Eliminating Big Bank Notes
Peter Sands
![Peter Sands]()
Peter Sands
Executive Director at The Global Fund to Fight AIDS, Tuberculosis and Malaria
Larry Summers jumped into the debate on the future of high denomination notes such as the €500 note and the $100 bill with a typically powerful blog
This prompted some reactions to which Larry and I responded
Nurse Practitioner Tomagwa Clinic Ministries in Tomball Texas
8 年Totally agree. Seems interesting that some who have a financial advantage over others want to spout this avenue of currency in circulation. It only creates a cover for their malicious acts.
Power Trading, ERCOT at NRG Energy
8 年Serious question: Why not admit that it is about removing nominal outstanding currency in circulation to the tune of $1.2T and paves a path for a cashless society to push NIRP rates further negative? A sudden concern of acting as a "deterrent to crime" appears sullenly disingenuous.