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Why the Washington Times doesn't want Reagan's face on the $100 bill

Why the Washington Times doesn't want Reagan's face on the $100 bill

An editorial in Monday's Washington Times argues that the Treasury Department should redesign the $500 to include the face of former president Ronald Reagan. Why the $500?

"Bills bigger than the $100 note are no longer in circulation, but the $500 bill could be revived with Mr. Reagan replacing William McKinley," the editorial says, "a sound-money Republican replacing a sound-money Republican."

As for not replacing any of the other dollar bills, especially the $100:

Nobody wants to evict George Washington from his place on the dollar bill, or Thomas Jefferson from the $2 (which has never caught on anyway, except at racetracks), Abraham Lincoln from the $5, Alexander Hamilton (the first Treasury secretary) from the $10, or Benjamin Franklin from the $100 note. Putting the Gipper on the $100 would require “the street” to no longer conduct its business in “Benjamins,” but deal out “Ronalds.”

@eScarry

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