This story is almost too on the nose. The Treasury Department is preparing for a proposed $250 bill featuring the sitting president's face, pending congressional approval, because apparently the 250th anniversary of the country now requires commemorative legal tender with a living politician on it.
There is a serious monetary point buried under the circus. The $100 bill has been the largest U.S. note since 1969. Since then, the dollar has lost the vast majority of its purchasing power. A $250 bill is an admission that the old denominations do not buy what they used to.
Voltaire famously said “All paper money eventually returns to its intrinsic value: zero.”