Don't forget the other major change that all retailers would have to make. All cash drawers and the insertable tills(money trays) will have to be re-sized so that the new currency fits inside them. Most cash registers don't have any extra space and can't be adapted easily.
Vending machines would not only have to be reprogrammed to read the new bills, the slots would have to be widened to accommodate the resized currency. Not to mention the effect this will have on the wallet industry if it passes.
It's not as simple as just printing different sized bills. The associated costs of a change of this magnitude are unreal.
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Don't forget the other major change that all retailers would have to make. All cash drawers and the insertable tills(money trays) will have to be re-sized so that the new currency fits inside them. Most cash registers don't have any extra space and can't be adapted easily.
Vending machines would not only have to be reprogrammed to read the new bills, the slots would have to be widened to accommodate the resized currency. Not to mention the effect this will have on the wallet industry if it passes.
It's not as simple as just printing different sized bills. The associated costs of a change of this magnitude are unreal.