> 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.
I had some Pfennige from 1949!!!
> 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
easy explanation, electronic payment isn't welcome in europe, people prefer
cash.
almost all shops accept EC Card but virtually no one Credit Cards, no shop
wants to pay for the fees!
> 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
> >
> >
>
>
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