What are the economic consequences (if any) of releasing a bill higher than $100?

Question

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

Answer 1

I assume that by government you mean the US government. Because other governments HAVE released bills bigger than 100 units of the currency.

Fun fact the US used to have a $1000 bill, that was used for large bank transactions before electric transfers.

There is nothing stopping them from doing this, and if they feel that people would benefit from them, they likely would.