Americans Continue to Favor the $100 Bill as a Store of Value

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For numerous years now, governments around the world have tried to reduce or eliminate the use of cash. Most of those efforts have been in vain, as consumers enjoy the feeling of having their own money at their disposal. Even in the United States, cash remains quite popular. Particularly the $100 bill is of great value to the average American on the street. Not Accepting Cash is a Mistake Over the past few years, numerous companies – primarily restaurants, bars, and grocery stores – have tried to get consumers to pay with cards or mobile applications. Using cash is, as a business owner, both cumbersome and risky. Criminals will target locations still handling large amounts of cash. Even if they don’t, the store owner needs to store the funds safely and arrange transportation to and from the bank on a regular schedule. To counter those problems, the United States has…

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