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A chance for new $500 and possibly $200 Federal Reserve Notes?
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. 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 |
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