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Notes -
Also, this is not a website that I expect anyone to particularly like this line of reasoning (I don't myself), but the reason we don't have bills higher than $100 is that law enforcement and governments in general dislike high value bills due to their use in crime - untraceable cash and all that. The ECB massively regrets putting out a 500EUR note and only printed them for a decade before stopping and trying to take them out of circulation.
FATF delenda est
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My understanding is that at the time the EUR was introduced in 2002, Germany still had sufficiently backward payments tech (for similar reasons to the US - basically a lot of small state-licensed banks and a culture that wanted to protect them against competition from large national banks with proper IT departments) that sometimes the only way to get a large transaction through on a same-day basis was to use a wad of 1000 DM notes. The 500 EUR note was a like-for-like replacement, and was no longer needed once Germany developed a nationwide electronic payments system that actually worked.
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Yeah there's a general global effort to sunset large bills.
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