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<p>[QUOTE="Drago the Wolf, post: 1288343, member: 22476"]Okay, here I go again. I know that this is off topic, but it IS about SAVING MONEY. </p><p><br /></p><p>Some of you are saying "Get rid of the $1 (and some say $2) bill(s) for $1 (and $2) coin(s). And some of you are saying, "Keep the $1 bill around and let people have their "choice" Then there are those of you who talk about using credit and debit and checks instead of cash completely because we are going to a cashless society anyway, which I do NOT want.</p><p><br /></p><p>So, why is it such a bad idea that the government is not looking at printing a denomination currency note larger than the $100 bill? Okay, okay, forget the U.S. "general public". Okay? FORGET 'em! But with all of these supposed DEMAND especially overseas for $100 bills rapidly growing and the prices increasing in each $100 bill they print because of new anti-counterfeiting features being added every so often or so many years, and because people over there ARE used to using large denominations due to 200 and 500 Euro notes being in circulation, and I DO NOT know JUST "WHAT" the U.S. does by shipping all of those U.S. $100 Federal Reserve notes overseas, but obviously, they are serving some sort of purpose over there, and whether its organized crime or not, there are STILL EVEN LARGER Euros circulating in those countries, and also, take into account that, if the BEP ever solves the creasing problem in the new $100 FRN paper on the printing press and gets those suckers into circulation BEFORE the next currency redesign, which I've heard rumored to be set up to start in 2013 or 2014, WHY, WHY NOT print AT LEAST a $200 and a $500 U.S. FRN, but like I said, why even stop there, when the 500 Euro is worth WAY more than $500 USD$? Why not stop at a $1,000 FRN, to show that WE as a country, are NOT afraid, as a country show some courage and that WE are NOT afraid to do things "because someone may do something "naughty" with those $1,000 bills"? And why not show that we CAN print a STRONGER currency? The $500 FRN would compete with the 200 Euro note, the $1,000 FRN would compete with the 500 Euro note, and the $200 FRN would be there to make a smaller gap between $100 and $500 and thus, saving EVEN MORE money on printing less $100 FRNs and to easier make change for $500 and/or $1,000 FRNs in places that deal with breaking large bills for other large bills, like casinos, jewelry stores and electronics stores and such?</p><p><br /></p><p>But like I said, why not have a few $200, $500 and $1,000 bills available at banks for those who should have a "choice" just like the "$1 Bill Vs. Dollar Coin" issue, and use them mainly at casinos and large and expensive mechandise stores, and ship the majority of them overseas for whatever they do with large denomination currency over there. And Yes, you should be able to order a few $1,000s or whatever you desire if your bank does not, which it should, have at LEAST a FEW $500 and $1,000 bills available, and even more $200 bills than those two denominations. The one argument I got years ago, was that, some banks are not going to want to keep a strap of $20,000 in $200 FRNs or $50,000 in $500 FRNs and/or $100,000 in a strap of $1,000 FRNs, but why not? They are BANKS. But some people claimed it would encourage more bank robberies to pick up again. They said banks don't get robbed as much anymore, due to most methods of pay being electronic now. But still, does a bank "have" to keep a full strap of these large denominations? NO. Only maybe a half a strap of each, but like I said, every bank I talk to, be it tellers or their manager, they say they love my ideas for the return of these big bills, as well as a widely circulating U.S. half, $1, $2 and even $5 coin. They have also supported scrapping the penny, and even my idea of scrapping the penny, nickel, and quarter and issuing a 20 cent coin to replace it, and rounding to the nearest dime. Something I'm sure many Americans would oppose. I mean, you could lose up to 4 cent per transaction you make, and them 4 cents are big pickin's to many, still.</p><p><br /></p><p>Oh, and one more thing about "electronic methods" of payment. They are talking about starting to CHARGE people MONEY for using their OWn money on debit cards, and my brother, who has been a LONG TIME DEBIT USER says he will be going back to cash if that happens, and THAT is what these credit and debit card companies want. They want NO MORE cash so that they can FORCE extra money out of you. Like I said, there still IS a demand for larger denominations of U.S. currency, and if you can't deal with it here, then, they STILL want it overseas. Also $1,000 bills are credit fraud and identity theft proof, even if you could lose them or get mugged. Just don't go walking around in public saying, "I've got a $1,000 bill, a $500 bill, and two $200 bills to pay for this cool $1,900 sterio system at Best Buy" or something like that. Keep it to yourself and you would most likely never be detected, until the money is spent at the store and all you have to worry about, is someone stealing your "new sterio system" instead. Which would be a little harder to steal.</p><p><br /></p><p>What do they do with our $100 bills overseas, anyway? Can someone here enlighten me? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie5" alt=":confused:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1288343, member: 22476"]Okay, here I go again. I know that this is off topic, but it IS about SAVING MONEY. Some of you are saying "Get rid of the $1 (and some say $2) bill(s) for $1 (and $2) coin(s). And some of you are saying, "Keep the $1 bill around and let people have their "choice" Then there are those of you who talk about using credit and debit and checks instead of cash completely because we are going to a cashless society anyway, which I do NOT want. So, why is it such a bad idea that the government is not looking at printing a denomination currency note larger than the $100 bill? Okay, okay, forget the U.S. "general public". Okay? FORGET 'em! But with all of these supposed DEMAND especially overseas for $100 bills rapidly growing and the prices increasing in each $100 bill they print because of new anti-counterfeiting features being added every so often or so many years, and because people over there ARE used to using large denominations due to 200 and 500 Euro notes being in circulation, and I DO NOT know JUST "WHAT" the U.S. does by shipping all of those U.S. $100 Federal Reserve notes overseas, but obviously, they are serving some sort of purpose over there, and whether its organized crime or not, there are STILL EVEN LARGER Euros circulating in those countries, and also, take into account that, if the BEP ever solves the creasing problem in the new $100 FRN paper on the printing press and gets those suckers into circulation BEFORE the next currency redesign, which I've heard rumored to be set up to start in 2013 or 2014, WHY, WHY NOT print AT LEAST a $200 and a $500 U.S. FRN, but like I said, why even stop there, when the 500 Euro is worth WAY more than $500 USD$? Why not stop at a $1,000 FRN, to show that WE as a country, are NOT afraid, as a country show some courage and that WE are NOT afraid to do things "because someone may do something "naughty" with those $1,000 bills"? And why not show that we CAN print a STRONGER currency? The $500 FRN would compete with the 200 Euro note, the $1,000 FRN would compete with the 500 Euro note, and the $200 FRN would be there to make a smaller gap between $100 and $500 and thus, saving EVEN MORE money on printing less $100 FRNs and to easier make change for $500 and/or $1,000 FRNs in places that deal with breaking large bills for other large bills, like casinos, jewelry stores and electronics stores and such? But like I said, why not have a few $200, $500 and $1,000 bills available at banks for those who should have a "choice" just like the "$1 Bill Vs. Dollar Coin" issue, and use them mainly at casinos and large and expensive mechandise stores, and ship the majority of them overseas for whatever they do with large denomination currency over there. And Yes, you should be able to order a few $1,000s or whatever you desire if your bank does not, which it should, have at LEAST a FEW $500 and $1,000 bills available, and even more $200 bills than those two denominations. The one argument I got years ago, was that, some banks are not going to want to keep a strap of $20,000 in $200 FRNs or $50,000 in $500 FRNs and/or $100,000 in a strap of $1,000 FRNs, but why not? They are BANKS. But some people claimed it would encourage more bank robberies to pick up again. They said banks don't get robbed as much anymore, due to most methods of pay being electronic now. But still, does a bank "have" to keep a full strap of these large denominations? NO. Only maybe a half a strap of each, but like I said, every bank I talk to, be it tellers or their manager, they say they love my ideas for the return of these big bills, as well as a widely circulating U.S. half, $1, $2 and even $5 coin. They have also supported scrapping the penny, and even my idea of scrapping the penny, nickel, and quarter and issuing a 20 cent coin to replace it, and rounding to the nearest dime. Something I'm sure many Americans would oppose. I mean, you could lose up to 4 cent per transaction you make, and them 4 cents are big pickin's to many, still. Oh, and one more thing about "electronic methods" of payment. They are talking about starting to CHARGE people MONEY for using their OWn money on debit cards, and my brother, who has been a LONG TIME DEBIT USER says he will be going back to cash if that happens, and THAT is what these credit and debit card companies want. They want NO MORE cash so that they can FORCE extra money out of you. Like I said, there still IS a demand for larger denominations of U.S. currency, and if you can't deal with it here, then, they STILL want it overseas. Also $1,000 bills are credit fraud and identity theft proof, even if you could lose them or get mugged. Just don't go walking around in public saying, "I've got a $1,000 bill, a $500 bill, and two $200 bills to pay for this cool $1,900 sterio system at Best Buy" or something like that. Keep it to yourself and you would most likely never be detected, until the money is spent at the store and all you have to worry about, is someone stealing your "new sterio system" instead. Which would be a little harder to steal. What do they do with our $100 bills overseas, anyway? Can someone here enlighten me? :confused:[/QUOTE]
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Replace the paper dollar with coin article
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