Fox News: “Number of $100 bills circulating the globe skyrocketing, this could be why”By admin_45 in IN THE NEWS
Excerpt from Fox News quoting DataTrek's Nick Colas:
.... " According to Nicholas Colas, co-founder of market research firm DataTrek Research, there are about $1.3 trillion worth of $100 bills currently in circulation. Some of this can be attributed to population growth and inflation, which has caused amounts of every denomination of U.S. currency to rise. However, Colas said, the $100 bill is a “different animal” than most other forms of currency"....
Read the full article here on Fox News!