The big money is still out there - July 11, 2018
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The big money is still out there

Wednesday, July 11, 2018

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by WithdrawCashWednesday

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Cash is King

Today's the Day



 

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The big money is still out there.

About $300 million worth of cash circulated is in high denomination bills that are no longer issued, but still considered legal tender — $500, $1,000, and $10,000 bills. There is even a $100,000 bill, but it was only used for official transactions between reserve banks. The $100,000 man? Woodrow Wilson. The bills didn’t generate much use, and — much like with the $100 bill — officials were concerned they would spur illegal activity. They were last issued in 1969. ~ Fortune.com

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