There's been a mysterious surge in $100 bills in circulation, possibly linked to global corruption

The amount of $100 bills in circulation is surging. And it's leaving some economists scratching their heads. The number of outstanding U.S. $100 bills has doubled since the financial crisis, with more than 12 billion of them across the world, according to the latest data from the Federal Reserve. C-notes have passed $1 bills in circulation, Deutsche Bank Chief International Economist Torsten Slok highlighted in a note to clients this week.

A 2018 research paper from the Federal Reserve Bank of Chicago estimates that 60 percent of all U.S. bills and almost 80 percent of all $100 bills are now overseas. That amount is up from 15 to 30 percent around 1980, according to research from Federal Reserve Board economist Ruth Judson. She found that economic and political instability contribute to this demand. Projecting future demand for U.S.

Uh.... could the explanation be something as simple as global population increase and more people needing/using King Dollar - the international reserve currency?

But mostly related to Chinese traveling everywhere across the globe in the past decade.

Need to get a head of all that inflation that's coming and create a 1000 dollar bill. That will help. Ha

There is a reason for the increased interest in Bitcoin and Cryptocurrency. “Long Bitcoin Short the Bankers” APompliano

That means it's only matter of time that the new bills will be coming out.

lambert_pp CNBC should know better, it's called inflation. CNBC did you know pitchforks are the best investment right now? They won't help you though

They need to make a $200 bill already.

All you permabull cronies trying to launder your ill gotten gains from FED and Trump manipulated stock market

You think? If people knew the truth, it would all crash down

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Democratic super PAC launches $100 million, four-state campaign to challenge TrumpNot waiting for their party to pick a nominee, the leaders of Priorities USA say they are launching a voter outreach campaign in four states crucial to toppling President Donald Trump: Florida, Pennsylvania, Wisconsin and Michigan ZZZZZzzzzzzz Money not well spent Look at them using the electoral college... wait, I thought the DNC didnt believe in the electoral college?
Source: CNN - 🏆 4. / 95 Read more »

Taiwan loans Nicaragua $100 million in ongoing bonding between isolation nationsTaiwan has given Nicaragua a $100 million loan to help it recover from nearly a year of protests and riots, easing a stubborn deficit in the Latin American country and protecting a valued diplomatic alliance. A small sum totally inadequate Formosa🇨🇳needs to return to China🇨🇳 That's what Taiwan🇨🇳paid for here and really deserves SOSNicaragua🇳🇮💋🇻🇦
Source: latimes - 🏆 11. / 82 Read more »

Why the CEO of this company with $100 million in sales flies economy, shares hotel roomsThis is why Boxed’s CEO skips business class and flies economy for international flights. via CNBCMakeIt MakeIt Astrochieh I think traveling worldwide to be in meetings and presentations requires a proper mindset. To achieve that one should be comfortable when traveling and have some kind of privacy for space...Frugality is awesome, but when it could possibly hinder productivity...eh. MakeIt Size matters!
Source: CNBC - 🏆 12. / 72 Read more »

Macy's earnings top estimates, to cut 100 jobs in restructuring; shares riseMacy's announced a restructuring plan that it said should help it generate annual cost savings of $100 million.
Source: CNBC - 🏆 12. / 72 Read more »

Macy's new restructuring to cut 100 senior positions, save $100 million annuallyMacy's Inc said on Tuesday it would cut 100 senior management positions as ... Nice to see the guys higher up on the economic food chain taking the hit for a change... Well good luck with that. This is pennies. 100 people at Macy’s make 1 million/year?
Source: Reuters - 🏆 2. / 97 Read more »

Facebook cofounder Dustin Moskovitz explains how his $1.5 billion startup Asana hit a $100 million milestoneThe $1.5 billion startup Asana announced that it has crossed $100 million in annual recurring revenue. CEO Dustin Moskovitz explains how Asana did it. Indeed he can put Facebook way behind and create A much powerful social Media.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Macy's is cutting 100 management jobs as part of a restructuring plan that it expects to save $100 million annuallyMacy's is cutting 100 management jobs as part of a restructuring plan.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Brothers who cofounded a $100 million company say a question their mom asked every night at dinner inspired their businessEvery night, as the family sat around the dinner table, she would ask her 6 kids to tell her something good that happened that day. Would be glad if they manufactured it back home than outsourced it from emerging nations
Source: BusinessInsider - 🏆 729. / 51 Read more »

Democratic group to spend $100M targeting 2020 battlegroundsDoes Mr. Trump have British citizenship? Scottish? Canadian? Greenlandish? Because spending more worked for Hillary last time.
Source: ABC - 🏆 471. / 51 Read more »