[Yo-Yo]

It also could be used to track who spent the money. The #1 reason to use cash instead of check or credit card is for anonymity. Tracking bills as you describe would effectively kill the need for any paper money at all.

There's your cheaper solution. Make the highest denomination bill the Twenty.

[Jack Black]

There's your cheaper solution. Make the highest denomination bill the Twenty.

Another great idea! Make cash so bulky and inconvenient that no one uses it. Lets see, in my grandfathers day $500 adn $1000 dollar bills circulated freely.

Given the rate of inflation that $1000 bill from 1920 would need to be a $10,000 bill today to have equivelent purchasing power.

Or to reverse the calculation, if we had implemented your plan in 1920 the $2 bill would have been the biggest denomination at the time.

I think this is a good analogy for the downward trend of our culture. If anyone had suggested that the government print $2 bills, or even $10 bills (the equivelent of todays $100 bill) they would have been laughed at.

Oh well time to go stand in line and present my government issued ID for a formerly anonymous service.

Home of the FREE. My ass.

[TWfromTEXAS]

It also could be used to track who spent the money. The #1 reason to use cash instead of check or credit card is for anonymity. Tracking bills as you describe would effectively kill the need for any paper money at all.

With this type thinking you will be happier at DU. Conservatives don't think your every move should be tracked by big brother.

[Old Professer]

Don't tell me, let me guess, you're heavily invested in bags and cargo pants, right?