<story><title>Sugar industry secretly paid for favorable Harvard research</title><url>https://www.statnews.com/2016/09/12/sugar-industry-harvard-research/?</url></story><parent_chain><item><author>Odin78</author><text>What prevents people from withdrawing all their money in 500€ notes from the bank, trading them in for 550€, exchanging the money for 500€ notes at the bank and repeating this until they&amp;#x27;re filthy rich?</text></item><item><author>wazoox</author><text>In some Paris suburbs, a 500€ note can be sold for 550€ or more. I&amp;#x27;m pretty confident this is not for its legal uses.</text></item><item><author>jcbrand</author><text>Makes you wonder how many other studies are bought and paid for, such as the recent studies highlighting the evils of allowing cash (or at least high denomination notes) in our society.&lt;p&gt;For example, from this Guardian article:
&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.theguardian.com&amp;#x2F;commentisfree&amp;#x2F;2016&amp;#x2F;feb&amp;#x2F;15&amp;#x2F;crime-terrorism-and-tax-evasion-why-banks-are-waging-war-on-cash&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.theguardian.com&amp;#x2F;commentisfree&amp;#x2F;2016&amp;#x2F;feb&amp;#x2F;15&amp;#x2F;crime-t...&lt;/a&gt;&lt;p&gt;&amp;gt; Calls for the eradication of cash have been bolstered by evidence that high-value notes play a major role in crime, terrorism and tax evasion. In a study for the Harvard Business School last week, former bank boss Peter Sands called for global elimination of the high-value note.</text></item></parent_chain><comment><author>chki</author><text>Well, maybe there is a certain Risk attached to selling 500€ notes to a total foreigner in a shady suburb of Paris. Might be that you lose a 500€ notes every five transactions if you are just a casual guy.&lt;p&gt;On top of that it is not that easy to acquire 500€ notes: going to your regular ATM will not work because nobody has a use for these large notes except to store money.</text></comment>
<story><title>Sugar industry secretly paid for favorable Harvard research</title><url>https://www.statnews.com/2016/09/12/sugar-industry-harvard-research/?</url></story><parent_chain><item><author>Odin78</author><text>What prevents people from withdrawing all their money in 500€ notes from the bank, trading them in for 550€, exchanging the money for 500€ notes at the bank and repeating this until they&amp;#x27;re filthy rich?</text></item><item><author>wazoox</author><text>In some Paris suburbs, a 500€ note can be sold for 550€ or more. I&amp;#x27;m pretty confident this is not for its legal uses.</text></item><item><author>jcbrand</author><text>Makes you wonder how many other studies are bought and paid for, such as the recent studies highlighting the evils of allowing cash (or at least high denomination notes) in our society.&lt;p&gt;For example, from this Guardian article:
&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.theguardian.com&amp;#x2F;commentisfree&amp;#x2F;2016&amp;#x2F;feb&amp;#x2F;15&amp;#x2F;crime-terrorism-and-tax-evasion-why-banks-are-waging-war-on-cash&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.theguardian.com&amp;#x2F;commentisfree&amp;#x2F;2016&amp;#x2F;feb&amp;#x2F;15&amp;#x2F;crime-t...&lt;/a&gt;&lt;p&gt;&amp;gt; Calls for the eradication of cash have been bolstered by evidence that high-value notes play a major role in crime, terrorism and tax evasion. In a study for the Harvard Business School last week, former bank boss Peter Sands called for global elimination of the high-value note.</text></item></parent_chain><comment><author>dalore</author><text>These suburbs where you can sell your 500 eur note aren&amp;#x27;t probably the ones you want to go to carrying a stack of 500 eur notes.&lt;p&gt;You might end up selling them for 0.</text></comment>