James McAndrews argues for higher-denomination currency for reasons of privacy and convenience.
Joshua R. Hendrickson says maybe they don't.
William J. Luther argues that we shouldn't tax currency at all. We should modestly reward holding it, through a bit of deflation.
William J. Luther says it matters a lot more than we might realize.
Joshua R. Hendrickson talks about how to make high-denomination notes that discourage crime and reward lawful behavior.