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Do you think the USA will add a banknote worth more than 100 dollars?
Wiki User
∙ 9y ago
The Treasury has repeatedly refused to produce higher-denomination bills, citing concerns over their use by organized criminals and terrorists.
High-value bills were last printed in 1945 (but with a 1934 series date) and distribution was halted in 1969. Even though a $100 bill's purchasing power is now less than that of a $500 bill at that time, so many transactions are now handled electronically that higher-denomination bills wouldn't markedly improve commerce. The use of €200 bills in Europe is cited as a counterexample, except that for various reasons a higher percentage of transactions in the EU are made with case versus in the US.
Wiki User
∙ 9y ago
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