Inflation And Currency Since Pandemic

Money laundering and tax evasion come to mind. A $100 bill has the purchasing power of a $10 when I was born. At this rate we'll have issue larger banknotes in the future but it's ways off.

This, probably.

I recall reading that compared to the world at large, inflation in the US is almost insignificant. Not to say it does not exist here—it does—but probably not enough to consider shifting around our denominations to compensate.

Even if it became necessary, I do not see it happening. An argument against eliminating the penny and dollar bill is that the US dollar would be seen as pocket change. Adjusting our money—where the dollar is just a coin and the Benjamin is no longer the King—could be viewed as a sign of weakness. I do not see the powers that be allowing this to happen.

Personally it does not matter to me. I am de facto cashless now. And I do not want to hear the tinfoil spiel about being tracked. You are posting on a forum on the internet. They already know who you are.