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by Iterated
4804 days ago
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Banks take their cash and bring it to their regional Federal Reserve Bank for counting/cleaning/repair/replacement/etc. So pretty much any time a bill lands in a bank it has a good chance of getting sent back to the Fed. Since most places you pay cash at take it straight to the bank ASAP for security reasons, most of your cash ends up at a bank. In fact, I'm having a hard time thinking of a business other than maybe a hotdog stand that doesn't take 100% of their cash revenues to the bank. |
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