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<p>[QUOTE=&quot;Texas John, post: 925886, member: 25813&quot;]Well. It&#039;s true that $500 notes on hand were beginning to run a bit low officially. But everybody knew that lots of banks kept big notes aside to fulfill their minimum cash-on-hand requirements without taking up much room in the vault, so if the Fed shook the $500 tree, lots of leaves would have fallen.</p><p><br /></p><p>The real reason was the Nixon administration&#039;s decision to attack the drug trade on a basic logistical level, by making transportation of large amounts of money more detectable.[/QUOTE]</p><p><br /></p>

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