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John Burns
Posted 2/19/2016 16:24 (#5122978 - in reply to #5122708)
Subject: RE: Ultra low interest rates - the results



Pittsburg, Kansas
I wonder how much:

1. Gets issued in the USA
2. Gets retired (worn out) in the USA
3. How much gets issued in foreign countries

I've heard a significant portion of US dollars are residing outside the US. One estimate is 200 billion (total cash, not just 100's)

http://www.federalreserve.gov/pubs/bulletin/1996/1096lead.pdf (pdf download)

John
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