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<p>[QUOTE="gxseries, post: 79502, member: 4373"]I honestly think the printing bureau does take the value of US paper money very seriously. You must also not forget that the world isn't just US alone but also US paper bills are used overseas, from Russia to other small countries. And note that when travellers travel to such countries, they obviously don't bring too many small denomination notes but bigger denominations. Of course, there are plenty of stories that there are quite a fair bit of stores in the US don't take such big bills etc but that's how the rest of the world and probably criminal worlds work. There are plenty of countries that don't accept 100 dollar bills that are any older than 1996 if I am not mistaken. Therefore the bigger denomination notes are first priorized. </p><p><br /></p><p>As for the lower denomination, why are there no new designs for now? Let's go back to the issue of US notes circulating worldwide especially the poor people. These people and in some cases, children, work less than 1 dollar at quite extreme countries and if you introduced something new, they fear that these might be fake notes instead. Indeed, you might think it is a laughing matter but if you see the paronia of their faces, it will give you a lasting effect. I remembered this when the US dollar was modified around 96. Some money changers refused to exchange it and I had to bring it to the banks for a horrible exchange rate. </p><p><br /></p><p>Therefore, my best guess is that by introducing the higher denomination value first, it will first sink into the people's image that the design of US dollars have changed.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 79502, member: 4373"]I honestly think the printing bureau does take the value of US paper money very seriously. You must also not forget that the world isn't just US alone but also US paper bills are used overseas, from Russia to other small countries. And note that when travellers travel to such countries, they obviously don't bring too many small denomination notes but bigger denominations. Of course, there are plenty of stories that there are quite a fair bit of stores in the US don't take such big bills etc but that's how the rest of the world and probably criminal worlds work. There are plenty of countries that don't accept 100 dollar bills that are any older than 1996 if I am not mistaken. Therefore the bigger denomination notes are first priorized. As for the lower denomination, why are there no new designs for now? Let's go back to the issue of US notes circulating worldwide especially the poor people. These people and in some cases, children, work less than 1 dollar at quite extreme countries and if you introduced something new, they fear that these might be fake notes instead. Indeed, you might think it is a laughing matter but if you see the paronia of their faces, it will give you a lasting effect. I remembered this when the US dollar was modified around 96. Some money changers refused to exchange it and I had to bring it to the banks for a horrible exchange rate. Therefore, my best guess is that by introducing the higher denomination value first, it will first sink into the people's image that the design of US dollars have changed.[/QUOTE]
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