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I'm okay with that. I just think we should solve this once, instead of continuing to turn the screws with less and less denominations. That was the thrust of my
by DanielBMarkham 11y ago
I'm okay with that. I just think we should solve this once, instead of continuing to turn the screws with less and less denominations. That was the thrust of my post. Pick an answer, index it, and let's just move on. Otherwise your argument will always hold true, no matter what notes are in circulation.
Having said that, I notice that we might be moving towards an environment of negative interest rates. If that's the case? Then it makes sense for everybody to warehouse cash, not just drug lords and terrorists. Having larger denominations could be tremendously useful to tons of legitimate organizations.
Downfall Hitler spoof video related to negative interest rates I was watching yesterday: https://vimeo.com/65679960 https://vimeo.com/65679960