Who Needs the $100 Bill?

Summary


WHEN WAS the last time that you had any need for a $100 bill or perhaps a $50 bill? Indeed, most purchases that Americans conduct over $20 are in the form of a check, wire transfer, credit or debit card. This raises the question: Who has the need for the $100 bill?

The answer is clear the underground economy and criminal economy thrive on paper cash, especially the $100 bill.

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Extract


Who Needs the $100 Bill?

Because paper-cash transactions are non-transparent, anonymous and untraceable, paper cash has allowed criminal activity and the underground economies to thrive. In...

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