The only advantage of 1 � (euro) bill is for the companies which sell paper/ink for making the bill. Since a bill wears out every 1 1/2 years, they will get regular order, whereas a coin lasts for 30 years.
By the way, I wonder why euro has denominations of 5, 10, 20, 50, 100, 200 & 500 when US $ has denominations of $1, $2, $5, $10, $20, $50 and $100 http://treasury.gov/education/faq/currency/denominations.html Bigger denominations help only smugglers and black marketers. I hope the World gets rid of these bad guys. Madan --- Han Maenen <[EMAIL PROTECTED]> wrote: > From: "Han Maenen" <[EMAIL PROTECTED]> > To: "U.S. Metric Association" <[EMAIL PROTECTED]> > Subject: [USMA:22078] RE: Spanish dollar > Date: Wed, 4 Sep 2002 08:35:14 +0200 > > Too bad that I have to report that there is a > backlash against the euro here > as it is blamed for price rises and most people > continue to convert > everything back to guilders. I hope that this stupid > backlash will ebb off > soon. > And there is the folly of an Italian proposal to > introduce a 1 euro > banknote. Two reasons are given, and I reject both. > They claim that a bank > note will give a better insight of inflation to the > people. I do not know > how. The second reason is, that as the US ha a one > dollar note, we should > have a 1 euro note. Let's go develop that notion a > bit further: as the USA > uses ifp, the EU should also use it. > > BTW: that stuff about a price of .25 cents was > hilarious! > > Han > > __________________________________________________ Do You Yahoo!? Yahoo! Finance - Get real-time stock quotes http://finance.yahoo.com
