If $100 bills are eliminated from US currency, 78% of all cash will have to be replaced with smaller bills...or we will simply be forced to do more high dollar transactions with credit/debit cards. Any of you guys selling in the classifieds section take MasterCard?
Table 1: The largest bills in circulation account for over 2/3 of all currency in circulation - End of 2015 where available
Source: GoldMoney Research, Bloomberg, FED, ECB, BOJ, BOE, RBA, SNB, BOC, BM, RBNZ, SRB, RBI, BCB, CBR, IMF
Table 1: The largest bills in circulation account for over 2/3 of all currency in circulation - End of 2015 where available
Source: GoldMoney Research, Bloomberg, FED, ECB, BOJ, BOE, RBA, SNB, BOC, BM, RBNZ, SRB, RBI, BCB, CBR, IMF