3 ms·
Not necessarily - Since most money is held in banks, electronic transactions, etc - the question is more the 'value of supporting this denomination in currency
by cat199 10y ago
Not necessarily -
Since most money is held in banks, electronic transactions, etc - the question is more the 'value of supporting this denomination in currency to the economy' than the cost of a coin.. Like of $100M USD worth of tax/federal reserve interest revenue is generated from $10M of $100 bills that cost $15M to produce, it's not really a loss, but a business expense...