Skip to main content

Black Listed News
Trending Articles:
Trending Articles:

Philadelphia Federal Reserve Is Literally Burning Dollar Bills For Energy

Published: January 5, 2015
Share | Print This


Money is literally cheaper to burn, and the printing press, aka the Philly Fed is doing just that.

The Antimedia reports:
´╗┐It is actually a fairly decent idea, but the fact that the Philadelphia Federal Reserve is literally burning money to create electricity and heat is surely one of the most ironic stories to hit the news in quite a while.

According to the Wall Street Journal, The Federal Reserve takes back in nearly 5 thousand tons of trash dollar bills that are worn and no longer usable.

Just a few years ago, the vast majority of this trash money ended up in landfills, while luckily today most of it is recycled.

Different Federal Reserve locations have been experimenting with different methods of recycling, and in Philadelphia they are actually just burning the old money and converting it into heat.

“Rather than just sitting in a landfill, it’s producing electricity for residents in the Delaware Valley, here in our district,” a representative of the Federal Reserve Bank of Philadelphia told the Wall Street Journal.

Now if they could actually burn all of the money in circulation, and allow free people to discover their own alternatives, then we may actually start to make some economic progress.

Share This Article...



Image result for patreon

Emigrate While You Still Can!

Loading...


Image result for patreon


PLEASE DISABLE AD BLOCKER TO VIEW DISQUS COMMENTS

Ad Blocking software disables some of the functionality of our website, including our comments section for some browsers.





Login with patreon to gain access to perks!

SIGN UP TO GET BLACKLISTED NEWS DELIVERED RIGHT TO YOUR INBOX

Enter your email address:




More Blacklisted News...

Blacklisted Radio
Blacklisted Nation
On Patreon
On Gab
On Twitter
On Reddit
On Facebook
Blacklisted Radio:
Republic Broadcasting
Podcasts on Youtube
Podcasts on Demand
On Iheart Radio
On Spreaker
On Stitcher
On iTunes
On Tunein

Our IP Address:
198.245.55.242

Sponsors:
Garden office

good
longboard
brands


Advertise Here...






BlackListed News 2006-2019
Privacy Policy
D.M.C.A. - Fair Use