The world can't get enough $100 bills

[tiddlywinks]

According to the Federal Reserve, the number of $100 bills has roughly doubled since the global financial crisis

The IMF pointed out that most - an estimated 80% - are held abroad.

https://www.marketwatch.com/story/w...st-cant-get-enough-of-the-100-bill-2019-07-25

 

[Stockolio]

According to the Federal Reserve, the number of $100 bills has roughly doubled since the global financial crisis

The IMF pointed out that most - an estimated 80% - are held abroad.

https://www.marketwatch.com/story/w...st-cant-get-enough-of-the-100-bill-2019-07-25

The US dollar is the world's Reserve Currency...

 

[zdreg]

Some day with high inflation and the dollar no longer the world reserve the US will resemble e.g. Argentina https://www.atmmarketplace.com/arti...nos-aires-because-of-a-shortage-of-banknotes/

 

[Cuddles]

soon in a bakery near you:

 

[tiddlywinks]

The US dollar is the world's Reserve Currency...

And yet, The U.S. dollar’s share of currency reserves reported to the International Monetary Fund fell in the fourth quarter, down for the third straight quarter, while the euro’s share of reserves grew to the largest in four years,


3/29/2019
https://www.reuters.com/article/us-...l-in-the-fourth-quarter-of-2018-idUSKCN1RA1WH

 

[tiddlywinks]

Monetarists really need to realize that the Quantity of Money theory is broken. It does not consider demand, and one step further, a necessity for demand known as confidence.

Turkey is a current example.

 

[Pekelo]

1. As long as there are growing number of products and services to pay for, we need more currencies.

2. Something like 90% of the dollars are virtual, they only exist in computers and bank servers.

Glad I was able to help.

 

[easymon1]

https://www.theguardian.com/world/2007/feb/08/usa.iraq1
Imagine my surprise
.

 

[nooby_mcnoob]

And yet, The U.S. dollar’s share of currency reserves reported to the International Monetary Fund fell in the fourth quarter, down for the third straight quarter, while the euro’s share of reserves grew to the largest in four years,


3/29/2019
https://www.reuters.com/article/us-...l-in-the-fourth-quarter-of-2018-idUSKCN1RA1WH

Really interesting article, thanks. I think it's probably important for your own cash management purposes to be long currencies on this chart, and short currencies that are not on this chart. For now, I am.

 

[tiddlywinks]

I think it's probably important for your own cash management purposes to be long currencies on this chart, and short currencies that are not on this chart.

In the short-term, don't be surprised to see Euro take center stage. Brexit(Oct2019??) and it's ramifications, along with the sustainability problems of Euro will once again be forefront. But the Fed just lowered IR's!?!?!... It's doesn't matter.