4 ms·
Demand for $100 bills illustrates the increasingly underground use of cash
- cwwc 5y agoYeah, could be either — a lot of ATMs aren’t giving me 20s (much less 10s or 5s ha)
- garmaine 5y agoOr inflation…
- raincom 5y agoThese days ATMs are dispensing 50 dollars bills by default, unlike 20 dollar bills a couple of years ago. What does it tell?
- JohnFen 5y agoI've gone the opposite way: I've stopped using my card for almost all purchases and have gone cash only.
- quantified 5y agoThe merchant keeps 3% or so more of the purchase from cash, most of them seem to appreciate it. And it seems a lot of people who work the registers are unaware. Living in a place with a high cost of living, $100 bills are practical. $300 is a significant thickness of $20 bills, but only 3 c-notes. $20 doesn’t fill your tank anymore.