Let’s Abolish the $100 Bill ...Middle East

Did you know that the United States now produces more $100 bills than any other denomination? “The $100 bill overtook the $1 bill … six years ago,” Oliver Bullough reports in Mother Jones, “and the trend has accelerated since: At the end of 2022 there were 18.5 billion $100s out there, and the Treasury Department printed another 1.5 billion in 2023. Of the total value of currency in circulation, 80 percent consists of notes with Benjamin Franklin’s face on them.”The Benjamin is king—even though, as, Bullough notes, “ATMs typically don’t dispense them.” Look in your wallet, dear reader. You won’t likely find any $100 bills, unless you have some special reason. Indeed, you won’t likely find mu

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Let’s Abolish the $100 Bill ...Middle East

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