Diary (May 17, 2022): Difference between revisions

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==== Lost in Iraq ====
==== Lost in Iraq ====


How the US sent $12bn in cash to Iraq. And watched it vanish
2007: How the US sent $12bn in cash to Iraq. And watched it vanish


Special flights brought in tonnes of banknotes which disappeared into the war zone
Special flights brought in tonnes of banknotes which disappeared into the war zone
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==== Surge ====
==== Surge ====


There’s been a mysterious surge in $100 bills in circulation, possibly linked to global corruption
2019: There’s been a mysterious surge in $100 bills in circulation, possibly linked to global corruption


WED, FEB 27 20199:22 AM  
WED, FEB 27 20199:22 AM  

Revision as of 13:14, 17 May 2022

Online diary of Karl Jones for Tuesday May 17, 2022.

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Diary

Hundred dollar bills

Lost in Iraq

2007: How the US sent $12bn in cash to Iraq. And watched it vanish

Special flights brought in tonnes of banknotes which disappeared into the war zone

Surge

2019: There’s been a mysterious surge in $100 bills in circulation, possibly linked to global corruption

WED, FEB 27 20199:22 AM

The number of hundred-dollar bills in circulation has skyrocketed in the past decade. It could be a troubling indicator for global corruption as high-denomination bills remain a go-to for criminals, given the anonymity and lack of transaction record. “There’s certainly enough evidence to say it is an enabler of corruption, but it is also a way for people to keep assets outside of the financial system,” says Nicholas Colas, co-founder of DataTrek research.

In the News

Fiction cross-reference

Nonfiction cross-reference

External links