all to you. What does the housing crisis have to do with the turmoil on Wall Street? Why did banks make half-million dollar loans to people without jobs or income? And why is everyone talking so much about the 1930s? It all comes back to the Giant Pool of Money.
Act One.
This American Life producer Alex Blumberg teams up with NPR's Adam Davidson for the entire hour to tell the story—the surprisingly entertaining story—of how the U.S. got itself into a housing crisis. They talk to people who were actually working in the housing, banking, finance and mortgage industries, about what they thought during the boom times, and why the bust happened. And they explain that a lot of it has to do with the giant global pool of money... =You may still be able to find it here, at least it was a week or so ago (27mb):
http://rs371.rapidshare.com/files/118587041/TAL_The_Giant_Pool_of_Money.mp3
Add pictures here
<% if( /^image/.test(type) ){ %>
<% } %>
<%-name%>
Add image file
Upload

Polytechforum.com is a website by engineers for engineers. It is not affiliated with any of manufacturers or vendors discussed here. All logos and trade names are the property of their respective owners.