Frank Hucklenbroich a =E9crit :
> Am 22 Nov 2006 05:10:07 -0800 schrieb JPG:
>
> > I wonder how many in the Euro zone have seen, let alone carried, a note
> > of such high value. Even in the US where $1000 bills supposedly exist,
> > very few are to be seen.
>
> Its not that rare. In Germany the highest bill that we used to have in
> Deutschmark was 1.000 DM, which is roughly the same as 500 EUR.
>
> Remember that in many European countries people still prefer cash over
> credit- or bank-cards. Especially when it comes down to elderly people.
> When they call a company to have their house painted, they often come to
> the company-office to pay their bill in cash. Even if its a few 1000 EUR.
>
> Or when you buy certain things that require cash, like used cars.
>
> At least here in Germany, if you buy a used car from someone private (not=
a
> company), it is still common to pay cash. So when you buy a car for say
> 10.000 EUR, you go to the bank and demand 10.000 EUR of your account. Only
> 20 bills that fit easily in your pocket. Not unusual at all. Then again, =
we
> have a rather low crime-rate, when it comes down to things like robbery.
>
> And of course for every transaction that should not be in "the record" (=
=3Dif
> people do illegal jobs to avoid tax, bribes, whatever). Don't underestima=
te
> the "shadow-market".
>
> Regards,
>
> Frank
If I remember correctly the debate over the various denominations of
the to-be-created euro, the taste of germans for "solid geld" was one
of the prime movers to create such notes. In France we had 500 francs
notes max since people used a lot of checks and credit cards.
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