A headline from Yahoo Finance article reads, Notes From the WEF: Cash Is Dead, Long Live Digital Cash. Consensus is building on one issue at the World Economic Forum in Switzerland: Cash is dead. “Physical money is out,” said B.S. Kohli, an economic advisor to the head of the Indian state of Punjab. Mothanna Gharaibeh, […]
Tag Archives: Cash
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Since long world government institutions like the IMF (International Monetary Fund) and the central bankers are pushing for an idea of a cashless economy (Agarwal et al., 2015). Harvard university Keynesian school economist like Kenneth Rogoff wrote a book on the subject The Curse of Cash! India’s popular prime minister Narendra Modi went as far […]