The U.S. stopped printing bills higher than $100 in 1945 due to low demand. In 1969 a presidential order declared that banks were no longer required to issue high-denomination bills because they were being used by organized crime to hide large illegal transactions. As a result, high-denomination bills are effectively no longer in circulation.
The widespread use of electronic purchases and currency transfers today means ordinary citizens would still probably not large billsif they were printed again. Some years ago there were discussions about printing $500 and possibly $200 bills in response to increased prices due to inflation, but nothing ever came of the proposals. Few countries worldwide use high-value bills, for similar reasons. The EU does issue €200 and €500 notes (roughly US$250 and $650); 200s are sometimes given out by ATMs but are difficult to "break" in ordinary transactions.
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