Joan Lunden Behind Closed Doors: U.S. Treasury

Every year, more than $555 billion circulates in the United States. From the US Mint, making coins... to the Bureau of Engraving and Printing, making cash... to the Federal Reserve, distributing it all, Joan was given unprecedented access to follow the money from start to finish. Joan goes into the printing rooms at the BEP where high speed presses work 24/7 making millions of dollars worth of new money. She reveals a little known area of the Bureau where they handle they handle old money... old, moldy, ripped, torn, burned and chewed money. If a person has money that's so badly damaged a bank won't accept it, they can mail it here. If examiners can piece it together or figure out how much is there, they'll send out a check for the full amount.
Then Joan follows the money to the Federal Reserve Bank in Philadelphia. Their job: to supply enough cash to meet ongoing demand. Think of it as a bank for the banks. It is one of the twelve Federal Reserve banks across the country responsible for distributing and storing billions of dollars of cash. Joan walks through the massive two story vault that holds bins stacked to the ceiling with cash... more than $6 billion dollars that day.
Then Joan's on the production floor of the U.S. Mint in Philadelphia, where it sounds like thousands of slot machines hitting the jackpot. Finally, Joan gets inside the vaults where the government stores our gold. No, it's not Fort Knox. It's another fortress, but this one is on the grounds of the elite military academy at West Point, New York. Joan goes inside the U.S. Mint at West Point, where our government not only houses nearly one quarter of the nation's gold reserves... but 32 million dollars in silver and nearly 73 million dollars in platinum. They're not just guarding the precious metals. They have an entire manufacturing operation making investment quality coins from some of metals.

Видео Joan Lunden Behind Closed Doors: U.S. Treasury канала JoanLunden