https://www.ecoticias.com/en/farewell-100-dollar-bill-america/8011/

It’s looking like the future will no longer be all about the Benjamins (Baby)!

Yes, 10 years seems like a long time — but consider how quickly the past 10 years have gone!

What with the North Koreans counterfeiting our own Benjamins, and even the more recent design in circulation since 2013 appears to have security issues, it does look like the new 10-year plan will have many of us replacing and updating whatever we’ve been using to stuff mattresses with for lo these many years .

After that, it’s anybody’s guess.  Here are some candidates for Molière Citations:

Cash will be phased out entirely, in favor of rechargeable debit cards.  (That’s already the means of payment for the EBT cards that replaced “food stamps” a few years ago).

Some variations of blockchain transactions (which are, for the record, neither secure nor anonymous), including some restrictions on how the “funds” involved can be used: housing, education, food, necessities perhaps.

Larger-denomination coins (who even uses anything smaller than quarters any more?), with plenty of “value-add” to the intrinsic price of the metals.  Those of us who were around in 1964 when they replaced coins made of silver with “clad” coins made of copper-nickel will remember the direct application of “Gresham’s Law.”  The law says that “Bad money drives good money out of circulation,” and apparently also applies to the employee pool.

For the Molière Citations team, it feels like the plan to replace the Benjamins smacks of something like the camel’s nose under the monetary tent.

Now, add this trend in moving away from insecure paper money to the recently reported “BRICS” convention of nations planning to replace the U. S. Dollar as the world’s reserve currency — and trading among themselves in a “dollar-free” world — and it’s not too far to leap to arrive at the conclusion that our long-time security and sanctity of stable international trade is under attack.

We can’t predict where this is going, but unless there are some grown-ups willing and able to secure the status of the “Almighty Dollar,” we are in for a wild ride in the worldwide economic “amusement” park.