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A hundred dollars was a lot of money once. But it isn't any more. Is it time for the US government to bring back the $500 bill?
Should there be a single bill large enough to pay for a cart loosely full of groceries, or a SUV tank full of unleaded, or two grandstand tickets to a Red Sox game, or enough stamps to mail 250 Christmas cards??
Yes, I understand why it was abolished. With larger bills, it would have been impossible to achieve our gloriously and spectacularly successful victory in the war on drugs.
Never happen. The gubmint does not want us to use real money. They want us to electronify everything so that they have the ultimate CONTROL of it all, silly. If we have money, we can HIDE it, we can SPEND it on things and they cannot keep track of what we are spending it on (ammo, guns, chemicals, pharmeceuticals, etc.,) Eventually, there will be no more money at all - just cards that you swipe. The debit card is just the beginning. Eventually the electronic world will have control of everything. All for our own GOOD AND SAFETY of course.
Should you be able to get $100's at the ATM? Just asking. I know there used to be a time where you could get money from an ATM in increments OTHER than $20. Pretty sure they had both $20's and $5's loaded at one point. Now, it's all $20's.
The only thing I could use one for is rent. Otherwise, it's just another large bill no one wants to break. Hard enough to get them to break a $100 now.
A better question would be "Do we need physical notes at all?".
Yes. Cash never bounces. If the computers are down, so is the business--unless they also accept cash or checks. Taxis and bars are often run basically on a cash only basis.
Do you realize that the credit card companies charge businesses money for them to accept cards? They should be paying these companies EXTRA for accepting their credit card.
Should you be able to get $100's at the ATM? Just asking. I know there used to be a time where you could get money from an ATM in increments OTHER than $20. Pretty sure they had both $20's and $5's loaded at one point. Now, it's all $20's.
The only thing I could use one for is rent. Otherwise, it's just another large bill no one wants to break. Hard enough to get them to break a $100 now.
as a side note, a few BofA ATMs I've been to do give you the option of getting $10 bills. I've mainly seen them in downtown Chicago and a few larger branches
Never happen. The gubmint does not want us to use real money. They want us to electronify everything so that they have the ultimate CONTROL of it all, silly. If we have money, we can HIDE it, we can SPEND it on things and they cannot keep track of what we are spending it on (ammo, guns, chemicals, pharmeceuticals, etc.,) Eventually, there will be no more money at all - just cards that you swipe. The debit card is just the beginning. Eventually the electronic world will have control of everything. All for our own GOOD AND SAFETY of course.
Be afraid. Be very afraid.
20yrsinBranson
I agree. I think the move from real money to electronic happening now is like what happened when we went from real silver coins and silver certficates to notes backed by nothing. Very subtle but powerful shift.
Never happen. The gubmint does not want us to use real money. They want us to electronify everything so that they have the ultimate CONTROL of it all, silly. If we have money, we can HIDE it, we can SPEND it on things and they cannot keep track of what we are spending it on (ammo, guns, chemicals, pharmeceuticals, etc.,) Eventually, there will be no more money at all - just cards that you swipe. The debit card is just the beginning. Eventually the electronic world will have control of everything. All for our own GOOD AND SAFETY of course.
Be afraid. Be very afraid.
20yrsinBranson
I agree. I sure don't trust the government one bit. They want to know everything that is going on. They hate cash because private transactions can not be tracked. They probably also lose a lot of tax money on private transactions such as paying a friend in the business cash to do some work on your house or bartering for services. These type of transactions are taxable, but who reports those. I have a couple of friends who work in construction who do a lot of 'side jobs' for cash and give discounts for cash with no receipts.
Do you realize that the credit card companies charge businesses money for them to accept cards? They should be paying these companies EXTRA for accepting their credit card.
And some retail stores (Dollar General, for example) refuse to accept some cards because of the high fees. You can never buy a gold coin with a credit card, becaue the buy-sell spread is too thin to absorb the card fee. But, of course, the national treasury is not very interested in protecting your right to buy gold coins.
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