US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report

US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report

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The Federal Reserve Bank is printing a record number of $50 bills as Americans feel the urge to hold physical cash. The Bureau of Engraving and Printing, the agency in charge of money printing operations in the US, created 756.09 million new $50 bills in 2022, reports CNN. The pile of fresh cash…

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