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POST There's a lot of it about

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That means that if the US is as law-abiding as, say, Norway, then there’s about $200 billion of cash in the US that is only used for tax evasion, crime, money laundering and so on.

From Cash means a lot of baggage | Consult Hyperion.

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"Generally, economists believe the surge is related to people around the world wanting to hoard cash, a similar force that’s driven the interest in cryptocurrencies. High denomination, high value currency notes have historically been a preferred form of payment for criminals, given the anonymity, lack of transaction record and relative ease with which they can be brought across borders."

From "Surge in $100 bills in circulation may be linked to global corruption".

 

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