Wednesday, October 8, 2008

Printing Money

My son wanted to know what the highest denomination of bill he could save for. It started at $100. He wanted to save his allowance until he could trade his dad for an actual $100 bill. Fabulous, I thought, anything to teach him to save his money. My husband told him he thought the highest denomination was $10,000 but that there might be a $100,000 bill. I would do a cartwheel if the kid could save $1000 but whatever...

So this morning we looked on line together to find out what he could save for. We were totally disappointed. The highest bill in print today is the $100. At one time between 1934 and 1935 they printed a $100,000 but only for that short time. We are also no longer printing the $500, the $1000 or the $10,000.

I thought this says alot about our nation and the pickle we are currently in. People don't value good old fashioned cash anymore. It's so much better to have a shiny new CREDIT CARD!

My grandmother is the only one I knew that ever appreciated the good old fashioned dollar. When she died we were going through her clothes. I picked up my favorite dress of hers and for some reason checked the pockets~ out I pulled a $100 bill. We all laughed because she was known for stashing cash around the house. After that we had to check every pocket of every piece of clothing she owned and every nook and cranny of her house.

I guess I should be happy if at seven, my son saves even $100. I just wish we came up with at least a $500 bill just to challenge him!

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