No, it is Federal Reserve Notes, specifically $100 bills. I am not taking about digits in a computer. I am talking about cold hard cash. There are currently $863,051,110,700 of $100 bills in circulation, as of 12/31/2012. This is up from about $820 billion only 6 months earlier. So the Treasury "sells" about $100 billion worth of $100 bills each year.
Why keep your money in the bank when it doesn't pay interest?
See also: More $100 bills in circulation than ever before
Why the share of $100 bills in circulation has been going up for over 40 years
The supply has been increasing about 8% a year recently.
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