h a l f b a k e r y"It would work, if you can find alternatives to each of the steps involved in this process."
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No big bills
Remove all large money bills to make life a bitch for organized crime | |
Think about it. What are large money bills good for?
- Robbing...
- Paying under the table.
- Money transfers that "never happened".
And who uses these "services" provided by large bills?
Yep, organized crime and dodgy people in general.
Besides, your life wouldn't be much more complicated
if all bills
worth more than say, 5 bucks, were decommissioned. If you are
buying a car you probably use a check or you make a bank
transfer.
If you are buying a used bike for 100 bucks, you have to bring 20
bills, no prob. But if you are scoring a big cocaine deal, you have
to
bring a pickup truck just for the money, problem!
..sorted, no big bills makes the world happy.
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Was hoping this was going to ban the sort of demand that just popped through my door from the gas utility. |
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I thought it might be a plan for smaller ducks. |
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Baseball caps could stand a little scissor action
too! |
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Or you could make larger bills out of plutonium-239. There would be only so many you could keep in one place before they go supercritical and explode! |
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The bills I get in the mail are far too large and are indeed in need of reduction. |
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(Psssst...[2 fries] someone upstairs beat you to
it.) |
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Juttas idea with Plutonium is not too bad though. |
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There's a reason why the largest bill the US still prints is the
100, and it's this one specifically. |
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[+] I agree with MechE that this has been baked to a point, but $100 is still a big note. With electronic transactions now the norm for most large transactions, I think it would be more convenient for the masses if the largest note was $/£/E/currency of your choice 5 or 10. There are few things more annoying than going to an ATM and coming away with just £20 notes, and then realising that you are going to have to make a small purchase for something you don't need just to get a note that is small enough to be accepted on a bus. |
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Isn't the criminal standard : "Small unmarked bills, and a helicopter!" ? I like cash payment (cars for instance - last used car 3000.- cash, which was well with 500.- bills, but carrying (and, for the recipient, counting) 600 5ers would have been a drag) private-to-private interactions are not possible with credit cards, and checks can bounce. |
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The mafia has no problems carting around truckloads of stolen goods, so i guess the logistics of moving bundles of money would be manageable for them. |
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You could just make the $500 bill physically larger - say A4 size, and out of heavier paper so they weigh as much as 50 $10 bills. Same problems carrying large amounts of money, but easier to count. |
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