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Why exactly does the U.S. ship so many $100 Bills overseas?
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<p>[QUOTE="Drago the Wolf, post: 1288367, member: 22476"]Okay, I asked this in another thread, but I figured the issue might get more attention here.</p><p><br /></p><p>Why exactly, does the U.S. ship so many $100 bills overseas? And do they do the same with most of our $50 bills? And what about lower denominations? </p><p><br /></p><p>BUT, my MAIN concern is, WHY ship U.S. $100 Federal Reserve notes mostly overseas, when they have high denomination Euro notes over there? If they prefer lower denomination U.S. currency over higher denomination European currency, then, why aren't we printing at least $200 and $500 Federal Reserve notes and even possibly $1,000 FRNs to rival the Euro?</p><p><br /></p><p>Doesn't the U.S. gain money by foreign countries hoarding U.S. dollars as a store of wealth?</p><p><br /></p><p>And lastly, WHAT is the purpose of shipping so many of our $100 FRNs overseas? Who wants them the most over there?[/QUOTE]</p><p><br /></p>
[QUOTE="Drago the Wolf, post: 1288367, member: 22476"]Okay, I asked this in another thread, but I figured the issue might get more attention here. Why exactly, does the U.S. ship so many $100 bills overseas? And do they do the same with most of our $50 bills? And what about lower denominations? BUT, my MAIN concern is, WHY ship U.S. $100 Federal Reserve notes mostly overseas, when they have high denomination Euro notes over there? If they prefer lower denomination U.S. currency over higher denomination European currency, then, why aren't we printing at least $200 and $500 Federal Reserve notes and even possibly $1,000 FRNs to rival the Euro? Doesn't the U.S. gain money by foreign countries hoarding U.S. dollars as a store of wealth? And lastly, WHAT is the purpose of shipping so many of our $100 FRNs overseas? Who wants them the most over there?[/QUOTE]
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Why exactly does the U.S. ship so many $100 Bills overseas?
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