DayFebruary 18, 2016

The Governments War on Using Cash for Transactions – Is it Real?

the amateur economist

Money, both in paper and coin form, has been used for thousands of years. But since the invention of credit and debit cards, online banking and electronic monetary transfers, are governments around the world trying to end the use of paper and coin currency by its citizens? Is there truly a war brewing for cash transactions vs. electronic? The short answer is yes! However, a brief step back in time is in order first. Ever wonder why there are not larger […]

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