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?
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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

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.