How much money does the Federal Reserve shred?
How much money does the Federal Reserve shred? Every day the Chicago Fed and the Detroit Branch shred about $26 million in worn out currency, for a total of nearly $6.5 billion in 2017. The Chicago Fed counted about $43.4 billion in currency in 2017. Federal Reserve Banks count about 100,000 notes per hour in … Continue reading How much money does the Federal Reserve shred?
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