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Sunday, 26 January 2014

Cash

Andrew Carnegie, one of the richest Americans ever, never carried any cash. He was once put off a London train because he did not have the fare.


President Kennedy never carried cash, borrowing from friends and often failing to pay them back.

According to Gaming Law, casinos have to stock enough cash to cover all the chips on the 'floor'.

About 10% of U.S. households pay their bills in cash.

The Federal Reserve printed up an extra $50 billion in small bills just in case people started hoarding money prior to the year 2000. Since nowhere near that much cash was needed, and there was a long-term storage problem, most of that money was recycled.

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