each denomination, including the Bank of issue for $500-$10,000 notes. The Richmond Reserve Bank will credit the Treasury's General Account for the total and debit notes outstanding. The Federal Reserve Banks are responsible for reimbursement to the Treasury for retirement of Federal Reserve currency. Each quarter the Treasury forwards to the Board a voucher, indicating the actual cost for services performed relative to the retirement of Federal Reserve currency during the previous quarter. Board staff calculates the pro rata amount of each Reserve Bank's assessment based on the Bank's share of the number of notes comprising the System's net liability for Federal Reserve notes outstanding on December 31 of the previous year. Reserve Bank assessment entries will be processed via Same Day Settlement by the Richmond Reserve Bank according to information reported on to the Board." But again, the cash doesn't go into the Treasury's cash vault, so I think that Warren's point holds, which is being asserted against claims like the president's that the government is "going bankrupt" or "running out of money." One hyperbole against another. (Obviously tax payments must be recorded, but not the fact that they were sourced from cash) anon Reply: August 8th, 2010 at 4:19 pm Tom Hickey, The entire global financial system is a spreadsheet. Don't you think people have cottoned on to the fact that their banks use computers now? Tom Hickey Reply: August 8th, 2010 at 7:53 pm Anon: " The entire global financial system is a spreadsheet. Don't you think