HERE'S WHY WE STOPPED USING $1,000 BILLS

Wikimedia CommonsIn the early 1900s, a bottle of Coke cost a nickel, a Ford Model T could fetch $290 and some apartment rents dipped as low as $4 a month. So it might sound intuitive that now we’d have larger bills to make the purchasing process more convenient, more efficient. That’s why listener Rabin’ Monroe wrote in with the question, “Why aren't we using $1,000 bills anymore? Seems more appr...

BusinessInsider (Date:08/14/2017 04:48) Read full article >>

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