In the early 1900s, a bottle of Coke cost a nickel, a Ford Model T could fetch $290 and some apartment rents dipped as low as $4 a month.

So it might sound intuitive that now we’d have larger bills to make the purchasing process more convenient, more efficient.

That’s why listener Rabin’ Monroe wrote in with the question, “Why aren’t we using $1,000 bills anymore? Seems more appropriate to use them now than back in the early 20th century.”

EARLY-6.27%

S-4.24%

D-0.92%

WHY-2.76%

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