When the bank secrecy act was passed, the cutoff was $10,000 (inflation adjusted ~$70,000) Since then, some of the fines for violating currency reporting have

When the bank secrecy act was passed, the cutoff was $10,000 (inflation adjusted ~$70,000) Since then, some of the fines for violating currency reporting have been adjusted for inflation. But curiously, the reporting cut off was not inflation adjusted and remains at $10,000. In 1970, thus, a 'large' transaction was one that exceeded the median family annual income. In 2022, a 'large' transaction is a beat up honda civic.