How a Fed Bank Distributes Its Billions of Dollars in Cash

Bullish:

• $CASH - Physical cash remains crucial in the economy, with its importance highlighted during emergencies and its circulation as a share of GDP at historically high levels.

  • “Cash is extremely important. So, you know, think about things like hurricanes or weather related events or power outages where electronic payments don't work.”

    Mike·10:06

  • “Currency in circulation as a share of GDP is over 10%, and that's among the highest percent on record or at least since the nineteen eighties that you could find on Fred. That's double what it was in 02/2008.”

    Austan·11:43