high denomination dollar notes

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 2, 2018 by Paul Krugman · across every show →

Everything said about high denomination dollar notes, oldest first

Nov 2, 2018
Assertion Supported
Krugman: Two-thirds of high-denomination US dollars are held abroad
“Indirect estimates suggest that something like two thirds of those high denomination dollar notes are held outside the United States. They're being held as hoards of value, and they're being held as hoards of value even though you can't actually do business wi…”
Paul Krugman Nov 2, 2018 ▶ 20:25 A Skeptic's View of Crypto (from the Point of View of Monetary Economics)
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