High Denomination Dollar Notes

topic on 1 show · 1 statements across 1 episodes

the a16z Podcast

1 statements about High Denomination Dollar Notes, every show

a16z 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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