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D.C. Council member Michael A. Brown (I-At Large) noted that when he attended Shepherd Elementary School in the late 1970s, the public school system was educating 125,000 more children than today.
There have been 15,000 works both small and large noted - the most significant of which are the Most Holy Book, the Book of Certitude, the Hidden Words, and the Seven Valleys.
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Rogoff argues that the invisible large notes must be paying off-the-book wages.
Inside is a large chalkboard with a strain from Chopin written in large notes.
GAZETTE: How do such large notes facilitate crime, and how will their elimination help curtail that criminal activity?
The large notes do much more to facilitate crime and tax evasion than they do to facilitate legal commerce and retail transactions.
I would start by eliminating large notes — the $100 bill, the $50 bill — but envision eventually, after perhaps 15 years, also phasing out the $20 bill.
In my new book, The Curse of Cash, I offer a plan that involves very gradually phasing out large notes, while leaving small notes ($10 and below) in circulation indefinitely.
AT&T, of large note, turned down a chance to buy the Internet in 1972.
Prime Minister Modi and President Maduro have very little in common -- except they have pursued policies late last year that replaced large notes in circulation with new notes (India) or with coins (Venezuela).
To inhibit cash hoarding--when Japan announced it was imposing negative interest rates, the sale of safes soared--the authorities will want to do away with large notes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com