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Posted on 08/07/2025 6:39:42 AM PDT by delta7
Rumors are circulating that the United States may begin to print $500 bills. The US Bureau of Engraving and Printing began printing $500 bills in 1861 until 1945, formally discontinuing them in 1969 when Nixon moved to close the gold window. The US Treasury has since required banks to send all $500 bills back to them to be destroyed, as the government claimed higher-denominated notes paved the way for criminal activity.
Collectors know that the US Treasury issued $1,000, $5,000, $10,000, and even $100,000 notes once upon a time. The $100,000 bill featured President Woodrow Wilson and was issued as a gold certificate from 1934 to 1935. That particular bill was not publicly circulated.
No citizen needed to use such currency in day-to-day transactions. The $10,000 note was primarily used for transactions between domestic Federal Reserve Banks, as digitalization had not yet occurred, and they needed an efficient way to move capital.
The rumors about the $500 bill’s revival are not wholly unfounded. Rep. Paul Gosar (R-Ariz.) introduced a bill in 2024 to reintroduce the $500 bill, replacing William McKinley’s image with Donald Trump’s. This was more than political pandering; besides, Congress would certainly never approve of a note featuring Donald Trump’s image. However, the government could be enticed to reintroduce higher-denominated notes due to INFLATION. This is precisely why the penny will be discontinued, as it represents absolutely nothing and is a reminder that our currency is becoming increasingly devalued.
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A new $500 bill would mirror historical currency debasement as we saw in Rome under Diocletian, for example, which comes before a collapse. Printing higher-denomination notes is not just a reflection of price increases, but a sign that the people are losing trust in the value of the USD.
Now, even the highest-denominated cash note will not get one far, paving the way for digitization as cash becomes an inconvenient burden. If the US were not eager to digitize banking, we would undoubtedly see higher-denominated notes in circulation once again to mask the effects that inflation has had on the value of the dollar.
America has never canceled its currency, and all of these notes are still deemed legal tender, although they are far more valuable to collectors than their face value. The Federal Reserve does not currently have plans to print the $500 bill despite rumors.
The goal is to move the nation to digital currency, and cash is becoming increasingly worthless in transactions. Still, providing a limited-edition $500 note would not be unheard of in today’s economic landscape.
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Not quite reaching Zimbabwe or Weimar Republic levels of currency denominations yet.
I have been pushing for President Trump to order the printing of $500 and $1000 bills.
A $100 bill to day is worth about the same as a $10 in 1965.
A $1000 bill today would be about the same value as a $100 bill was in 1965.
It would make commerce easier, and back away from the total control a central bank digital currency would make possible.
Cash is becoming worthless? Says who?
Give ‘em time...
It’s about time. $500 is not what it used to be. Ditto for $1000.
They are just preparing us for when the US dollar hits Argentina levels of devaluation which might be only 2-3 years away.
Under the table political largesse[last’e’ for excellent] becomes easier.(as if it weren’t already)
Time is money, so therefore you are saying, "Give them money."
This is this guy Martin Armstrong. I guess for some reason we are supposed to take whatever he says at face value.
Armstrong is a disinformation agent, conspiracy theorist and fearmonger. He likes these themes because he is also a legendary scammer. He needs stupid people that are scammed easily and this is how he gets them.
I guess for some reason we are supposed to take whatever he says at face value.
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I will spoon feed you, this time.
https://www.congress.gov/bill/118th-congress/house-bill/8620/all-info
Official Title as Introduced.
To amend the Federal Reserve Act to require the Secretary of the Treasury to print $500 Federal reserve notes featuring a portrait of the 45th President of the United States.
“Not quite reaching Zimbabwe or Weimar Republic levels of currency denominations yet.”
After watching Austin Powers International Man of Mystery Mrs. BBB333 received 100 Billion Dollars for Christmas (a Zimbabwe note that I paid roughly $7.00 for on EBay).
She still has it on her office wall.
And make sure you don’t accumulate a large running balance. The average bank card rate is 21%. Its very hard for most people to pay off balances with rates that high. Store cards are even higher — about 30%.
Moronic. At SOME point, basic 2% inflation will make the penny meaningless and require a step up in the largest bill denomination. That's basic logic. Since we have never in 249 years stepped up one level yet, it is not unreasonable to think that now might be the proper time. The difference in value of a $100 bill today compared to 1925 is VAST. You could buy a new car with a few of them in 1925. Now you can barely buy a children's toy car with a few of them. A step up... adding the $500 and erasing the penny... is simply a mathematical reality, and not some strained historical comparison to the Roman Empire.
We will still have ten basic denomination units... Nickel, dime, quarter, dollar, 5, 10, 20, 50, 100, and now 500 instead of the penny.
The collapse of our "empire" is close, but it isn't indicated by a single step up in denomination units after a full century of explosive growth in wealth for the entire planet (mostly due to our growth and influence).
> This is this guy Martin Armstrong. <
Who knows? Maybe Armstrong has a special insight into financial matters. But he spent 11 years in jail for fraud. That makes me very suspicious of anything he might say.
Kinda like Al Sharpton giving advice on racial healing.
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