Actually, that’s backwards. Using Canadian currency to pay for something priced in USD means that you’re paying more, because CAD is worth more per unit. If you pay $1 CAD for something that costs $1 USD, you’re overpaying by about a cent.
The poster getting the “good deal” works at the store accepting the Canadian $ at face value.
Totally off topic, but that article might just contain the best sentence on Wikipedia:
:smack: Somehow I read “my store” as “the store I patronize” and not “the store I’m employed by.” Herp the derp, sorry Sunspace.
I had been saving for, and researching HD TVs. One morning I hit a substantial jackpot at the local casino, so I stopped at Best Buy on the way home to see if they had the model that I had decided upon. I paid $1700 in cash and was kind of amused that they had 3 different employees and a manager count it before sending me on my way.
I recently learned that in some places in Europe, the 500-euro note is called a “bin Laden,” because everyone has heard of it, but no one one has seen it. Really.
No prob. Any extra he gets is probably eaten up by exchange rates during the conversion at the bank anyways. The Canadian dollar would have to be around 1.08 American before he’d start getting more than 1 USD in change for each CAD after paying fees (at least if the rates charged by those robbers at the Toronto airport are any indication).
When I worked on a register, most of the time when I was counting cash more than once, it was to make sure the customer hadn’t overpaid, e.g., due to bills being stuck together. I think the vast majority of errors I caught were in the customer’s favor (i.e., I handed money back to them instead of requiring more).
I had that thought, too, which is why I privately concluded that the owner probably either has a Canadian vendor who accepts cash or has a personal reason to spend cash in Canada that he could swap out Canadian money in the store for personal USD.
The reason there are no federal reserve notes larger than a $100 bill is due to weight. One million dollars in $100 bills weighs 22 pounds. Although not impossible, moving around 10 million dollars (220 pounds) would be a rather large hassle. Imagine a billion dollars in cash: well over a ton of paper. Clearly, drug smugglers and money launderers would prefer $1000 bill (or larger).
However, in today’s day and age it is doubtful how meaningful this still is. Electronic transfers, malware, and even BitCoin are all more attractive than moving paper currency around.
Maybe they will change their mind and create a new $500 bill. (Get rid of the penny at the same time too.)
Aww, I saw this and thought “Dude, that can’t be a new Diamonds02 thread!”
No, no it can’t.
So a $1000 bill weighs more than a hundred? When was the last time you weighed the bills in your wallet? How many times do you have to transport a million dollars across town? It’s not more than a few times a month for me, and I can get my valet to do it in between polishing the limo, cleaning the pools and washing my personal jet.
While your maid polishes the knob. 
I think the point was, it makes it harder to move around large dollar amounts of illegal cash because of it’s bulk. A million in $1000 bills would be much smaller than a million in $100 bills. The actual bills are the same weight ,there’s just less of them.
I fail to see where this was said or implied. But $10 million in $1000 bills would weigh 1/10 as much and take up 1/10 the space as $100s.
You seem to have missed the point of the post. kirwayland is suggesting that Federal government doesn’t print bills larger than $100 in order to make it harder to move/conceal large amounts of cash by people engaged in illicit pursuits. I don’t know if this is a consideration, but it would certainly be easier to move a given amount of cash in larger bills.
zombie or no.
merchants made a fit nationwide. having to keep more change on hand was a burden. it was considered sport to buy a pack of gum using large denominations, $100 was bad enough.
You seem to have missed the point of the parody.
The biggest bills are $100.
Any transaction $10,000 or over in cash must be reported by certain types of businesses.
Even breaking up transactions into smaller pieces to avoid reporting limits is a crime.
Banking requires strict identification rules now.
The government has made it harder and harder to live life outside their eagle eyes.
If your post was intended as a parody, it wasn’t a particularly good one.
What exactly were you parodying?
Don’t forget this guy:
-$1,000,000,000,000, Harry S. Truman
There’s still a few places you need large amounts of cash, say several hundred to several thousand dollars. Gun shows and Antique shows and help and services you hire off Craigslist. I think this will start to change since it’s getting easier for average people to take credit cards with Square and whatnot. Other than that I never use cash, even when I need a 99 cent part from Menards.