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re: Spinoff: When do you think we will do away with hard/paper currency in the US?
Posted on 4/18/16 at 12:51 pm to Lake Vegas Tiger
Posted on 4/18/16 at 12:51 pm to Lake Vegas Tiger
The paper currency will remain for the foreseeable future, but I think you'll see a growing movement to eliminate the $100 and $50 bills. We will get to the tipping point where the illegal uses of those denominations outweighs the legal uses and/or inconvenience of their elimination.
I don't think anyone will argue that large bills are the preferred method for drugs, money laundering, and tax evasion - the latter of which being the part the pisses me off the most.
I don't think anyone will argue that large bills are the preferred method for drugs, money laundering, and tax evasion - the latter of which being the part the pisses me off the most.
Posted on 4/18/16 at 12:57 pm to slackster
quote:
that large bills are the preferred method for drugs, money laundering, and tax evasion - the latter of which being the part the pisses me off the most.
That's retarded. Large bills are used to purchase high dollar things. If anything 20s are probably the most commonly used currency for illegal stuff
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