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Should the U.S. have $200, $500, and possibly $1,000 bills?
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<p>[QUOTE="chrisild, post: 781161, member: 39"]Right. They may be useful for people who, for whichever reason, want to keep a lot of money at home. But by and large you would not want to pay with one, as many businesses will not accept them. Sure, if you buy stuff worth, say, €700 at some exclusive fashion store, they will probably accept it ... and if you have a German credit or debit card with a certain Dutch/French EMV chip, it makes sense these days to have alternative means of payment too. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>This is, by the way, what the euro notes (and coins) look like:</p><p><a href="http://www.ecb.europa.eu/euro/html/eurocoins.en.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ecb.europa.eu/euro/html/eurocoins.en.html" rel="nofollow">http://www.ecb.europa.eu/euro/html/eurocoins.en.html</a></p><p><a href="http://www.ecb.europa.eu/euro/html/security_features.en.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ecb.europa.eu/euro/html/security_features.en.html" rel="nofollow">http://www.ecb.europa.eu/euro/html/security_features.en.html</a></p><p>And here are the Swiss (CHF) notes; they do not have a "500" denomination but 200 and 1,000 bills:</p><p><a href="http://www.snb.ch/en/iabout/cash/history/id/cash_history_serie8" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.snb.ch/en/iabout/cash/history/id/cash_history_serie8" rel="nofollow">http://www.snb.ch/en/iabout/cash/history/id/cash_history_serie8</a></p><p><br /></p><p>So yes, they do exist - €500 is about $700 dollars, and 1000 fr is about $950. But such denominations are not really used in "everyday" life. And I doubt they would be useful in the US.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 781161, member: 39"]Right. They may be useful for people who, for whichever reason, want to keep a lot of money at home. But by and large you would not want to pay with one, as many businesses will not accept them. Sure, if you buy stuff worth, say, €700 at some exclusive fashion store, they will probably accept it ... and if you have a German credit or debit card with a certain Dutch/French EMV chip, it makes sense these days to have alternative means of payment too. ;) This is, by the way, what the euro notes (and coins) look like: [url]http://www.ecb.europa.eu/euro/html/eurocoins.en.html[/url] [url]http://www.ecb.europa.eu/euro/html/security_features.en.html[/url] And here are the Swiss (CHF) notes; they do not have a "500" denomination but 200 and 1,000 bills: [url]http://www.snb.ch/en/iabout/cash/history/id/cash_history_serie8[/url] So yes, they do exist - €500 is about $700 dollars, and 1000 fr is about $950. But such denominations are not really used in "everyday" life. And I doubt they would be useful in the US. Christian[/QUOTE]
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Should the U.S. have $200, $500, and possibly $1,000 bills?
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