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

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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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