3 ms·
Interesting topic, but seems like they left out one possible explanation. Things in general are more expensive. So over time usage of higher denomination bills
by CPLX 7y ago
Interesting topic, but seems like they left out one possible explanation.
Things in general are more expensive. So over time usage of higher denomination bills will increase.
Eventually a $100 bill is equivalent to what a $20 bill was when I was a kid, and those were common then.
- colinbartlett 7y agoThis is the main reason I get $2 bills instead $1 bills from my bank now. The latter is a lot more useful for picking something up from the corner store or for a small tip, simply because the value of the dollar bill has gone down.