Try buying a car with $100 bills—you'd need a duffel bag A bit of an exaggeration

by Anonymous 7 months ago

People are usually surprised when they first see how small a $10k bundle is.

by Rosenbaumkurt 7 months ago

While I don't necessarily disagree with the concept, I don't think this would help. Many businesses already won't take $100 bills because they are scared of getting counterfeits. Why would they take $10,000 bills? The economic incentive to counterfeit a $10k bill is too great. In many cases counterfeiting isn't worth it because to make a good counterfeit it costs almost as much as the bill is worth, but at $10k, you are giving them a lot of runway to work with.

by Minimum-Whole 7 months ago

How is this an unpopular opinion? Everyone knows this

by Anonymous 7 months ago

Pennies only exist for the sake of collecting sales taxes, which are always calculated as a percentage of the sale price. If they eliminate all denominations less than 25 cents, that would mean all sales taxes would be rounded UP (they ain't gonna round down, you know). So instead of paying say, 11 cents tax per dollar purchase, I'd be paying 25 cents. Instant tax increase!

by Anonymous 7 months ago

This is correct and then to counter this policy of theft [ inflation ] the7y make the problem worse with price controls [ minimum wage and rent control ] and excessive spending placing Americans into more debt which makes it harder for younger people to start their lives

by Desperate-Public 7 months ago