$100 note to be discontinued?

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Perrorist
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$100 note to be discontinued?

Post by Perrorist » 08 Mar 2018, 08:58

There's serious talk about removing $100 notes from circulation. They make it easier for criminals to do naughty things, apparently. I haven't seen a $100 note in years. The crims must have them all. There's even a suggestion that $50 notes should be removed as well, though I think that's going too far.

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lynny
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Re: $100 note to be discontinued?

Post by lynny » 08 Mar 2018, 09:18

I did see this a while ago and they reckoned there weren't many in circulation. The theory offered was that pensioners tended to hoard them so they could pay off tradies in cash. :lol:
You have to admit they make less of a lump under the matress.

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Buck_naked
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Re: $100 note to be discontinued?

Post by Buck_naked » 08 Mar 2018, 21:00

Speaking from experience Lynny???
Sooner we dump cash completely the better.
Fully electronic, every transaction tracked by the taxation department via skynet.
The budget would move immediately into surplus.
:character-oldtimer: :character-oldtimer: :character-oldtimer:

P.S. What is Bitcoin mining and can you get dust disease/black lung from it?

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lynny
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Re: $100 note to be discontinued?

Post by lynny » 08 Mar 2018, 22:14

Experience?.....Yeah actually Buck. Coles do often give $100 notes if I ask for cash out. I'm a great believer in getting a tradies real pensioner discount. :lol:

I'd love to try and understand computer money that doesn't really exist. Which genius thought of that then? Is it like buying gold bars on Candy Crush?

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grandduke
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Re: $100 note to be discontinued?

Post by grandduke » 08 Mar 2018, 22:52

Buck, has all that rain waterlogged your brain or is Malcolm pulling your strings.....AGAIN.
“You see things; and you say, ‘Why?’ But I dream things that never were; and I say, ‘Why not?’”
George Bernard Shaw

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