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<p>[QUOTE=&quot;Drago the Wolf, post: 778130, member: 22476&quot;]Does anyone here think that, with the U.S. dollar weakening, and with the Euro having a 500 Euro note worth around $850-$880 $U.S., shouldn&#039;t we have at least a new $500 Federal Reserve note?</p><p>&nbsp;</p><p>I think that, with the Treasury printing so many $100 bills, especially for crisis issues overseas, and with the demand for $100 bills growing, wouldn&#039;t a $500 bill help the government keep up with the pace of the demand for $100 bills being printed, and even toss in a $200 bill to help reduce printing $100s as well? Also, the only reason I suggest a U.S. $1,000 bill as well, is because the 500 Euro is almost a U.S. $1,000 bill.</p><p>&nbsp;</p><p>I don&#039;t think that the U.S. government should worry about the drug wars and money laundering and counterfeiting. The crime ring is learning its way around anything and everything anyway.</p><p>&nbsp;</p><p>Also, there is inflation. A $1,000 bill today, would buy what a $100 bill bought back on the time of July 14, 1969, when the $500, $1,000, $5,000 and $10,000 bills were discontinued. So, in reponse to the question: We did not have 25 cent bills back in the 1970s, so why do we need $1 bills today?&quot; I question: We had $100 bills back in 1969, so why can&#039;t we have $1,000 bills today?&quot;</p><p>&nbsp;</p><p>So I say, issue at least a $200 bill, and reissue the $500 bill, and if things go well with those two denominations, then consider reissuing $1,000 bills. </p><p>&nbsp;</p><p>This reminds me of a good question. I have read on many government sites that, if the Secretary of the Treasury wants, he could order new $500s, $1,000s $5,000s, and/or $10,000 bills if he chose to do so, as the Secretary STILL has the authority to order the BEP to print these denominations. I also read that the Federal Reserve could order new $500 bills if they wanted to, and if they did, the Treasury would have to print them to meet that demand. I know for sure that Congress would have to pass legislation for a new $200 bill, as the U.S. Treasury has never been authorized to print a $200 bill, but then I wrote a letter to the Treasury, suggesting at least new $500 bills, and the person that responded to my letter, said it would take an act of Congress to reinstate the $500 bill. So, which is true? Can the Secretary of the Treasury order new $500 bills, or would Congress have to okay it first? I&#039;m so confused on this issue. :headbang:</p><p>&nbsp;</p><p>I&#039;d still like to walk into a casino, slap down a $1,000 bill on the counter and tell the clerk, &quot;A $200, a few $100s and the rest in $5s, $10s, $20s and $50s, please&quot; :hail: </p><p>&nbsp;</p><p>Sometimes I get annoying with these topics, because, as I said, I sometimes forget what I post. So if I forget and post things I already posted, let me pre-maturely apologize. :smile[/QUOTE]</p><p><br /></p>

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