I Hope USians Don't Follow Canada's $200 Fears With $500-S

I still have trouble understanding what is so appealing about $1 and $1 bills instead of coins. All I can is that it is costing them money. Same with the penny.

I don't understand what the issue is with our "wise decisions"...for once the governement made a cost effective decision that has saved us all money.

Here is an interesting fact, the average $1.00 US bankonote only lasts about 18 months, whereas, it is common to see a 1988 Canadian loonie still in circulation. Makes cents to me, pun intended.

Yes. For some reason, too many Americans hate to make big changes.

That, and the power of the lobbyists.

I think that nations that try to develop a large banknotes like that wants to have some kind of international status among the wealthy. Just the way the Swiss have a 1000 Franc note and the Europeans have a 200 Euro note. Canada's known to be a bit more stable than our southern equals in terms of banking so it wouldn't surprise me that they would push for a larger note. Why don't they incorporate rare earth metals into the notes to make them hard to fake?

I support dollar coins however I am a manager at a food business that deals with a large amount of dollar bills and regularly have $300-$400 on hand in petty cash at all times and the extra weight and storage area needed will be a pain in the butt for us. the girls can barely carry the coin orders as is and the amount of space a stack of 300-400 bills take up is a lot less than that many dollar coins.(in fact my own meager 125 $1 coin collection wouldn't even fit in the same area).
how we got on the topic of $1 coins I'm not sure, but that's my take on it. I'd be willing to just take one for the team with the dollar coins negatives but I doubt everyone else feels that way and is probably a part of the reason it hasn't happened here yet.

I can't argue against the logic of a dollar coin in terms of longevity vs a paper dollar. The logic can be extended to replacing all paper money with coins....silver coins in $5, $10, $20, and $50 denominations, and gold for $100.

But as Justin has pointed out, there's also practicality, and no merchant would like lugging half a grand in metal to the bank after hours to chuck into the night deposit.

You won't see notes larger than $100 in the USA or Canada unless inflation goes wildly out of control. The goal is to force larger transactions over to a cashless instrument, such as credit cards or wire transfers. They can then be monitored much easier.

Very sad and true, chequer. But that is secondary to the people in power who want all transactions logged into an Oracle database so they can query what you are up to at a moments notice. Information is power.