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Federal Reserve Note: Definition, Lifespan, and Features
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Ultra-high denomination notes are among the most desirable numismatic items available, and this high quality $5000 Federal Reserve Note from the Chicago District is no exception. The $5000 face value of this note can ignite fascinating dialogue as the amount of money it represented during its circulation period was roughly the equivalent to $85,000 in today's money. The Chicago Federal Reserve District saw just 6,600 notes printed of this denomination and series date. It has been awarded a grade
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Federal Reserve Note: Unconditional Promise to Pay WHAT? See the full show that this clip comes from at: https://www.youtube.com/watch?v=AqSONXvMhOg Sign up for the entire free Contract Killer Course at: https://onestupidfuck.com/contractkillercourse Understanding the complex relationship between the U.S. Treasury and the Federal Reserve. It's all about promissory notes, where the Treasury promises to pay back the Federal Reserve in the future. "$20 of God knows what" is what it comes down to. T
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