[pburiak]

Not quite reaching Zimbabwe or Weimar Republic levels of currency denominations yet.

[marktwain]

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.

[Opinionated Blowhard]

The goal is to move the nation to digital currency, and cash is becoming increasingly worthless in transactions.

Cash is becoming worthless? Says who?

[rbg81]

It’s about time. $500 is not what it used to be. Ditto for $1000.

[jimwatx]

They are just preparing us for when the US dollar hits Argentina levels of devaluation which might be only 2-3 years away.

[Antoninus]

A new $500 bill would mirror historical currency debasement as we saw in Rome under Diocletian, for example, which comes before a collapse.

This author lost all credibility with this statement. Diocletian was a reformer. The debasement of Roman currency happened under his predecessors. He and Constantine fixed the problem, and put the empire on a more firm monetary footing that lasted some 300 years.

[Teacher317]

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.

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).

[Red Badger]

Stop printing 1 and 2 dollar bills. Use coins instead. They last a hundred times longer......................

[Doctor Congo]

I did some quick searching and I cannot find any mention of the 500 dollar bill even being rumored to begin printing again.

[ChronicMA]

the Euro is currently worth more than the dollar and they have in circulation both 200 and 500 euro bills.

[Track9]

I’m sure counterfeiting nation states will love this.

[dpetty121263]

Image trying to tender a $500 bill, most places pitch a fit over a $100 bill...seems to be a fool’s errand.

[Fido969]

This is stupid. The government want to move us AWAY from cash

[Tell It Right]

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.

I actually like keeping the penny in circulation for that very reason. People need a reminder of how bad inflation is.

[MeanWestTexan]

I would assume the main concern with a $500 or $1,000 would be counterfeiting.

[libertylover]

I don’t see the need. I rarely use $100 bills.

[Bon of Babble]

What I want for Christmas:

[TexasGator]

Please call me Marty.

I run the ArmstrongEconomics scam site.

The worth of my advice can be measured by my three bankruptcies and losing over $700,000,000 of my clients' funds in bad trades.

That failed ponzi scheme got me eleven years in the federal pen.

signed, Martin Armstrong

[fruser1]

I keep trying, but I can't get a single machine at the store to give me change for this

[HIDEK6]

The G-note is the new 20.