Of all the U.S. currency in the world, nearly 80 percent is in $100 bills. That’s about a trillion dollars.
Some people want to get rid of the bill altogether. Ken Rogoff, an economist at Harvard University, says the $100 bill helps criminals:
“Think about countries like Mexico, Colombia, where they’re really at war with the drug money, where the United States is not only buying the drugs but it’s providing this resource that very much helps the drug dealers.”
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
