Here Is The Real Reason Why Authorities Want To Ban High Denomination Bank Notes

500 euro

Here Is The Real Reason Why Authorities Want To Ban High Denomination Bank Notes:

Here is the real reason why suddenly high denomination bank notes are the target: it is not because “drug dealers” and tax-evaders use them, but because between banning Europe’s €500 bill and the US $100 bill, over half of all physical currency currently in circulation would disappear.

 

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