digamma.net - notes

June 2, 2007

Got My Hands On Some Grants Like Horace

Posted by digamma @ 1:01 pm EDT

Last night I tried to take $100 out of a Bank of America ATM, and it gave me two 50’s.

I have never seen an American ATM do this before. What am I supposed to do with 50’s? I only use cash for small purchases - movie tickets and drinks, pretty much. Lots of these businesses have signs saying they won’t take anything bigger than a 20.

This seems like a major change in policy. Is there some kind of major inflation coming down the pike that only BoA knows about? Will 50 2008 dollars be worth $20 in inflation-adjusted 2006 dollars?

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