2007-10-15 03:52:19 · 4 answers · asked by Brain 2 in Business & Finance ➔ Other - Business & Finance
The value of the dollar is so depreciated would it not be more convinient say if you wanted to pay cash for a car?
2007-10-15 04:45:10 · update #1
Here is the official reason:
Circulation of high-denomination bills was halted in 1969 by executive order of President Richard Nixon, in an effort to combat organized crime.
2007-10-15 14:31:22 · answer #1 · answered by F. Frederick Skitty 7 · 1⤊ 0⤋
Who, in there right mind would carry bills like that around?
2007-10-15 10:58:20 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
They used to do that. They found they were not being used and discontinued printing them
2007-10-15 11:01:34 · answer #3 · answered by Bob W 5 · 0⤊ 0⤋
They are not needed in commerce any more.
2007-10-15 10:56:23 · answer #4 · answered by Anonymous · 0⤊ 0⤋