In 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 appropriate to use them now than back in the early 20th century.”
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
2
Repost
Share
Comment
0/400
Rrr27377
· 01-30 16:07
hello dear Laman support you from post and likes my comments are not visible some likes for you 💞🌞💞🌞
In 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 appropriate to use them now than back in the early 20th century.”