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Story perspectives

High-Denomination Notes Fuel Crime Amid Cash Decline

1/25/2026

30 5 Full Breakdown

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Story summary
  • Oliver Bullough, author of "Everybody Loves Our Dollars," argues that high-denomination notes persist despite declining cash use.
  • The book identifies Bicester Village as a money-laundering hub for wealthy international buyers.
  • It notes that drug dealers fund operations with cash while law-abiding citizens face cash-transaction restrictions.
  • In Mexico, the book reports about 150 daily drug-violence deaths, illustrating its themes of economic darkness.