Abroad Quote by Michael Hudson
“The vast majority of $100 bills are abroad, not in the United States. So yes, of course there's a use here but nowhere near as much as there's a use for $100 bills abroad.”
About This Quote
Most $100 bills circulate outside the US, limiting domestic availability for everyday use.
In simple terms: Few $100 bills are used in the US.
Key Takeaway
Consider foreign demand when assessing cash flow.
Themes
economics
currency
global trade
Mood
analytical
informative
Type
fact
economic
When to use this quote
- banking
- travel
- import‑export
- investment
- tourism
Key Concepts
circulation
liquidity
foreign exchange
Questions to Reflect On
- How does foreign holding of currency impact US monetary policy?
- What are the implications for travelers?
A Different Perspective
Domestic scarcity may affect cash‑based transactions.
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