No More C Notes
More counterfeit bills circulating in Eureka. Nothing new there, I suppose.
The easy way to solve the problem, at least with large denominations is just to stop accepting large bills. I've seen a few places in town that have notices saying they don't accept $50 and $100 bills. I believe Taco Bell is one of them. Good for Taco Bell.
Problem is, what do you do if someone goes into a restaurant, orders a meal, then tries to pay with a $100 bill claiming he didn't notice the sign? That could cause a problem. I'd suggest taking the bill only after seeing ID and taking a photo of the guy.
Sure, might seem a bit rude for a business to go after a customer for trying to use a large denomination bill, but I think people that carry around 50 and 100 dollar bills for regular use are rude themselves.
Not only is there the problem of counterfeits, it can make giving change problematic. I know I've worked at places where giving change could be a problem on days where we'd receive a bunch of just $20 bills. You can run out of change five times as fast if everybody came in paying with $100s.
I have a couple customers who often pay me, all or in part, with $50 or $100 bills. They get the money from the bank, of course. I can't help but wonder why they don't get their money in smaller denominations?
I shrug it off and don't spend them. I take them to the bank and have them broken down into $10 bills. Too bad everyone else can't seem to do the same.