The US Federal Reserve just announced that its redesigned $100 bills will go into circulation on October 8. The rollout, originally planned for 2010, was delayed by production issues with the blue ribbon that’s threaded through the note.
As Matt Phillips has explained at length before, nearly 80% of all US currency is denominated in $100 bills. There were more than 8.2 billion Ben Franklins out in the world at the end of last year, making it the most popular bank note, by value, among the world’s major currencies. (Here are the circulation figures for the euro; the €50 note is the currency’s most popular by quantity and value.)
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