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I give up on lobbying for the return of large denom FRNs
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<p>[QUOTE="urbanchemist, post: 933903, member: 13080"]non taken but i would think its just easier for the retailer to take credit cards instead of such a large note. they can also offer there on credit card and then make money on interest. i just recently left my job at a bank after 3 1/2 years and i saw how even many customers didnt want bills over $50. there is a big risk they are taking carrying such large currency around. i just dont see large denominations coming back. its just not cost effective for the US to go and spends hundreds of millions of dollasr to design new currency along with having to come up with new technologies to help prevent counterfeiting just so people can by a tv or refrigerator with a large denomination note. also those notes would also only be available to those that actually have the money to spend like that. people just dont have as much money to spend as they use to. trust me i am a huge paper currency collector so i would hate to see paper money fizzle out. i just dont think large denominations make much sense anymore. just my .02 <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="urbanchemist, post: 933903, member: 13080"]non taken but i would think its just easier for the retailer to take credit cards instead of such a large note. they can also offer there on credit card and then make money on interest. i just recently left my job at a bank after 3 1/2 years and i saw how even many customers didnt want bills over $50. there is a big risk they are taking carrying such large currency around. i just dont see large denominations coming back. its just not cost effective for the US to go and spends hundreds of millions of dollasr to design new currency along with having to come up with new technologies to help prevent counterfeiting just so people can by a tv or refrigerator with a large denomination note. also those notes would also only be available to those that actually have the money to spend like that. people just dont have as much money to spend as they use to. trust me i am a huge paper currency collector so i would hate to see paper money fizzle out. i just dont think large denominations make much sense anymore. just my .02 :D[/QUOTE]
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I give up on lobbying for the return of large denom FRNs
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