US debt limit going up again-Maybe we need bigger currency?
Posted By RichC on January 1, 2012
Hmm … not that I have any of these, but it was interesting to know just what the largest currency denomination was … $100,000, but it was retired as well as other bills over $100. Seeing that our nation’s debt limit will soon rise yet again, maybe we need to bring back bigger currency denominations?
And you ask … “what made you think of this?”
Lexington man charged with making a fake $1 million bill and trying to spend it
Talk about leaving the store with a big chunk of change.
A Lexington man is accused trying to use a fake $1 million bill to pay for his purchases at a Walmart.
Michael Anthony Fuller, 53, of 3 Parker St., walked into the Walmart on Lowes Boulevard in Lexington on Nov. 17. He shopped for a while, picking up a vacuum cleaner, a microwave oven and other merchandise, totaling $476, an arrest warrant says.
When he got to the register, Fuller gave the cashier the phony bill, saying that it was real.
Store staff called police.
Fuller was later charged with attempting to obtain property by false pretense and uttering a forged instrument, both felonies, court records show.
A warrant says of the fake million-dollar bill: "There is no such thing."
The largest bill in circulation is a $100 bill. In 1969, federal officials discontinued the use of $500, $1,000, $5,000 and $10,000 bills because of lack of public use.
The largest note ever printed was the $100,000 bill, which featured President Woodrow Wilson. The bills, which were not available to the public, were printed from Dec. 18, 1934, through Jan. 9, 1935, and were used for transactions between Federal Reserve banks.
Fuller was being held Friday night in the Davidson County Jail with bond set at $17,500. He is scheduled to appear in court Tuesday.
Lexington police Sgt. Shannon Sharpe said the case is unusual.
"It is kind of strange," Sharpe said.
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