Why hasn’t the government released bills bigger than $100, considering the various products nowadays that go above $1000? What kind of changes will we see and what kind of impact would it have?
Edit: By government, I mean US Government. thanks for pointing the ambiguity out!
In: Economics
No consequences since most banking is electronic transfers nowadays. Cash larger than $100 denomination is no longer issued by the us treasury. Highest value notes are held by collectors, investors and are still legal to own.
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