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Back in 1900, a penny was worth a little more than a quarter in today's money and people didn't mind not having anything smaller. Today a handful of pennies aren't enough to buy a pack of gum.
Isn't it time to redesign our money to account for the losses due to inflation?
I'd like to see our coins replaced with the following:
$.25, $1, $2, $5 and $10
Bills: $10, $20, $100, $500 and $1000.
The $100 bill has been the largest bill in circulation since 1945. Back then, $100 was worth nearly $1200 in today's money.
Because it would cost more money than it's worth, especially when most people pay with plastic anyway. Besides, I work 3rd shift, I need those $1 bills because I live off of vending machines.
though, how about we start by taking that 9/10 off of gas price signs.
For years Brazil had triple-and quadruple-digit inflation. If I remember correctly, at least once or twice they simply lopped the last three digits off their currency when it got to the point where a loaf of bread was R$1000.
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