According to an article published by the BBC today, it's the banknote of choice for illegal activities. I'm quite glad to see my thoughts at the beginning of the Euro proved correct.
Everybody knew beforehand that would happen - as the article points out. Even 200 euro notes are hardly ever used (hell, even 100 euro notes are rare, at least in a country like Belgium with advanced banking systems that reduce cash transactions, your article suggests it's not that way everywhere).
Yeah pretty much. It doesn't make sense to carry/use cash in amounts that large.
Even in India it is becoming less necessary. 10K (~200 USD) and 5K INR notes are much less commonly used now that so many people have credit cards. And for small items (bus fare, rickshaw, etc.), you really can't use anything larger than 100 INR or even 50 INR if the price is really low since no wants to give you change
Pretty much the only places that still deal actively with large currency notes (for legit activity) are places with lack of electronic payment systems.
A 500 EUR note in this day in age is just asking for trouble. Most people won't even touch 100 USD notes for everyday items in the US.
This message last edited by BlackAdder on 13/05/2010 at 07:45:23 PM
So the list of countries using the euro will grow longer, not shorter... Estonia to join in 2011
12/05/2010 10:51:37 PM
- 1013 Views
Sounds like a winner
12/05/2010 11:07:38 PM
- 634 Views
You Americans should like Estonia - they're rather neoliberal that way.
12/05/2010 11:18:30 PM
- 831 Views
I liked the remark one Estonian bankofficial made
12/05/2010 11:38:26 PM
- 590 Views
I do sometimes wish more Belgians would understand that.
12/05/2010 11:52:41 PM
- 529 Views
Re: I do sometimes wish more Belgians would understand that.
13/05/2010 12:05:03 AM
- 537 Views
That would be more convincing if universities promoted more social mobility.
13/05/2010 12:11:37 AM
- 659 Views
Social attitudes take a very long time to change.
13/05/2010 12:28:09 AM
- 682 Views
We have need-based scholarships. We could extend them.
13/05/2010 12:38:31 AM
- 565 Views
I guess it depends on exactly what the fees are.
13/05/2010 11:06:37 AM
- 652 Views
They're low. Too low.
13/05/2010 12:12:29 PM
- 676 Views
American universities do have entrance exams. Sort of.
13/05/2010 02:17:13 PM
- 698 Views
Those are really too lame to count.
13/05/2010 02:21:23 PM
- 713 Views
meh. Most degrees are useless anyway.
13/05/2010 01:14:54 AM
- 555 Views
That could be fixed if there weren't such stigma attached to vocational schools.
13/05/2010 02:18:40 AM
- 581 Views
Re: That would be more convincing if universities promoted more social mobility.
13/05/2010 08:08:16 PM
- 633 Views
Re: That would be more convincing if universities promoted more social mobility.
14/05/2010 11:48:22 AM
- 651 Views
Is it as late as university? Or is it a good bit earlier? EDIT: Nevermind. Answered elsewhere.
14/05/2010 05:36:50 PM
- 742 Views
Re: Is it as late as university? Or is it a good bit earlier? EDIT: Nevermind. Answered elsewhere.
14/05/2010 07:57:32 PM
- 573 Views
Re: That would be more convincing if universities promoted more social mobility.
14/05/2010 08:02:58 PM
- 699 Views
naw most of them are getting degrees in liberal arts because they like to read book more then work *NM*
13/05/2010 02:01:59 PM
- 247 Views
Surely Sweden can say, or could have said, that they wouldn't join till they damn well felt like it?
12/05/2010 11:39:57 PM
- 590 Views
Apparently Denmark only got the opt-out after rejecting the Maastricht treaty.
12/05/2010 11:47:00 PM
- 623 Views
Good point: it seems to me no-one cares about being Belgian, only Flemish or Walloon .
12/05/2010 11:51:27 PM
- 498 Views
It's slightly more subtle than that.
13/05/2010 12:00:29 AM
- 656 Views
What do you think about this suggestion?
13/05/2010 12:09:02 AM
- 644 Views
That has been suggested by many, yeah.
13/05/2010 12:28:24 AM
- 653 Views
But before you make a decision like that...
13/05/2010 08:36:07 AM
- 654 Views
They can export him to another country which needs a king. Wouldn't be the first time.
13/05/2010 10:57:59 AM
- 589 Views
Hmm, a pan-European entity getting too big and splitting into Eastern and Western administrations...
13/05/2010 11:09:51 AM
- 555 Views
There is one answer to most of those questions
12/05/2010 11:49:46 PM
- 525 Views
I love that the rest of you have the euro.
12/05/2010 11:53:10 PM
- 507 Views
*waits for the Pound to drop and the UK begging for the euro* *NM*
12/05/2010 11:56:25 PM
- 309 Views
That would be the worst time to do it.
13/05/2010 12:05:32 AM
- 617 Views
I think on the balance, that's probably better than the opposite, but yeah, neither is ideal. *NM*
13/05/2010 12:14:23 AM
- 286 Views
WOW WHEN DID THE UK CHANGE THEIR COINS
13/05/2010 12:10:41 AM
- 611 Views
2008, apparently. Though I don't think we actually saw them until 2009.
13/05/2010 12:17:46 AM
- 632 Views
Oh. Okay. I guess the black is just a reflective thing they're doing for the photo.
13/05/2010 12:37:24 AM
- 563 Views
I used to use a ten-pound note to inhale...things.
13/05/2010 05:54:09 AM
- 569 Views
You have a thing for Charles Darwin?
13/05/2010 10:45:14 AM
- 518 Views
From "Mean Mr. Mustard" - "keeps a ten-bob note up his nose...such a mean old man..."
13/05/2010 02:36:34 PM
- 544 Views
In that case I'm going to have to disappoint you.
13/05/2010 02:54:04 PM
- 686 Views
I knew that, but I had limited options.
13/05/2010 03:15:07 PM
- 658 Views
You could try a €500 note.
13/05/2010 03:18:11 PM
- 554 Views
In other news, the sky is blue.
13/05/2010 03:33:25 PM
- 585 Views
I seem to remember reading something in 2002 about Germans paying their monthly rent in cash.
13/05/2010 03:43:35 PM
- 651 Views
Re: In other news, the sky is blue.
13/05/2010 07:45:06 PM
- 663 Views
Ooh...I'm sure THAT will shore up the eurozone... *laughs*
13/05/2010 05:51:12 AM
- 604 Views
Nobody said it would.
13/05/2010 12:34:27 PM
- 581 Views
You know what will save the eurozone ?
13/05/2010 04:55:06 PM
- 570 Views