“I tell my children that a man like Bill Gates has a personal fortune of $100 billion. They can't even comprehend that. Then I explain that he has more money than some countries.” MenChildrenCountryBillsFortuneBillionsMy ChildrenGatesMore Money Author:Kenneth Rogoff
“I think that a lot of the money - these big bills - is used to facilitate tax evasion and crime.” ThinkingBigsUsedCrimeTaxesBillsFacilitateEvasionTax Evasion Author:Kenneth Rogoff
“We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types.” ThinkingUseUsedTypeMountainTaxesHundredAccountsBillsDollarsNotesEverydayCriminalsCashEveryday LifeEuroEvasionDollar BillsTax Evasion Author:Kenneth Rogoff
“Cash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills.” MovingEasyBillsCash Author:Kenneth Rogoff