Large Denomination Notes and Coins
You can read an interesting article here on the £1m and £100m banknotes created by the Bank of England. In an earlier post, I explained how these 'giants' and 'titans' form the backing assets for Northern Irish and Scottish banknotes. Notably, the US flirted with the idea of a $1 trillion dollar platinum coin to help the Obama administration circumvent its debt-ceiling commitment. Click here to read more.