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A bankster at the Bank of England (Charles Goodhart) wants to ban 500 Euro notes as well as 1000 Swiss Franc (that would be some $1050) notes as well. That will get tongues wagging in the USA to ban our $100...
A bankster at the Bank of England (Charles Goodhart) wants to ban 500 Euro notes as well as 1000 Swiss Franc (that would be some $1050) notes as well. That will get tongues wagging in the USA to ban our $100...
I think having 1000 notes is a bix extreme and they must be a big target for counterfeiters but I can't imagine many places accept them. In my country most shops wont accept 50 notes because of the chance of them being counterfeit. In fact it is very rare to see them at all and I have only ever see a couple in my lifetime. Trying to ban them just because criminals use them is sill though but maybe we should ban banks too since they're the biggest criminals.
Above commentators
Hey, I LIKE cash! And large denominations are taken at banks, foreign exchange places, local coin shops (hint, hint). If the USA's $10,000 notes were there in the 1930s, those would be worth some $50,000 each now...
And it's NOBODY'S business how I keep and transport my own wealth.
The Swiss 1000 Franc note. These are hard to find now, at least in the part of the USA where I am from.
I once owned one. The bill is chock full of interesting anti-counterfeiting features.