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Why don't you have a large denomination banknote like 1000,500?

author:Classic paragraph reading

The denomination of the renminbi is not fixed from the beginning. Since the establishment of the People's Bank of China in 1948 and the issuance of the first set of renminbi, the denomination of the renminbi has undergone many changes. At that time, in order to meet the needs of economic development, the renminbi was issued in denominations as high as 50,000 yuan. However, with the development of the economy and the improvement of the monetary system, large-denomination banknotes were gradually eliminated, and finally the denomination system that we are familiar with today was formed.

Why don't you have a large denomination banknote like 1000,500?

It's not a matter of 100 forbidden, and not most transactions have to be within one banknote, even if you have 200 banknotes, you have to pay an account of about 200, and I take two 100 bills It's not too much.

At present, we don't often have more than 500 dollars in cash transactions, and large denominations are useless.

Why don't you have a large denomination banknote like 1000,500?

To be honest, in China, do you think there are a lot of people who can get a dozen monthly salaries with a face value of 1,000 yuan? How many people can only take 3-8 cards.

For many people, if you accidentally lose a card, you try, for poor families, it may be three or five months of living expenses!

Why don't you have a large denomination banknote like 1000,500?

Looking at some cases in the early days of the founding of the People's Republic of China, the monthly salary of workers and teachers at that time was 3.5 million yuan, because of this first set of renminbi. But it has not been reflected in various TV series at all, and it is still three or five pieces.

The first set of renminbi was a legal tender printed and issued by the newly established People's Bank of China on December 1, 1948.

A large part of the reason why the denomination of the first set of renminbi is so large is that the gold yuan coupons are making trouble, and the denomination is getting bigger and bigger due to serious inflation.

Why don't you have a large denomination banknote like 1000,500?

Not to mention China, even the European Union, large denominations of euros are rare, and many people have never seen 500 euro banknotes in their lives.

Just like the $1 hair removal tribute seen in "A Million Ways to Die in the West", the 500 euro banknote will look sideways even if many people in the EU see it.

Why don't you have a large denomination banknote like 1000,500?

The main reason is that the salary is too low, three or four banknotes a month, the enthusiasm for work is gone, the consumption of ordinary people is low, and the turnover of ordinary stores cannot break this denomination, and the large denomination can only be used for settlement, and the settlement can be bank transfer, which is not necessary.

Why don't you have a large denomination banknote like 1000,500?

This was the first set of renminbi issued in 1948. 52 years should be, ask all to exchange for the second set. 10,000 old dollars for 1 new dollar.

However, it is not like scraping the wool of the People's Party, because the old currency was originally denominational, and the pocket money donated by primary school students at the time of the War to Resist US Aggression and Aid Korea was 300 for you and 500 for me.

Why don't you have a large denomination banknote like 1000,500?

The inconvenience of communication with large banknotes, the development of electronic money, and the diversification of payment channels have greatly weakened the circulation of banknotes. A typical phenomenon is that people can go out without cash, but not without their mobile phones.

In order to curb illegal and criminal activities, you must know that cash transactions are not recorded, and the larger the face value of the same amount of banknotes, the easier it is to carry.

Think about the fact that in the past, the transaction of 1 million gold stars had to carry at least one large box, and if there were 511 large denomination banknotes in the pocket, it would greatly reduce the risk of the transaction, which means that it is easier to escape the supervision of law enforcement.

For example, for those who make counterfeit banknotes, the denomination value is large, and the income is doubled.

Why don't you have a large denomination banknote like 1000,500?

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Why don't you have a large denomination banknote like 1000,500?

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