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- 2 days
Large value bills are of very little importance to the everyday consumer, but make life easier for criminals transporting or hiding cash. A single 1000$ bill weighs ten times less than 10 x 100$ bills. Phasing out these bills or never printing them in the first place is logical
- 2 days
Probably the main reason for not having high value currency in the US is because a CTR would be triggered simply for having one. It would sorta make more sense to put tracking chips on them all than to individually log every transaction ever using one.
Smaller bills let you avoid the treasury department’s checks and balances on potential criminal activity much easier.
