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That's a good one Mike! Actually, I saw the same thing on the news the other night. I got a good laugh from it. I guess what happened is that a 35-year-old lady from Georgia gave a million-dollar bill with the Statue of Liberty on it to a cashier at a Wal-Mart to pay for about $2,000 worth of stuff. The cashier at Wal-Mart immediately knew it was fake and notified her manager, who called the cops. The lady was arrested for forgery and booked into the sheriff's lockup, so she's in big trouble and will probably end up in jail for a few months. The funny part of this is that the lady actually expected the cashier to have $998,000 in change! Most cashiers try to keep only a few hundred bucks in the cash register at a time. If the cash starts to build up, the cashier will take most of the money and give it to the manager to keep in a safe place. I guess this lady missed her money lesson in school or something!
I did some research on the bills after I heard this story and found out some information that might help. The largest bill in the US Currency is only a $100 bill, but it hasn't always been that way. It was not too long ago that larger bills were used, especially by banks to transfer money between themselves. In fact, my dad told me that he's seen a $500 bill, and a $1,000 bill and even a $10,000 bill. In 1969, the Department of the Treasury and the Federal Reserve System discontinued these larger bills because they didn't get used enough. We've got a pretty cool section in Bank Jr. that can teach you more about US Currency. Go check this out.
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