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Cash Isn’t Going Away. Here’s Why.

FYI: Hundred-dollar bills are the cockroaches of the international payments system: They’re hard to get rid of, there’s more of them than anyone is willing to admit, and they thrive out of the daylight.

The total number of $100 bills used to be lower than $1 or $20 bills, which makes sense given the value of most purchases and the amount of cash most people can afford to carry.

Now, things have flipped and there are more hundreds in circulation than ones or twenties, the Washington Post reported.
Regards,
Ted
https://www.barrons.com/articles/cash-isnt-going-away-heres-why-51552083245?mod=djem_b_Weekly barrons_daily_newsletter

Washington Post Article:
https://www.washingtonpost.com/business/2019/03/04/there-are-more-bills-circulation-than-bills-it-makes-no-cents/?noredirect=on&utm_term=.528e22bba7db
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