Dca Says Gov't Can Save Over $13 Billion Over 30 Years

Most people take projections with a grain of salt. Cost projections are almost always higher and potential savings are almost always lower when it comes to government programs.

This projection in itself wont have any major impact. Supporters can use it to say why they support it but its not going to sway anyone in DC just because of the new number.

Not really.



But in that case the seigniorage more than doubles so they still make their profit.

Talk is cheap...let's see 'em ACT on it.

Thank You. Plus both sides hate each other so much there will never be an agreement.

Just as I've said, We need to add a "0" each bill's denomination to them as well ($1->$10 (no $10 coin, thats too extreme) $2->$20, $5->$50, $10->$100, $20->$200 $50->$500, $100->$1,000)

Inlation has set in plenty well enough to make $200, $500, and $1,000 bills practical. Just ask the people that print the Euro. If they were so worried with drug dealers, money launderers, counterfeiters and the like, their E100, E200 and E500 notes would have been history many years ago. they'e going on, what? Their, it'll be 12 years in 2014 that they've had these large denominations, and they do not seem to have a problem with them, save the United Kingdom not using E500 notes.

And even then it does no good. We have all ready paid millions and millions of dollars to have the study done.....five times! And every time we have ignored the study's recommendations.



Practical maybe, but not needed. If for some reason you really needed to have $1K in cash, 10 $100's really isn't that much of an imposition. And most transactions over a couple hundred dollars are done by check or credit card anyway so you probably really don't need that $1K note. As for Europe using the larger denominations, until relatively recently Europeans didn't use checks or credit cards to anywhere near the extent that we do, they operated more with cash. But as checks a cards have become more commonplace there has been discussion of doing away with the 500 Euro note. So they ate coming our way. And the UK doesn't use the 500 Euro note because the UK doesn't use the Euro, they still use Pounds. Ireland uses Euros but they are independent not part of the UK.

Why does this always have to come back to "checks" and "credit cards"? Did it ever occur to you that "most" private sellers believe cash is KING. Also, I would rather carry one $1,000 bill, than ten $100 bills if I were buying something for $1,000 or more. I would also prefer to carry around a $10,000 bill instead of a strap of $100 bills if I wanted to make a $10,000 or more purchase (even though I know $10,000 bills are a lost cause, they sure would be nice for buying a house or expensive car or RV, etc.)






Where have you heard or read this? And do they also speak of doing away with the 200 Euro note?

These would be foolish moves, in my opinion. In this day and age they should be moving toward issuing larger denomination bills, just as they should be moving toward issuing larger denomination coins in some countries. But due to the concern of crimes they are NEVER going to stop, the death of the 500 Euro note and probably the 200 Euro note probably will happen. But I hope it does not, and we, here in the U.S. just issue $200 FRNs and reissue the $500, and possibly $1,000 FRNs here again instead. And its not just for convenience when purchasing items among the general public. The government could also stand to save the government money on printing so many $100 FRNs, which that demand increases every year, as I have said in the past.

I really wish I could talk to the casino industry about this. They would probably support $200, $500, and $1,000 bills, even with all of the possible electronic methods of payment.