is Tobacco according to Wiki answers, but Cash according to Bruce Bartlett:
"... 84 percent of the increase in cash since 1990 has been in the form of $100 bills, which have risen to 77 percent of the value of cash outstanding in 2012 from 52 percent in 1990.......According to a Federal Reserve study, the vast bulk of United States currency held abroad is $100 bills. Indeed, 65 percent of all $100 bills in existence circulate outside the United States."
P.S. See also http://www.econbrowser.com/archives/2013/04/who_is_holding.html
"... 84 percent of the increase in cash since 1990 has been in the form of $100 bills, which have risen to 77 percent of the value of cash outstanding in 2012 from 52 percent in 1990.......According to a Federal Reserve study, the vast bulk of United States currency held abroad is $100 bills. Indeed, 65 percent of all $100 bills in existence circulate outside the United States."
P.S. See also http://www.econbrowser.com/archives/2013/04/who_is_holding.html
No comments:
Post a Comment