Today in 1969, large denomination bills of US Currency, e.g. $500, $1,000, $5,000 and $10,000 bills were officially withdrawn from circulation. While you could use these large bills after July 14, 1969, banks no longer distributed them, in an effort to reduce corruption and illicit uses of large denomination bills.
"In 2016, Donald Trump became the first major-party candidate in more than half a century to advocate a return to the gold standard for the U.S. dollar. My guest, James Ledbetter, says most mainstream economists agree the idea is completely unworkable. But for much of American history, it was an article of faith that real money ought to be gold or at least redeemable for gold or another precious metal."
"Federal Reserve officials raised the benchmark lending rate to a range of 1 percent to 1.25 percent on Wednesday, the central bank’s third such move in six months. In the hours since the decision was announced, U.S. banks including Citigroup Inc., U.S. Bancorp and SunTrust Banks Inc. announced that they’ll pass on the higher interest rates to borrowers, without disclosing plans to provide better rates for deposit customers."
"After years of stubbornly low interest rates, U.S. banks have been slow to increase offers for deposit accounts. They are seeking to benefit from a fatter margin between what they charge for loans and what they pay out to customers who provide the funds."
Lotteries exploit the poor and generally make their lives much worse, especially when they win.
"The Trump administration has gone to court to try to bring the Consumer Financial Protection Bureau under its control. The bureau is an executive branch entity, but the president doesn't have direct control over the six-year-old agency.
The Justice Department filed a brief with a federal appeals court in Washington on Friday, making the case that the structure of the agency violates the Constitution."
I wish they would do away with the $100 bill. I occasionally get them at work, and they are a pain to deal with. 90% of currency I keep in my wallet is $1 bills, because they are most useful. I occassionally have a $5 or $10, or maybe a few $20 when i am on a road trip, but these days plastic is much easier, as you don't deal with change.