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Economy

Why $100 bills outlive $1 bills

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The higher the value, the lazier the bill. A $1 note constantly changes hands, getting crumpled, folded, and stuffed into pockets, giving it an average lifespan of just under 7 years. Meanwhile, a $100 bill spends most of its life resting peacefully under a mattress or in a safe, allowing it to survive for an average of 23 years before needing replacement.

Why $100 bills outlive $1 bills
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