Feb 23 2012
∞
From the smithsonian, a $100,000 bill
The reason they outlawed these things is because after narcotics prohibition & the war on drugs took effect, drug dealers would conduct large transactions using these because they were lightweight and represented a lot of money. $100 bills became the de-facto currency as a result.
To be fair, what possible reason could anyone have to be using a $100k bill in 1934? Like, that’s $1.7 million in today’s dollars - and in 1934 the US economy was obviously much smaller and wages were much lower even in real terms. That’s a huge bill for any transaction, legitimate or otherwise.
(via multiplicitiesoffreedom)
