Sentences with phrase «hoard smaller bills»

Bankers and operators of automated teller machines say the sudden shortage of cash in some Indian states is mainly the result of the central bank printing fewer 2,000 rupee notes over the past few months in favour of harder - to - hoard smaller bills.

Not exact matches

Then they would hope they can restore velocity to the money which is why Larry Summers said to get rid of the $ 100 bill because it's much harder to hoard currencies with smaller denominations because if you're hiding them under your mattress, it doesn't take that much money to give you sleepless nights.