Do we need a $500 Bill?

[jtur88]

Just to draw a parallel, the post office has issued a stamp in a denomination of $17.50. I've never seen one, and I doubt I'd ever use one. But that doesn't mean there should not be one, because there is no doubt a practical application for such a stamp, and some people would find it useful for their needs.

[melinuxfool]

Originally Posted by jtur88

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.

I'd settle for the current bills we have being more than fiat money and actually backed by gold and silver.

[mongoslade223]

I do anybody who doesn't want theirs feel free to send them to me!

[SOON2BNSURPRISE]

I do have a Silver Certificate $1.00 bill. Always thought that was cool. But then we are now on the good faith standard and not the Gold or Silver standard anymore.

[Bluesmama]

Boy. I don't know about the rest of you, but a $100 is still a lot of money to me.

[W5WMW]

I'm in favour of large denomination currency, but I also support the people's right to choose--whether to use credit cards, debit cards, private "money" (money orders, etc.), coins, fiat money, precious metal (or other goods) backed notes, actual precious metal coins, or whatever the individual chooses.