1 00:00:00,240 --> 00:00:27,520 Speaker 1: Ridiculous History is a production of iHeartRadio. Welcome back to 2 00:00:27,600 --> 00:00:31,280 Speaker 1: the show, Ridiculous Historians. Thank you, as always so much 3 00:00:31,360 --> 00:00:35,160 Speaker 1: for tuning in. Before we get down to the brass 4 00:00:35,200 --> 00:00:37,559 Speaker 1: taxi currency, let's give it up for the man the 5 00:00:37,560 --> 00:00:41,680 Speaker 1: myth legend, mister Max Williams. He is the two dollar 6 00:00:41,760 --> 00:00:45,199 Speaker 1: bill man. He keeps saying that uncle Kutchu. He was 7 00:00:45,200 --> 00:00:47,000 Speaker 1: supposed to say it, to which I was just going 8 00:00:47,040 --> 00:00:48,839 Speaker 1: to respond, cuckoo couchu. But he didn't say it, so 9 00:00:48,880 --> 00:00:50,680 Speaker 1: I had to say the whole thing. And I forgot 10 00:00:50,680 --> 00:00:54,960 Speaker 1: to say he's our superproducer Andy, and I should say 11 00:00:55,000 --> 00:00:58,080 Speaker 1: that because I made up the term superproducer. But look, 12 00:00:58,520 --> 00:01:02,880 Speaker 1: you're an old brown. I'm Ben Bowling, and we have 13 00:01:03,120 --> 00:01:07,000 Speaker 1: both lived in a world with a bunch of coupons 14 00:01:07,160 --> 00:01:10,679 Speaker 1: called dollars. Most of the most of our fellow Ridiculous 15 00:01:10,720 --> 00:01:16,880 Speaker 1: historians tuning in probably have touched less cash over the 16 00:01:16,959 --> 00:01:20,200 Speaker 1: years of what A saynal yeah, and less grass too, 17 00:01:20,560 --> 00:01:23,759 Speaker 1: less grass. Yeah, so they say to touch grass, it's 18 00:01:23,760 --> 00:01:28,360 Speaker 1: important to touch grass, leave your home. Oh I see, yeah, yeah, 19 00:01:28,760 --> 00:01:30,800 Speaker 1: but I mean during the pandemic, right, A lot of 20 00:01:31,680 --> 00:01:36,840 Speaker 1: cash less like uh, I don't know when's the when's 21 00:01:36,920 --> 00:01:42,280 Speaker 1: the last time you interacted with a stack of US dollars? 22 00:01:42,720 --> 00:01:44,800 Speaker 1: You know, I don't know about a stack, but I 23 00:01:45,200 --> 00:01:51,240 Speaker 1: am currently in possession of a one hundred dollar note. Ah, 24 00:01:51,400 --> 00:01:55,040 Speaker 1: same say that just it just goes in a drawer. 25 00:01:55,120 --> 00:01:56,800 Speaker 1: I don't know what to do with it. It's basically 26 00:01:56,880 --> 00:01:59,280 Speaker 1: useless to me. I like to take it out and 27 00:01:59,400 --> 00:02:01,520 Speaker 1: look at it it, hold it up to the light 28 00:02:02,120 --> 00:02:06,040 Speaker 1: and see all the little anti counterfeiting measures. I like 29 00:02:06,160 --> 00:02:08,600 Speaker 1: to light my cigars with it. That's what I'm going 30 00:02:08,639 --> 00:02:11,800 Speaker 1: to use it for. You know, for a long time, 31 00:02:11,880 --> 00:02:16,320 Speaker 1: my girlfriend worked at a credit union, and she is 32 00:02:16,360 --> 00:02:20,320 Speaker 1: one of the ways that I learned about two dollar bills. 33 00:02:20,919 --> 00:02:24,520 Speaker 1: It's strange because you don't often see a two dollar 34 00:02:24,600 --> 00:02:27,560 Speaker 1: bill in the wild. And this is something that also 35 00:02:27,840 --> 00:02:33,480 Speaker 1: caught the attention of our research associate, Jeff. And this 36 00:02:33,520 --> 00:02:36,119 Speaker 1: is very close to Jeff. I think he went through 37 00:02:36,160 --> 00:02:38,440 Speaker 1: some stuff where he was trying to figure out where 38 00:02:38,560 --> 00:02:42,760 Speaker 1: the two dollar bill came from and come to find, 39 00:02:43,760 --> 00:02:48,080 Speaker 1: fellow ridiculous historians, the two dollar bill, the very first 40 00:02:48,120 --> 00:02:52,880 Speaker 1: two dollar note, is a little more than a week 41 00:02:53,200 --> 00:02:58,840 Speaker 1: older than the United States America. You say, oh, we 42 00:02:58,919 --> 00:03:02,800 Speaker 1: do right, It's like on June twenty fifth, seventeen seventy six, 43 00:03:02,840 --> 00:03:09,239 Speaker 1: the Continental Congress authorized the creation of two dollar denominations 44 00:03:09,320 --> 00:03:13,600 Speaker 1: as quote unquote bills of credit for you know, the 45 00:03:13,720 --> 00:03:16,560 Speaker 1: coming war. Yeah, and like you know, what's what's a 46 00:03:16,639 --> 00:03:19,600 Speaker 1: C note? Is that a hondo? I like guess c 47 00:03:19,760 --> 00:03:22,280 Speaker 1: notte as a houndo. But they referred to these things 48 00:03:22,280 --> 00:03:25,760 Speaker 1: as continentals, So a different kind of C note, a 49 00:03:25,919 --> 00:03:30,200 Speaker 1: two dollar bill and again named after the Continental Congress. 50 00:03:30,800 --> 00:03:34,760 Speaker 1: In eighteen sixty two, the federal government started printing paper money, 51 00:03:35,040 --> 00:03:38,640 Speaker 1: and then the first you know experiment with currency, the 52 00:03:38,720 --> 00:03:42,119 Speaker 1: two dollar bill was included. It was really I say 53 00:03:42,160 --> 00:03:45,560 Speaker 1: experiment only half joking. It really was so that they 54 00:03:45,600 --> 00:03:50,200 Speaker 1: were trying because at the time coins were much more popular. 55 00:03:50,320 --> 00:03:53,520 Speaker 1: The idea of a of a thing that was worth something, 56 00:03:53,800 --> 00:03:56,880 Speaker 1: you know, because of the precious metals it contained for 57 00:03:56,920 --> 00:04:01,320 Speaker 1: all intends and purposes, like like an iou right, yeah, man. Also, 58 00:04:01,440 --> 00:04:06,600 Speaker 1: if we consider at this time, two dollars was a 59 00:04:06,600 --> 00:04:09,760 Speaker 1: lot of money to just be growing around, which is 60 00:04:09,800 --> 00:04:12,960 Speaker 1: probably the reason both of us have our current one 61 00:04:13,040 --> 00:04:17,480 Speaker 1: hundred dollar bills that we take out and admire. I mean, 62 00:04:17,600 --> 00:04:21,200 Speaker 1: you know, most people are not going to be spending 63 00:04:22,160 --> 00:04:25,400 Speaker 1: two dollars at a time at a time in the 64 00:04:25,520 --> 00:04:28,840 Speaker 1: eighteen sixties. This is where, this is where we want 65 00:04:28,880 --> 00:04:31,640 Speaker 1: to shout out a great article from Mental Fluss by 66 00:04:31,720 --> 00:04:34,880 Speaker 1: Hannah Kaiser, who notes, as you said, the two dollar 67 00:04:34,960 --> 00:04:39,160 Speaker 1: bill was first printed in eighteen sixty two as official 68 00:04:39,320 --> 00:04:44,920 Speaker 1: US currency instead of Continental Congress currency or whatever. US 69 00:04:45,040 --> 00:04:48,960 Speaker 1: Treasury started printing money in about eighteen sixty one, and 70 00:04:49,240 --> 00:04:53,160 Speaker 1: the two dollar bill went through a couple of different iterations. 71 00:04:53,200 --> 00:04:56,600 Speaker 1: I think first it was Alexander Hamilton, and a few 72 00:04:56,680 --> 00:05:00,359 Speaker 1: years after that it was it was Max's boy, Tommy 73 00:05:00,440 --> 00:05:03,359 Speaker 1: jay TJ to his friends, and now I believe his 74 00:05:03,480 --> 00:05:08,120 Speaker 1: mug graces the ten. Yeah, and I love the point 75 00:05:08,120 --> 00:05:11,560 Speaker 1: you make about coins, right, It can be a bit 76 00:05:11,640 --> 00:05:16,640 Speaker 1: of an unexpected cold shower for many people in the 77 00:05:16,720 --> 00:05:21,760 Speaker 1: US to go to a country like Japan where coins 78 00:05:21,800 --> 00:05:25,320 Speaker 1: are a big thing, or some European countries where coins 79 00:05:25,400 --> 00:05:32,240 Speaker 1: are still a big thing. Paper money, you don't automatically 80 00:05:32,279 --> 00:05:36,800 Speaker 1: trust it, especially back in the eighteen hundreds. And here's 81 00:05:36,839 --> 00:05:43,479 Speaker 1: the kicker. The two dollar bill was not super popular 82 00:05:44,480 --> 00:05:49,440 Speaker 1: and it was actually considered bad luck. Yeah, there's actually 83 00:05:49,440 --> 00:05:53,920 Speaker 1: a documentary about this that I saw a while ago. 84 00:05:54,080 --> 00:05:56,200 Speaker 1: I need to rewatch it though, but it's by a 85 00:05:56,279 --> 00:06:00,919 Speaker 1: dude named John Benardo, and it is in a creativity, 86 00:06:01,000 --> 00:06:04,360 Speaker 1: as you would say, been called the two dollar Bill documentary, 87 00:06:04,720 --> 00:06:07,440 Speaker 1: I think, with a little bit of tongue planted firmly 88 00:06:07,480 --> 00:06:10,440 Speaker 1: in cheek. There. The reason it was unpopular was because, 89 00:06:10,480 --> 00:06:13,920 Speaker 1: like you said, ben two dollars at once absurd. People 90 00:06:13,920 --> 00:06:18,840 Speaker 1: were making less than fifteen bucks a month for their salaries. 91 00:06:19,720 --> 00:06:21,280 Speaker 1: So like, I mean what I mean, I'm not I'm 92 00:06:21,320 --> 00:06:25,240 Speaker 1: no math scientists here, but two dollars is quite a 93 00:06:25,360 --> 00:06:30,039 Speaker 1: large portion, but not an insignificant portion of that monthly salary. 94 00:06:30,360 --> 00:06:32,360 Speaker 1: You know. To be spending that all at once would 95 00:06:32,400 --> 00:06:37,080 Speaker 1: be the equivalent of making a massive purchase. Yeah, yeah, exactly. 96 00:06:37,600 --> 00:06:45,080 Speaker 1: Like imagine, just for improvised example, imagine you have a 97 00:06:45,200 --> 00:06:49,560 Speaker 1: one hundred dollar bill and you go to grab food 98 00:06:49,680 --> 00:06:56,279 Speaker 1: at a reasonable lunch counter. Now you are that person saying, oh, 99 00:06:56,320 --> 00:06:59,960 Speaker 1: do you have changed for a hundred on my five dollars? 100 00:07:00,920 --> 00:07:04,800 Speaker 1: You know, soup and sandwich. It's weird, and we were 101 00:07:04,839 --> 00:07:08,400 Speaker 1: all talking off air about this. There are a couple 102 00:07:08,400 --> 00:07:11,760 Speaker 1: of reasons, aside from superstition, that the two dollar bill 103 00:07:12,040 --> 00:07:16,520 Speaker 1: was so unpopular First, there's a lot of inflation going on. 104 00:07:17,160 --> 00:07:19,480 Speaker 1: We have a one dollar bill. Why can't we just 105 00:07:19,560 --> 00:07:22,080 Speaker 1: have two one dollar bills? Why do we need one 106 00:07:22,160 --> 00:07:25,960 Speaker 1: two dollar bill? It's easy. It always felt silly if 107 00:07:26,040 --> 00:07:28,560 Speaker 1: things are fifty cents, Why can't I just pay with 108 00:07:28,640 --> 00:07:30,920 Speaker 1: a one? Why do I have to flex on folks? 109 00:07:31,000 --> 00:07:36,600 Speaker 1: And then another factor, it's unpopular because especially during the 110 00:07:36,600 --> 00:07:43,960 Speaker 1: Great Depression, people preferred coins. The New York Times, even 111 00:07:44,040 --> 00:07:49,040 Speaker 1: before the Great Depression, was talking some trash about this. 112 00:07:49,200 --> 00:07:53,960 Speaker 1: They said gamblers especially considered the two dollar bill to 113 00:07:54,040 --> 00:07:57,280 Speaker 1: be unlucky. And I think we have a quote here 114 00:07:57,720 --> 00:08:03,480 Speaker 1: they have been avoided as start. I don't know that ter, 115 00:08:03,720 --> 00:08:05,360 Speaker 1: but yeah, I got that was sort of the kicker. 116 00:08:05,400 --> 00:08:08,200 Speaker 1: But he who sits in the game of Chad, so 117 00:08:08,320 --> 00:08:10,800 Speaker 1: the two dollar bill in his pocket is thought to 118 00:08:10,840 --> 00:08:14,920 Speaker 1: be saddled with the jinks. And then the bit about 119 00:08:14,440 --> 00:08:19,000 Speaker 1: it being avoided as ill starred. I guess that's like, yeah, 120 00:08:19,160 --> 00:08:23,640 Speaker 1: referring to you know, astrology, you know, like it's like 121 00:08:23,680 --> 00:08:27,400 Speaker 1: there's like a bad bad moon rising kind of vibe. What. Yeah, 122 00:08:27,440 --> 00:08:32,960 Speaker 1: it's like the it's like the idea of destiny prophecy. Yeah, 123 00:08:33,240 --> 00:08:37,880 Speaker 1: as well, and gangsters are not gangsters. Gamblers gamblers and 124 00:08:37,920 --> 00:08:44,360 Speaker 1: gangsters alike are big believers and determinism, so they believe 125 00:08:44,400 --> 00:08:47,520 Speaker 1: in fate and destiny. And then you know, there's also 126 00:08:47,559 --> 00:08:53,280 Speaker 1: the political corruption. During the eighteen hundreds, you would frequently 127 00:08:53,520 --> 00:08:58,040 Speaker 1: use two dollars bills to bribe voters because it was 128 00:08:58,080 --> 00:09:02,199 Speaker 1: the lowest amount of money that seemed like an unnecessarily 129 00:09:02,360 --> 00:09:05,440 Speaker 1: large amount of money. Yeah, that makes sense. By the way, 130 00:09:05,640 --> 00:09:11,640 Speaker 1: two dollars is about fourteen percent of that fifteen dollars 131 00:09:11,720 --> 00:09:15,000 Speaker 1: a month salary. I did some quick Google math. There 132 00:09:15,000 --> 00:09:19,120 Speaker 1: actually thirteen point three repeating of fifteen bucks a month. 133 00:09:19,240 --> 00:09:23,000 Speaker 1: So that's I would say, that's reason enough for this 134 00:09:23,080 --> 00:09:25,880 Speaker 1: thing to be kind of redundant, right, or at the 135 00:09:25,960 --> 00:09:29,920 Speaker 1: very least, just too extravagant for the average human being. 136 00:09:30,120 --> 00:09:36,920 Speaker 1: And this caused the denomination to not be particularly widely circulated. Yeah, 137 00:09:36,960 --> 00:09:40,920 Speaker 1: And the Treasury Department was trying to do some pr 138 00:09:41,160 --> 00:09:46,439 Speaker 1: stuff in the early nineteen hundreds, and it tried to 139 00:09:46,520 --> 00:09:50,560 Speaker 1: do this for decades. It wasn't until the mid nineteen 140 00:09:50,679 --> 00:09:54,920 Speaker 1: sixties nineteen sixty six that I gave up, and for 141 00:09:55,040 --> 00:10:00,959 Speaker 1: a time the US stopped printeen two dollars bills because 142 00:10:01,040 --> 00:10:05,360 Speaker 1: they read the room over more than a half a century, 143 00:10:05,600 --> 00:10:08,080 Speaker 1: and they said, oh, I guess people don't want them. 144 00:10:08,160 --> 00:10:17,880 Speaker 1: They said, deuces to the deuce. No, I love that 145 00:10:17,920 --> 00:10:22,000 Speaker 1: you said deuce. That was the street name for the 146 00:10:22,040 --> 00:10:25,679 Speaker 1: two dollars bill for a long time. And deuce is also, 147 00:10:26,960 --> 00:10:31,280 Speaker 1: you know, a sideways name for infernal powers, the deuce 148 00:10:33,040 --> 00:10:36,800 Speaker 1: the devil. Yeah, it's like dang to damn right, you 149 00:10:36,880 --> 00:10:40,319 Speaker 1: say deucedin's the place of devil. It's also you know, 150 00:10:40,320 --> 00:10:42,240 Speaker 1: a way the cool kids say goodbye, you know, by 151 00:10:42,240 --> 00:10:45,040 Speaker 1: throwing up a piece sign the deuces, you know. And 152 00:10:45,120 --> 00:10:50,199 Speaker 1: this played another role in the bill's poor circulation because 153 00:10:50,360 --> 00:10:53,640 Speaker 1: they were like vandalized a lot, which technically is what 154 00:10:53,760 --> 00:10:56,720 Speaker 1: you call it when you mess with currency. Folks who 155 00:10:56,760 --> 00:10:59,600 Speaker 1: would receive a two dollars bill would tear off one 156 00:10:59,679 --> 00:11:05,120 Speaker 1: corner are believing somehow that that would reverse the curse 157 00:11:05,360 --> 00:11:08,160 Speaker 1: or the jinks or you know, the evil of the deuce. 158 00:11:09,080 --> 00:11:12,200 Speaker 1: So a lot of these were seen by you know, 159 00:11:12,320 --> 00:11:15,240 Speaker 1: treasury volks, I guess or bankers perhaps and taken out 160 00:11:15,240 --> 00:11:19,400 Speaker 1: of circulation because they were considered what is called mutilated currency. 161 00:11:19,760 --> 00:11:22,680 Speaker 1: That's the thing, right of those people in Canada that 162 00:11:22,720 --> 00:11:26,400 Speaker 1: were spoking their fivers remember that one yes, of course, 163 00:11:26,440 --> 00:11:29,880 Speaker 1: and then again in nineteen twenty nine Great Depression. A 164 00:11:29,920 --> 00:11:32,520 Speaker 1: lot of stuff is costing less than a dollar. You 165 00:11:32,559 --> 00:11:36,319 Speaker 1: don't really have a reason to use a two dollar bill. 166 00:11:36,800 --> 00:11:41,880 Speaker 1: It isn't until nineteen seventy five when the Secretary of 167 00:11:41,880 --> 00:11:46,680 Speaker 1: the Treasury, William E. Simon says, we're bringing back to 168 00:11:46,760 --> 00:11:51,880 Speaker 1: two dollar bill because this is so nuts. He says, 169 00:11:51,960 --> 00:11:56,400 Speaker 1: because it costs four point nine cents to print a 170 00:11:56,440 --> 00:11:59,800 Speaker 1: one dollar bill and a two dollar bill, and therefore, 171 00:12:00,679 --> 00:12:03,760 Speaker 1: long term, it's cheaper to make a two dollar bill. 172 00:12:04,320 --> 00:12:07,520 Speaker 1: Just to clarify, Um, I think I maybe even misspoke. 173 00:12:08,160 --> 00:12:12,840 Speaker 1: They didn't stop printing it entirely until nineteen sixty six, correct, 174 00:12:12,880 --> 00:12:16,160 Speaker 1: and then they come back like like new coke. You know, hey, 175 00:12:16,280 --> 00:12:18,640 Speaker 1: where what's what is old? Is now new again? Um? 176 00:12:19,040 --> 00:12:21,440 Speaker 1: And to your point, yeah, it was sort of like 177 00:12:21,520 --> 00:12:25,920 Speaker 1: a cost saving measure. But doesn't that sound weird? That's 178 00:12:25,920 --> 00:12:28,520 Speaker 1: a gird way to think about it, right, It doesn't 179 00:12:28,520 --> 00:12:31,600 Speaker 1: make any sense. Why and why? I don't under how 180 00:12:31,600 --> 00:12:35,840 Speaker 1: do they justify this? It's why is it cheaper to 181 00:12:35,840 --> 00:12:37,280 Speaker 1: make a two dollar bill than to make a one 182 00:12:37,320 --> 00:12:40,679 Speaker 1: dollar bill? Because they both cost the same amount of money, 183 00:12:40,760 --> 00:12:45,200 Speaker 1: but one represents more value than the other. Icy But 184 00:12:45,720 --> 00:12:50,719 Speaker 1: again we know logistically that it's just an odd denomination. 185 00:12:51,000 --> 00:12:53,840 Speaker 1: You know, you just drop two dollars. What do we care? 186 00:12:53,840 --> 00:12:57,959 Speaker 1: What does the consumer care? You know about? I mean, 187 00:12:58,240 --> 00:13:01,520 Speaker 1: I don't know. It doesn't doesn't make much. Not fret 188 00:13:01,520 --> 00:13:06,240 Speaker 1: ourselves with the concerns of the common say, the Treasury Department. 189 00:13:06,320 --> 00:13:08,400 Speaker 1: It's a very good point. Bet they're not exactly thinking, 190 00:13:08,720 --> 00:13:11,400 Speaker 1: not exactly men of the people. So you're right, Ben. 191 00:13:11,480 --> 00:13:15,720 Speaker 1: On April thirteenth, nineteen seventy six, which was Thomas Jefferson's birthday, 192 00:13:15,880 --> 00:13:19,000 Speaker 1: nice tie in there, you know, for the special drop 193 00:13:19,360 --> 00:13:25,200 Speaker 1: of the two dollars. Yeah, exactly. So this was a 194 00:13:25,280 --> 00:13:29,920 Speaker 1: redesigned note, I believe, right. Yeah, it was a new 195 00:13:30,080 --> 00:13:33,160 Speaker 1: two dollars bill, the new coke of currency. As you said, 196 00:13:33,559 --> 00:13:38,040 Speaker 1: it's got a picture depicting the presentation of the Declaration 197 00:13:38,080 --> 00:13:40,960 Speaker 1: of Independence to the Continental Congress on the back of 198 00:13:40,960 --> 00:13:44,800 Speaker 1: the bill. Thomas Jefferson is all over it because they 199 00:13:44,920 --> 00:13:49,080 Speaker 1: relaunch it on his birthday, and the idea was in 200 00:13:49,120 --> 00:13:53,640 Speaker 1: the Treasury Department, the reprinting this would increase the use 201 00:13:53,679 --> 00:13:56,640 Speaker 1: of the bill and the interest in the two dollars bill, 202 00:13:57,080 --> 00:14:01,240 Speaker 1: but it had the absolute opposite effect. A lot of 203 00:14:01,240 --> 00:14:03,880 Speaker 1: people of the United States were like, this is for 204 00:14:04,040 --> 00:14:09,640 Speaker 1: gamblers and people at houses of ill repute. Pepperidge Farm 205 00:14:09,720 --> 00:14:13,520 Speaker 1: remembers right right exactly just so, and so they said, 206 00:14:13,800 --> 00:14:16,880 Speaker 1: we're going to take the We're going to get these 207 00:14:16,920 --> 00:14:19,320 Speaker 1: two dollar bills, but we're not going to spend them. 208 00:14:19,720 --> 00:14:22,240 Speaker 1: We're going to tuck them away. We're going to save 209 00:14:22,280 --> 00:14:25,320 Speaker 1: them because this is such a bad idea that I 210 00:14:25,360 --> 00:14:31,400 Speaker 1: could sell it on eBay later, they thought, before the invention, right. Well, also, 211 00:14:31,920 --> 00:14:35,120 Speaker 1: that's that was always my exposure to the two dollar bill. 212 00:14:35,320 --> 00:14:37,280 Speaker 1: I don't know about you, Ben. It sounds to me 213 00:14:37,360 --> 00:14:41,320 Speaker 1: like from our offware conversations you maybe came into a 214 00:14:41,320 --> 00:14:43,760 Speaker 1: little bit of a stack of them somewhere along the line, 215 00:14:43,800 --> 00:14:47,560 Speaker 1: But I always just heard of heard them referred to 216 00:14:47,680 --> 00:14:50,840 Speaker 1: kind of as these keepsakes. And maybe in my my 217 00:14:51,040 --> 00:14:54,320 Speaker 1: you know, youthful brain, I believe that they were of 218 00:14:54,560 --> 00:14:58,040 Speaker 1: value to some degree. What's the deal with that? Like, 219 00:14:58,120 --> 00:15:01,760 Speaker 1: were they or were they just work two dollars? Well, 220 00:15:01,920 --> 00:15:05,440 Speaker 1: I think they were most often spent as sort of 221 00:15:05,440 --> 00:15:08,880 Speaker 1: a flex at least in my time. Like the idea 222 00:15:08,960 --> 00:15:12,240 Speaker 1: that people would go to a bank, as they may 223 00:15:12,440 --> 00:15:18,240 Speaker 1: do even today, and request a withdrawal entirely in two 224 00:15:18,280 --> 00:15:21,640 Speaker 1: dollars bills. And then the most nuts thing about this 225 00:15:22,120 --> 00:15:26,040 Speaker 1: is the United States still has a lot of two 226 00:15:26,080 --> 00:15:29,440 Speaker 1: dollar bills. If we go to the Cold War in 227 00:15:29,480 --> 00:15:35,880 Speaker 1: the nineteen sixties, the US and the Soviet Union super 228 00:15:35,920 --> 00:15:38,040 Speaker 1: beefed up, as we like to say on the show, 229 00:15:38,560 --> 00:15:41,880 Speaker 1: and they were thinking through what would happen if a 230 00:15:42,080 --> 00:15:49,479 Speaker 1: nuclear war took place. They said, the devastation would be astronomical, 231 00:15:49,800 --> 00:15:53,080 Speaker 1: but there would probably be survivors in the US, and 232 00:15:53,360 --> 00:15:56,480 Speaker 1: the American government would need to put in a lot 233 00:15:56,560 --> 00:16:02,320 Speaker 1: of plans to or i say, make America great again, 234 00:16:02,560 --> 00:16:07,400 Speaker 1: but in a very different, very different sense, very different sense. 235 00:16:07,680 --> 00:16:13,120 Speaker 1: But wouldn't apocalypse money be more efficient? As like, you know, 236 00:16:13,480 --> 00:16:17,360 Speaker 1: objects that don't burn fall out taught me bottle caps 237 00:16:17,360 --> 00:16:19,320 Speaker 1: are the way to get Bottle caps are good? Or 238 00:16:19,360 --> 00:16:23,440 Speaker 1: like even you know coin, uh, perhaps the seashells, you know? 239 00:16:23,480 --> 00:16:25,240 Speaker 1: But yeah, I don't know, I don't I'm a little 240 00:16:25,280 --> 00:16:29,560 Speaker 1: confused here. What what what? What's the thinking here of 241 00:16:29,640 --> 00:16:34,520 Speaker 1: like these being somehow a valuable thing to have around 242 00:16:34,560 --> 00:16:37,760 Speaker 1: in the event of a nuclear holocaust. Here's the twist. 243 00:16:38,360 --> 00:16:43,120 Speaker 1: So Uncle Sam built a place called Mount Pony, and 244 00:16:43,280 --> 00:16:46,160 Speaker 1: the Federal is like a fun place. It sounds like 245 00:16:46,200 --> 00:16:52,240 Speaker 1: a weird pun. But the Federation of Americans get back 246 00:16:52,240 --> 00:16:55,360 Speaker 1: on the horse, you know, uh, the Federation of American 247 00:16:55,480 --> 00:16:59,760 Speaker 1: Scientists describe this. It's a pretty expensive thing. It's a 248 00:17:00,000 --> 00:17:04,200 Speaker 1: one hundred foot long bunker with steel reinforced concrete that's 249 00:17:04,200 --> 00:17:11,080 Speaker 1: a foot thick, and it's covered up, it's guarded. It's 250 00:17:11,119 --> 00:17:15,919 Speaker 1: a vault. Mounts Pony had a bunch of cash on hand. 251 00:17:16,720 --> 00:17:19,720 Speaker 1: No one knows how much, maybe two billion dollars cash, 252 00:17:19,840 --> 00:17:26,040 Speaker 1: maybe five billion. And the idea was that if there 253 00:17:26,200 --> 00:17:30,520 Speaker 1: was a huge disaster, a nuclear war, this place would 254 00:17:30,560 --> 00:17:34,000 Speaker 1: be a way to bring US currency back to the forefront. 255 00:17:35,119 --> 00:17:39,359 Speaker 1: And it was full of two dollars bills where they 256 00:17:39,400 --> 00:17:43,120 Speaker 1: stuffed in two mattresses. They were stuffed in concrete bunkers, 257 00:17:43,200 --> 00:17:45,720 Speaker 1: which is like the Cold War equivalent of a mattress. 258 00:17:45,760 --> 00:17:48,280 Speaker 1: I guess that's fair, that's fair. I would just think 259 00:17:48,640 --> 00:17:52,920 Speaker 1: at that point, I'd rather just have the bunker right 260 00:17:53,160 --> 00:17:57,280 Speaker 1: than the cash, right, Like I appreciate I appreciate it, guys, 261 00:17:57,359 --> 00:18:00,560 Speaker 1: but I could have just used some canned beans and 262 00:18:00,760 --> 00:18:05,240 Speaker 1: the space or or maybe a trip to that Oreo bunker, 263 00:18:05,320 --> 00:18:07,240 Speaker 1: remember that one that was one of the one of 264 00:18:07,280 --> 00:18:10,439 Speaker 1: the good bunkers, that's one of the good ones. Yeah, 265 00:18:10,480 --> 00:18:13,399 Speaker 1: it's way more fun than the seed bunker out there 266 00:18:13,400 --> 00:18:16,640 Speaker 1: in h what is that? Norway? That one's important though, 267 00:18:16,760 --> 00:18:19,880 Speaker 1: that one, that one that would argue way more valuable 268 00:18:19,920 --> 00:18:22,399 Speaker 1: than a bunker full of two dollar bills. All right, 269 00:18:22,600 --> 00:18:25,080 Speaker 1: as we as we know, money is made up anyway, 270 00:18:25,600 --> 00:18:28,080 Speaker 1: So it's like this idea of like, let's get the 271 00:18:28,080 --> 00:18:31,639 Speaker 1: currency back in play. I think there are more bigger 272 00:18:31,720 --> 00:18:34,879 Speaker 1: fish to fry in this in this nuclear scenario that 273 00:18:34,920 --> 00:18:38,160 Speaker 1: we're describing. Then let's get back to the two dollar bills. Yeah, 274 00:18:38,240 --> 00:18:43,639 Speaker 1: let's maintain the security of us back fiat currency. So, 275 00:18:43,720 --> 00:18:46,719 Speaker 1: speaking of which, you say fiat currency, and I've always 276 00:18:46,880 --> 00:18:49,960 Speaker 1: just been a little foggy on like, you know, I 277 00:18:50,000 --> 00:18:52,080 Speaker 1: know there's no gold standard. I know that, you know 278 00:18:52,200 --> 00:18:55,960 Speaker 1: cash money isn't technically backed by like some giant vault 279 00:18:56,000 --> 00:19:00,120 Speaker 1: full of gold bricks. But so what does fiat currency mean? 280 00:19:00,160 --> 00:19:03,680 Speaker 1: And like where does the value of cash actually come 281 00:19:03,760 --> 00:19:07,000 Speaker 1: from other than just a wish and a promise from 282 00:19:07,040 --> 00:19:11,680 Speaker 1: Uncle Sam. Well, let me give you, let's do two 283 00:19:12,840 --> 00:19:18,800 Speaker 1: optional definitions. Fiat currency generally is going to be any 284 00:19:18,840 --> 00:19:22,439 Speaker 1: currency that is not backed by a physical commodity, so 285 00:19:22,640 --> 00:19:27,400 Speaker 1: not tied to a gold standard, for instance. And I 286 00:19:27,440 --> 00:19:31,159 Speaker 1: would argue this might not be something all our fellow 287 00:19:31,200 --> 00:19:34,159 Speaker 1: ridiculous historians agree with me on. But I would argue 288 00:19:34,280 --> 00:19:38,280 Speaker 1: that the US currency, being the de facto reserve currency 289 00:19:38,280 --> 00:19:42,840 Speaker 1: of the world, is backed by the threat of the 290 00:19:42,960 --> 00:19:48,120 Speaker 1: US military. It's certainly a kind of a loan sharky 291 00:19:48,440 --> 00:19:53,040 Speaker 1: kind of way of enforcing, you know, the idea of value. 292 00:19:53,160 --> 00:19:54,800 Speaker 1: You know what I mean. It would be a shameless 293 00:19:54,840 --> 00:19:58,439 Speaker 1: something happened to your oops, snucked your vase off the 294 00:19:58,480 --> 00:20:03,320 Speaker 1: table there butter fingers, you know, the vase being your civilization. 295 00:20:04,640 --> 00:20:07,760 Speaker 1: Thank you. Yeah, go with me. So this uh, this 296 00:20:07,840 --> 00:20:12,120 Speaker 1: bunker mounts Pony, which is again a ridiculous name. It 297 00:20:12,160 --> 00:20:16,320 Speaker 1: looks to be an exercise and almost catch twenty two surrealism. 298 00:20:16,880 --> 00:20:21,080 Speaker 1: Nobody wanted the two dollar bills, so they had to 299 00:20:21,080 --> 00:20:25,080 Speaker 1: do something, and they said, we're preserving the world by 300 00:20:25,119 --> 00:20:29,479 Speaker 1: making these two dollar bills mean something in case of 301 00:20:29,480 --> 00:20:34,879 Speaker 1: a nuclear war. Now, now it's nuts, because if we 302 00:20:34,960 --> 00:20:40,320 Speaker 1: look at the two dollar bill today, there are so 303 00:20:40,359 --> 00:20:42,840 Speaker 1: many out there they still haven't caught on. I don't 304 00:20:42,880 --> 00:20:45,160 Speaker 1: think they're super popular. When's the last time you saw 305 00:20:45,240 --> 00:20:48,720 Speaker 1: one in the wild? And to my point earlier, just 306 00:20:48,760 --> 00:20:50,840 Speaker 1: about like I think, how we both, probably all three 307 00:20:50,840 --> 00:20:53,280 Speaker 1: of us probably grew up you know, thinking about two 308 00:20:53,280 --> 00:20:56,240 Speaker 1: dollar bills always, just as does keepsake, you know, or 309 00:20:56,320 --> 00:20:59,800 Speaker 1: some little kind of novelty. Right, But again, my idiot 310 00:21:00,240 --> 00:21:03,240 Speaker 1: brain kind of thought maybe it was like valuable, like 311 00:21:03,240 --> 00:21:05,400 Speaker 1: it was worth more, like what if it's worth three dollars, 312 00:21:05,480 --> 00:21:08,320 Speaker 1: you know, even that would be insane. But no, it's not. 313 00:21:08,720 --> 00:21:11,320 Speaker 1: It's not like a buffalo nickel or you know, even 314 00:21:11,440 --> 00:21:16,240 Speaker 1: like other kind of more value like slightly valuable vintage coins. Right. 315 00:21:16,359 --> 00:21:19,359 Speaker 1: A two dollar bill is still available, like you said, 316 00:21:19,400 --> 00:21:21,480 Speaker 1: you can get them at the bank if you ask. 317 00:21:21,600 --> 00:21:25,960 Speaker 1: And there's a really great article on wytv dot com 318 00:21:26,440 --> 00:21:28,560 Speaker 1: about the history of the two dollar bill that points 319 00:21:28,600 --> 00:21:31,760 Speaker 1: out that the lifespan of a one dollar bill is 320 00:21:31,760 --> 00:21:37,040 Speaker 1: only approximately eighteen months, but a two dollar bill lasts 321 00:21:37,040 --> 00:21:42,400 Speaker 1: about six years because people don't spend them. Yeah, and hey, 322 00:21:42,480 --> 00:21:46,119 Speaker 1: shout out to the older one dollar bills. Whenever I 323 00:21:46,160 --> 00:21:51,000 Speaker 1: see a one dollar bill, that small guy, right, yeah, small, Yeah, 324 00:21:51,119 --> 00:21:55,360 Speaker 1: it's older. I love him. I love him. One of 325 00:21:55,400 --> 00:22:02,959 Speaker 1: my family members, somewhat new and sculptor or collected a 326 00:22:02,960 --> 00:22:06,480 Speaker 1: lot of currency because he was a very, very weird dude, 327 00:22:06,920 --> 00:22:10,760 Speaker 1: and I didn't recognize the history he was showing me 328 00:22:10,960 --> 00:22:15,960 Speaker 1: with his again, very strange collection. And the two dollar 329 00:22:16,040 --> 00:22:21,840 Speaker 1: bill now is still occasionally printed because, like you said, nold, 330 00:22:21,880 --> 00:22:27,760 Speaker 1: people will request it at banks. But also there's not 331 00:22:27,880 --> 00:22:31,399 Speaker 1: a big support structure for them, Like your average cash 332 00:22:31,480 --> 00:22:34,800 Speaker 1: register doesn't have a slot for a two dollar bill. 333 00:22:34,880 --> 00:22:39,359 Speaker 1: What is it? Ones, fives, tens, twenties, and the big 334 00:22:39,400 --> 00:22:43,360 Speaker 1: the big bucks they go. Yeah, and that's probably where 335 00:22:43,359 --> 00:22:47,600 Speaker 1: the two dollar bills go. But of course two dollar 336 00:22:47,680 --> 00:22:52,520 Speaker 1: bills have become a kind of social currency as much 337 00:22:52,560 --> 00:22:58,040 Speaker 1: as a currency currency. Wow, that was a bad job 338 00:22:58,080 --> 00:23:02,680 Speaker 1: because I speak English apparently not fluently. No, no, not degrade, 339 00:23:02,760 --> 00:23:12,320 Speaker 1: You got that. That's all that matters. People tip two 340 00:23:12,359 --> 00:23:16,520 Speaker 1: dollar bills to be remembered, which is why they are 341 00:23:16,600 --> 00:23:20,720 Speaker 1: popular in dancing halls, for instance, or why they're popular 342 00:23:21,359 --> 00:23:26,320 Speaker 1: in certain restaurants, would be the diplomatic way to phrase it. Yeah, 343 00:23:26,359 --> 00:23:29,240 Speaker 1: And speaking of being diplomatic, we did leave out the 344 00:23:29,280 --> 00:23:34,200 Speaker 1: fact that two dollars was the going rate for a 345 00:23:35,359 --> 00:23:38,720 Speaker 1: dalliance with a sex worker. Let us just say, back 346 00:23:38,720 --> 00:23:40,399 Speaker 1: in the early days of two dollar bills, so they 347 00:23:40,440 --> 00:23:46,240 Speaker 1: were sometimes referred to as a pejorative for the sex 348 00:23:46,280 --> 00:23:52,359 Speaker 1: worker bill, right or notes. Yeah, the double the word. 349 00:23:52,400 --> 00:23:55,479 Speaker 1: We don't say it because it's gross. It's gross. And also, 350 00:23:55,720 --> 00:24:00,440 Speaker 1: gamblers used to get paid their winnings entirely in two 351 00:24:00,480 --> 00:24:04,240 Speaker 1: dollar bills. So there's the thing. There's this whole group 352 00:24:04,280 --> 00:24:09,320 Speaker 1: of people, the whole community that wants to bring back 353 00:24:09,440 --> 00:24:13,920 Speaker 1: the two dollar bill. One blog about this is called 354 00:24:14,160 --> 00:24:17,120 Speaker 1: two Buckaroo, and I think we talked about this in 355 00:24:17,160 --> 00:24:20,719 Speaker 1: the past. The idea is that you save, like you 356 00:24:20,760 --> 00:24:23,240 Speaker 1: can save the two dollar bill and keep the US 357 00:24:23,359 --> 00:24:27,520 Speaker 1: Treasury printing it, not just by secreting them away, but 358 00:24:27,760 --> 00:24:33,280 Speaker 1: by spending them actively. What's the name again for people 359 00:24:33,320 --> 00:24:38,680 Speaker 1: that collect currency not a philists. Yeah, that's that's a 360 00:24:38,800 --> 00:24:41,400 Speaker 1: fun one. And then and then then there's the one 361 00:24:41,560 --> 00:24:44,280 Speaker 1: for coins that we talked about a previous episode that 362 00:24:44,600 --> 00:24:48,680 Speaker 1: neither one of us quite got right off. It's it's newmismatists, 363 00:24:48,840 --> 00:24:52,800 Speaker 1: new Smiths matists. Yeah, I knew it was a silly 364 00:24:52,880 --> 00:24:57,080 Speaker 1: goofy word. Um, but that two dollar bill documentary actually, 365 00:24:57,080 --> 00:25:00,199 Speaker 1: which is available on YouTube, and it's pretty great. It 366 00:25:00,280 --> 00:25:02,440 Speaker 1: is pretty good, and it does kind of go into 367 00:25:02,480 --> 00:25:05,360 Speaker 1: some of the more like you know, niche sort of 368 00:25:05,359 --> 00:25:07,879 Speaker 1: communities of folks that really take the stuff seriously. I 369 00:25:07,920 --> 00:25:13,560 Speaker 1: don't think we mentioned that YouTube. Fighter jet pilots typically 370 00:25:13,600 --> 00:25:16,320 Speaker 1: will carry a two dollar bill on them, I guess, 371 00:25:16,320 --> 00:25:18,560 Speaker 1: because you know there's a two in the name of 372 00:25:18,600 --> 00:25:22,600 Speaker 1: their plane. Yeah, and we want to close by shalonaar 373 00:25:22,680 --> 00:25:28,120 Speaker 1: Pale Matthew zach Led who uses about seven thousand two 374 00:25:28,160 --> 00:25:33,280 Speaker 1: dollar bills per year entirely because he believes this will 375 00:25:33,600 --> 00:25:40,840 Speaker 1: quote create meaningful interactions and otherwise mundane encounters that seems 376 00:25:40,880 --> 00:25:48,000 Speaker 1: like it is triggering a social hack of of some sort. 377 00:25:48,240 --> 00:25:53,200 Speaker 1: And there are I would say, there are many more 378 00:25:53,359 --> 00:25:59,479 Speaker 1: examples of the two dollar bill as social currency, Like 379 00:25:59,560 --> 00:26:04,240 Speaker 1: it's not uncommon to see mentions of two dollar bills 380 00:26:04,520 --> 00:26:10,119 Speaker 1: in human interest stories throughout the nineteen eighties even to 381 00:26:10,200 --> 00:26:12,919 Speaker 1: the present day. No. No, if we look at the 382 00:26:12,960 --> 00:26:15,919 Speaker 1: news on two dollar bills just now, just so a 383 00:26:15,960 --> 00:26:20,600 Speaker 1: little quick internet search, do we see anything interesting? Uh? Yeah, yeah, 384 00:26:20,640 --> 00:26:23,920 Speaker 1: we do. Ben It goes against pretty much everything I've 385 00:26:24,000 --> 00:26:27,040 Speaker 1: been saying at this point about two dollar bills being 386 00:26:27,080 --> 00:26:30,600 Speaker 1: like you know, kind of run of the mill, not 387 00:26:30,640 --> 00:26:34,960 Speaker 1: necessarily worth anything, not really collectors items, not everything. But 388 00:26:35,040 --> 00:26:41,560 Speaker 1: apparently there are some very specific two dollar notes that 389 00:26:41,640 --> 00:26:46,080 Speaker 1: are worth upwards of forty five hundred dollars, it says 390 00:26:46,119 --> 00:26:50,440 Speaker 1: here on an article on Massachusetts Live dot com. For 391 00:26:50,560 --> 00:26:52,959 Speaker 1: most of the history two dollar notes of unpopular beeview 392 00:26:53,080 --> 00:26:57,400 Speaker 1: is unlucky. But there are these kind of pre reissue 393 00:26:57,440 --> 00:27:00,600 Speaker 1: from that reissue we were talking about, where there are 394 00:27:00,640 --> 00:27:04,120 Speaker 1: certain two dollar bills that have a red seal, those 395 00:27:04,160 --> 00:27:08,359 Speaker 1: that were printed before in eighteen ninety and then uncirculated. 396 00:27:09,320 --> 00:27:13,520 Speaker 1: Those if you see one, could be worth around forty 397 00:27:13,560 --> 00:27:16,719 Speaker 1: five hundred bucks. There are other general bills with this 398 00:27:16,800 --> 00:27:21,080 Speaker 1: red seal that aren't quite reaching, you know, fetching those, 399 00:27:21,320 --> 00:27:23,680 Speaker 1: but if they're the last prices thirty years, they're still 400 00:27:23,720 --> 00:27:27,520 Speaker 1: worth hundreds three hundred bucks to twenty five hundred. There 401 00:27:27,520 --> 00:27:30,679 Speaker 1: are some other types of seals, brown or blue, that 402 00:27:30,840 --> 00:27:35,000 Speaker 1: are also worth several hundreds. So disregard what I said 403 00:27:35,000 --> 00:27:37,719 Speaker 1: in general, most of them, Yeah, they're they're they're not. 404 00:27:37,840 --> 00:27:41,400 Speaker 1: That's the kicker is they're not rare, but they're not 405 00:27:41,520 --> 00:27:45,280 Speaker 1: like common either. It's well, but if you that's I 406 00:27:45,320 --> 00:27:49,120 Speaker 1: think that's the most important part for us here and 407 00:27:49,280 --> 00:27:53,040 Speaker 1: for you. Let's stay at home, fellow ridiculous historians. No 408 00:27:53,080 --> 00:27:56,840 Speaker 1: matter how much your two dollar bill is actually worth, 409 00:27:57,320 --> 00:28:00,800 Speaker 1: it's only worth two dollars at the cash regis, So 410 00:28:00,960 --> 00:28:04,280 Speaker 1: do do take caution. It is worth your time. You 411 00:28:04,280 --> 00:28:08,320 Speaker 1: can check out places like the US Currency Auctions website 412 00:28:08,520 --> 00:28:11,840 Speaker 1: or USCA, which will give you a list of exactly 413 00:28:11,840 --> 00:28:16,000 Speaker 1: what Noel's talking about here. It's kind of weird, you 414 00:28:16,040 --> 00:28:18,800 Speaker 1: know what I mean, Like, maybe that is part of 415 00:28:18,840 --> 00:28:22,600 Speaker 1: the appeal when people are paying with a two dollar bill. 416 00:28:22,800 --> 00:28:27,359 Speaker 1: Maybe I'm secretly giving you thousands of dollars. I don't know. 417 00:28:27,680 --> 00:28:31,080 Speaker 1: Are people thinking that way? You know? I'm not sure, 418 00:28:31,240 --> 00:28:34,000 Speaker 1: but I will say I do think the idea of 419 00:28:34,040 --> 00:28:40,320 Speaker 1: like laundering money through like really really rare stamps or 420 00:28:40,360 --> 00:28:44,360 Speaker 1: you know, currency or coins or whatever is really interesting. 421 00:28:44,760 --> 00:28:46,959 Speaker 1: I just wanted to give a film recommendation. I think 422 00:28:46,960 --> 00:28:48,400 Speaker 1: we talked about this, but I've been on this kind 423 00:28:48,400 --> 00:28:51,720 Speaker 1: of noir kick lately and watched a film called Charade 424 00:28:51,960 --> 00:28:55,200 Speaker 1: starring Audrey Hepburn and Carrie Grant's like a sixties kind 425 00:28:55,200 --> 00:28:58,920 Speaker 1: of romance, thriller, noir kind of thing, and it involves 426 00:28:58,920 --> 00:29:02,560 Speaker 1: a plot of about stealing a large amount of money 427 00:29:02,560 --> 00:29:04,959 Speaker 1: and hiding it in an unusual place. That's all I'm 428 00:29:04,960 --> 00:29:10,120 Speaker 1: gonna say. That's perfect. And in this case, we're going 429 00:29:10,200 --> 00:29:13,240 Speaker 1: to have to stop and count all of our two 430 00:29:13,320 --> 00:29:20,200 Speaker 1: dollar bills? Which one two right right right? Or two 431 00:29:20,360 --> 00:29:23,480 Speaker 1: four six eight. We want to give a special thanks 432 00:29:23,480 --> 00:29:28,920 Speaker 1: to everybody who helps this show exist. Mister Max Williams 433 00:29:28,960 --> 00:29:34,080 Speaker 1: our super producer. Max, what's your two dollar bill experience? 434 00:29:34,280 --> 00:29:37,280 Speaker 1: We ask you today? Oh? I love them the best? 435 00:29:38,040 --> 00:29:43,560 Speaker 1: All right, so Max is sketchy pro produce, maxis produce, 436 00:29:44,080 --> 00:29:48,760 Speaker 1: super producer producer it. Um, yeah, it wasn't really, but 437 00:29:48,800 --> 00:29:51,440 Speaker 1: thank you. I appreciate the gesture. There is a guy, though, 438 00:29:51,480 --> 00:29:55,280 Speaker 1: to to continue with this extended wrap up, who is 439 00:29:55,720 --> 00:30:00,840 Speaker 1: pushing for more wide adoption of dollar bills. It's just 440 00:30:00,960 --> 00:30:03,320 Speaker 1: the guy who's Actually it would make sense who this 441 00:30:03,320 --> 00:30:06,120 Speaker 1: guy is. He is, in fact a curator at the 442 00:30:06,160 --> 00:30:09,920 Speaker 1: American Numismatic Society, a guy with the name of Jesse 443 00:30:10,080 --> 00:30:15,520 Speaker 1: Kraft that he describes this dollar bill very suc saftly. Thusly, 444 00:30:16,080 --> 00:30:18,040 Speaker 1: there is a degree of popularity to them, there is 445 00:30:18,040 --> 00:30:20,400 Speaker 1: a sense of excitement. But as far as putting them 446 00:30:20,400 --> 00:30:23,880 Speaker 1: back in the circulation, that's the key that's missing. And 447 00:30:23,920 --> 00:30:26,600 Speaker 1: he has a good argument about he has a good 448 00:30:26,680 --> 00:30:31,320 Speaker 1: argument about the cost to the treasury again and still 449 00:30:31,400 --> 00:30:34,560 Speaker 1: about half as expensive for the Treasury to print a 450 00:30:34,560 --> 00:30:38,320 Speaker 1: two dollar bill than it is for other denominations. And 451 00:30:38,400 --> 00:30:42,320 Speaker 1: now a two dollar bill isn't like you know, your mortgage, 452 00:30:42,600 --> 00:30:45,080 Speaker 1: you know, or like like like what is it a 453 00:30:45,160 --> 00:30:49,760 Speaker 1: quarter of your of your monthly income. So you know, yeah, 454 00:30:49,760 --> 00:30:52,440 Speaker 1: I'm all about it, but we haven't really talked about 455 00:30:52,440 --> 00:30:54,160 Speaker 1: the fact that we did a little bit of the top. 456 00:30:54,280 --> 00:30:56,600 Speaker 1: You know, cash is just becoming less and less popular. 457 00:30:56,840 --> 00:30:59,479 Speaker 1: There are places that actively don't accept cash, unless you're 458 00:30:59,480 --> 00:31:03,280 Speaker 1: in New York, where people either only take cash or 459 00:31:03,360 --> 00:31:07,680 Speaker 1: take note cash right and most in most of the 460 00:31:07,720 --> 00:31:12,680 Speaker 1: world still cash in some version is king. So I'm 461 00:31:12,720 --> 00:31:16,720 Speaker 1: gonna restart an ending and thank mister Max Williams. Max, 462 00:31:16,760 --> 00:31:19,080 Speaker 1: I'm sorry I call I called you sketchy. I just 463 00:31:19,120 --> 00:31:21,200 Speaker 1: thought it was a fun bit. Do you do you 464 00:31:21,240 --> 00:31:23,560 Speaker 1: find yourself sketchy? Do you find yourself in a lot 465 00:31:23,560 --> 00:31:27,400 Speaker 1: of two dollar bill situations? I can neither confirm nor 466 00:31:27,520 --> 00:31:31,240 Speaker 1: deny that class. I have seen sketching in little notebooks 467 00:31:31,240 --> 00:31:34,200 Speaker 1: from time to time. I have seen you counting in 468 00:31:34,280 --> 00:31:38,080 Speaker 1: twos as well, So let's let's do our thank yous 469 00:31:38,080 --> 00:31:41,680 Speaker 1: and two's thanks to Jonathan strangling to aka the Quister. 470 00:31:42,080 --> 00:31:46,240 Speaker 1: Thanks to you, Noel Brown. Um, I guess collectively we 471 00:31:46,320 --> 00:31:50,640 Speaker 1: would be a three dollar bill. Yeah, I'll go with that. Hey, Well, 472 00:31:50,880 --> 00:31:53,480 Speaker 1: as an idea, we should we should fill out a 473 00:31:53,520 --> 00:31:55,840 Speaker 1: comment card and send it to the Treasury see if 474 00:31:55,800 --> 00:31:58,640 Speaker 1: they'll see if they'll go with our idea three dollar bills, 475 00:31:58,680 --> 00:32:08,440 Speaker 1: why not. We'll see you next time, folks. For more 476 00:32:08,480 --> 00:32:12,000 Speaker 1: podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, or 477 00:32:12,040 --> 00:32:14,080 Speaker 1: wherever you listen to your favorite shows.