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<p>[QUOTE="scottishmoney, post: 1270061, member: 12789"]I like the notion of $500 and $1000 bills, but face it - there is practically no viable reason for them to be issued. I never have that much cash or need it. If I buy groceries I write a cheque, if I buy petrol I use a credit card. At this point the only benefactors would be people in the illicit trades, ie drugs, prostitution, government bribes etc. Why make it easier for people like former New York Governor Elliot Spitzer to not get caught? He got caught when the Feds investigated all the suspicious wire transfers to front companies for Emperor Club VIP.</p><p><br /></p><p>Large denomination bills were useful back in the days before electronic banking, credit cards etc. But I hate to say, the vast majority of citizens never saw them, let alone even knew they existed back in the day. Relatives of mine that lived during the time they were used were excited to even see a $20 bill - a huge amount of money during the Great Depression.[/QUOTE]</p><p><br /></p>
[QUOTE="scottishmoney, post: 1270061, member: 12789"]I like the notion of $500 and $1000 bills, but face it - there is practically no viable reason for them to be issued. I never have that much cash or need it. If I buy groceries I write a cheque, if I buy petrol I use a credit card. At this point the only benefactors would be people in the illicit trades, ie drugs, prostitution, government bribes etc. Why make it easier for people like former New York Governor Elliot Spitzer to not get caught? He got caught when the Feds investigated all the suspicious wire transfers to front companies for Emperor Club VIP. Large denomination bills were useful back in the days before electronic banking, credit cards etc. But I hate to say, the vast majority of citizens never saw them, let alone even knew they existed back in the day. Relatives of mine that lived during the time they were used were excited to even see a $20 bill - a huge amount of money during the Great Depression.[/QUOTE]
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