Yznhymr • Jun 3, 2007 9:14 pm
This is something I have never been able to deduce, and to be honest, the Fed Gov't probably doesn't want the average Joe to know this, but...does anyone know how much revenue is generated for each dollar bill created by the Treasury? Is it something like $200 in taxes for the average life of a dollar bill? Is it more? Looking for an educated answer here.
PS. THE LIFESPAN OF MONEY: The average life of a dollar bill is eighteen to twenty-two months. Five dollar bills last about fifteen months, with twenties remaining in circulation for two years. Ten dollar bills have about the same lifespan as singles do, and the larger denomination bills can last up to eight years.
PS. THE LIFESPAN OF MONEY: The average life of a dollar bill is eighteen to twenty-two months. Five dollar bills last about fifteen months, with twenties remaining in circulation for two years. Ten dollar bills have about the same lifespan as singles do, and the larger denomination bills can last up to eight years.