“According to a report released recently by the Federal Reserve Bank of San Francisco, there is 42% more cash in circulation in the U.S. today than five years ago. What’s most striking is that much of the recent growth in cash is made up of $100 bills. Now when was the last time you paid your tab with Benjamins? Williams suggests it may reflect that people worried about the health of the banks following the financial crisis and socked away their money to protect themselves from a financial collapse. In the six months following the fall of investment bank Lehman Brothers in 2008, holdings of $100 bills soared by 10% to $58 billion.”
http://finance.fortune.cnn.com/2013/04/10/why-cash-may-never-die/
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