Insurance companies and banks would shift into more tax-exempt debt.
You cannot strengthen the weak by weakening the strong. Hope this brightens up your day a bit and gets you ready for a great weekend. Larger sized notes in circulation before 1929 measured 3. If you want a few laughs, or at least a smile or two, check these out today.
The first paper notes were printed in denominations of 1 cent, 5 cents, 25 cents, and 50 cents.