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RE: War On Cash Goes into Full Effect — Purchases Over $10,000 ILLEGAL in Australia

in #news7 years ago (edited)

The €500 Euro note is still in circulation, but not for long...
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Should America ever need to buoy the value of the US dollar, it could start re-issuing $500 bills;
what else are narco-terrorism groups going to use for transporting large amounts of currency?
Apparently the €500 Euro note is currently the note of choice thanks to its value.

Hey America!
Want to raise the value of the dollar?
Issue hundreds of billions worth of $500 bills - You can bet they'll be bought up around the world in no time as a false store of value (think Weimar Republic type hyper-inflation, eventually).
We can stretch this party out a little further, until contending with the financial reckoning that's 2 generations overdue...