A chance for new $500 and possibly $200 and $1,000 Federal ReserveNotes?
More options Jul 25, 3:59 am
Newsgroups: rec.collecting.coins From: Drago the Wolf Date: Sat, 25 Jul 2009 00:59:53 -0700 (PDT) Local: Sat, Jul 25 2009 3:59 am Subject: A chance for new $500 and possibly $200 Federal Reserve Notes? Reply | Reply to author | Forward | Print | Individual message | Show original | Remove | Report this message | Find messages by this author Here we go again. How I love annoying some of you guys with this issue, however, those who are serious with me, I'd like to talk $200 and $500 bills with you. Okay, the Obama Administration and Treasury are printing more and more $100 bills, as time goes by, the demand gets higher, so, does anyone here think that, maybe after they print a large amount of the colorized NexGen $100 bills, that, maybe they will consider printing at least $500 bills again, if not $200 bills? I wrote my Congressmen on issuing new $200, $500, and $1,000 bills again, just because of the fact of the demand for $100 bills steadily rising. So, I know we've been though this talk before, but, with the increasing demand for $100 bills overseas, where there are 200 and 500 Euro notes, does anyone here think that maybe, in around 2011 or so, we may get a $500 bill back into circulation? As I said, if they are cranking out larger and larger ammounts of $100 bills, a $500 bill would seem more practical, cost effective, and easier to keep up with the demand for U.S. currency. Also, on this very newsgroup, (rec.collecting.paper-money) I have been reading titles, with new ones popping up aevery day or few days about all of these other countries issuing and/or reissuing larger denomination currency notes, to keep up with inflation. So, does anyone here, think that the U.S. may follow in this suit and issue new $200, $500, and maybe even $1,000 Federal Reserve notes, due to the fact that, the demand for $100 bills continues to rise, and a 500 Euro note is wirth close to $1,000 US$, which would be a good reason for the U.S. issuing Federal Reserve notes up to the $1,000 denomination, once again? I also did write a letter to President Obama about issuing new $200, $500, and $1,000 bills, not only to keep up with the demands for U.S. currency overseas, but also to help with inflation for those (like me) who prefer to use paper over plastic. I will post the reply here when I get it, as I always do. Oh, and I don't care if they put my name in the "This guy is a nutcase file" and my letters in the "circular file" as some of you may call it. Tom |
A chance for new $500 and possibly $200 and $1,000 Federal Reserve Notes?
On Sat, 25 Jul 2009 01:40:37 -0700 (PDT), Drago the Wolf
wrote: More options Jul 25, 3:59 am Newsgroups: rec.collecting.coins From: Drago the Wolf Date: Sat, 25 Jul 2009 00:59:53 -0700 (PDT) Local: Sat, Jul 25 2009 3:59 am Subject: A chance for new $500 and possibly $200 Federal Reserve Notes? Reply | Reply to author | Forward | Print | Individual message | Show original | Remove | Report this message | Find messages by this author Here we go again. How I love annoying some of you guys with this issue, however, those who are serious with me, I'd like to talk $200 and $500 bills with you. snip Well, from my perspective, it seems that for transactions over $100, most people these days use debit cards or electronic transfers, so I'm not sure the demand is really there for 200 and 500 dollar bills. Personally I can't even remember the last time I used a hundred or a fifty. I know it's been years though. |
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