What is Nostr?
thatguyoverthere / Peter Gibbons
npub17xg…d2gj
2023-02-19 00:14:44
in reply to nevent1q…7nf2

thatguyoverthere on Nostr: That's relatively new and not because they are being spent more frequently day to day ...


That's relatively new and not because they are being spent more frequently day to day than a lower denomination. They sit in foreign banks mostly.

> Not exactly. While overall demand for US currency is indeed on the rise, most $100 bills are held abroad. According to the Federal Reserve Bank of Chicago, nearly 80 percent of $100 bills—and more than 60 percent of all US bills—are overseas, up from roughly 30 percent in 1980.
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