Banknotes are useful. Not only do they provide their owner with a standard set of payments services, they also offer financial anonymity. ...

The U.S. $10,000 was available till Nixon nixed it in 1969 For the last few years the conversation about cash has been dominated by Ken...

Two years ago, Indian PM Narendra Modi suddenly demonetized all of the nation's  ₹ 1000 and  ₹ 500 banknotes. His stated goal was to...

Ken Rogoff has famously called for a ban on high denomination banknotes in order to help combat tax evasion and hurt criminals. But ra...

In my recent post for the Sound Money Project, I touched on the odd relationship between central banker and gangster. I want to focus a...

Bruno Liljefors, 1899, link The tax authority and the tax payer are engaged in an age-old cat and mouse game, tax payers trying to perf...

Prime Minister Narendra Modi surprised Indians today by announcing that India's highest denomination notes, the 500 and 1000 rupee...

The US$5000 banknote, destroyed in 1969 along with the $10,000, $1000, and $500 notes With the publication of his new book The Curse of...