In 2007 the federal reserve estimated that 60% of all US bank notes were being held and traded overseas, almost always in violation of some local money launderi

In 2007 the federal reserve estimated that 60% of all US bank notes were being held and traded overseas, almost always in violation of some local money laundering law. What happens to those dollars if people start laundering with a different currency? https://www.stlouisfed.org/publications/central-banker/spring-2007/how-us-currency-stacks-upat-home-and-abroad https://www.stlouisfed.org/publications/central-banker/sprin...