4 ms·
I thought that was the main use of the $100 bill. Supposedly 2/3 of the $100 bills circulate outside the US [1], presumably for money laundering type activitie
by cschmidt 13y ago
I thought that was the main use of the $100 bill. Supposedly 2/3 of the $100 bills circulate outside the US [1], presumably for money laundering type activities.
[1] http://en.wikipedia.org/wiki/United_States_one_hundred-dollar_bill http://en.wikipedia.org/wiki/United_States_one_hundred-dolla...
- Retric 13y agoUS Cash is often used for Legal transactions outside the US. Basically, people often trust USD more than there local currency's. Either from inflation concerns or simply there ability to spend it outside of there home country.