“Why the world is awash with $100 bills”
Ich habe häufig diskutiert, wie man sein Geld vor Negativzinsen und Enteignung durch den Staat sichern kann. Unvergessen ist der Beitrag vom Februar 2016:
Dieser enthielt auch diese Abbildung:
Quelle: NZZ
Wir wissen ja mittlerweile, dass unsere Freunde bei der EZB darauf reagiert und den 500-Euroschein abgeschafft haben. Die Schweizer halten ihr Fluchttor offen, erneuern den 1000-Frankenschein, schaffen ihn aber nicht ab.
Auch in den USA bleibt Bargeld wichtig. Vermeldet doch die FINANCIAL TIMES (FT), dass die 100-Dollar-Note sich großer Beliebtheit erfreut:
- “(…) the volume of hundred-dollar bills in circulation had, according to data compiled by the US Federal Reserve, doubled since 2008, leaving around 12.5 billion of these bills stuffed into wallets, safes and suitcases globally. That’s $1.25tn.” – bto: 1,25 Billionen US-Dollar, nicht schlecht.
- “Given that we are supposed to be living in a digital era, with credit cards, bitcoin and so on, this strikes me as odd; doubly so, perhaps, since some, such as Tesla chief Elon Musk, predict that cash will soon disappear. Stranger still, the rise means that, for the first time in history, the volume of $100 bills has eclipsed that of single-dollar notes, making the former the most widely used note.” – bto: Scheinbar gibt es einen Bedarf, außerhalb des Systems eine direkte Forderung gegen die Notenbank zu haben.
- “American consumers are not using all these bills for everyday life. Research from the Boston Fed in 2012 suggested that while ‘cash is still the most common method of payment for consumers (40.3 per cent of the number of payments per month) (…) on a typical day in the US, 5.2 per cent of consumers have a $100 bill in their pocket, purse or wallet’.” – bto: natürlich nicht, steht doch die Wertaufbewahrung im Vordergrund.
- “This leaves us looking for other reasons why consumers might want these bills. One could be crime. ‘There is a significant body of evidence that a large percentage of currency in most countries, generally well over 50 per cent, is used precisely to hide transactions,’ says Kenneth Rogoff, a Harvard economics professor.” – bto: Er begründet damit ein Bargeldverbot, was die Frage aufwirft, seit wann sich Volkswirte um Kriminalitätsbekämpfung kümmern.
- “Since the European authorities announced the abolition of €500 notes in 2016 to combat money laundering, this may have pushed more illegal activity into $100 bills. To make the current pattern doubly suspicious, researchers at the Chicago Fed estimate that about four-fifths of large-denomination bills are now sitting outside the US, up from a third in 1980.” – bto: Auch das ist ein Zeichen dafür, dass man in einigen Regionen der eigenen Regierung nicht traut.
- “(…) however, there is no evidence that the use of $100 bills rose after the abolition of the €500 note (the €200 note is still in circulation). Nor is there compelling evidence that criminal activity has doubled since 2008.” – bto: Sehe ich auch so.
- “Western consumers may be hoarding cash because they are fearful about the future of the financial system and relaxed about inflation risks.” – bto: So ist es! Und vor Inflation schützt das Bankkonto auch nicht.
→ ft.com (Anmeldung erforderlich): “Why the world is awash with $100 bills”, 6. März 2019
