Last year, the government printed the highest total of the 50 bill denomination in one year--in more than 40 years. A record number of $50 bills were printed, reaching 756,096,000. The increase in $50 bills is not due to inflation.
Last year, the government printed the highest total of the 50 bill denomination in one year--in more than 40 years. Unless you're an avid currency collector, an employee of the Bureau of Engraving and Printing, or work at the Federal Reserve, you likely didn't know that last year a record number of $50 bills were printed. Last year, the government printed 756,096,000 of those bills - the highest total of the denomination printed in one year in more than 40 years.
If you put all those $50s together, you'd have about $37.8 billion. That's enough to afford Taco Bell's parent Yum Brands, Inc. $35.3 billion market cap. Usually, the $50 bill is an uncommon, somewhat unpopular, denomination. There are even multiple superstitions that it is unlucky. (More on that later.) In 2019, only 3.5% of all US bills printed were $50s. In 2022, that zoomed to 8.5%, according to the BEP. So why are you seeing more $50s? Surprisingly, it has nothing to do with inflation - even if it may sometimes feel these days like an item that used to cost $20 now costs $5
Government Printed $50 Bills Record Denomination Inflation
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Record Number of $50 Bills Printed in 2022Last year, the government printed the highest total of the 50 bill denomination in one year--in more than 40 years. A record number of $50 bills were printed, reaching 756,096,000. The increase in $50 bills is not due to inflation.
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