Please change the title as this is about the $100 note. The "Benjamins" make up 76% of the US currency in circulation: http://econbrowser.com/archives/2013/0

Please change the title as this is about the $100 note. The "Benjamins" make up 76% of the US currency in circulation: http://econbrowser.com/archives/2013/04/who_is_holding http://econbrowser.com/archives/2013/04/who_is_holding Summers can say that this is all about criminals and tax evaders, but everyone should remember that if the government and fed want to impose negative interest rates on individual's savings then they have to eliminate cash or use some other unsavory techniques. This is a first step in that direction.