2 ms·
That and the need to introduce large denomination bills. The $100 bill has been the largest in circulation since 1969 while it's buying power has significantly
by cherrycherry98 3y ago
That and the need to introduce large denomination bills. The $100 bill has been the largest in circulation since 1969 while it's buying power has significantly reduced due to inflation.
$100 in 1969 is over $800 inflation adjusted dollars. Our government seems insistent on phasing out cash in favor of digital mechanisms they can track more easily.