January 8, 2017
Far beyond the change in our spending, a cash free economy would have an impact on our bacterial immunities and our neurology.
November 17, 2016
From the Wells Fargo scandal to the British National Health Service and Chilean bus drivers, sometimes incentives can have unintended consequences.
November 14, 2016
A surprise announcement on 11/8/16, demonetizing India's 500- and 1000-rupee notes meant most of the money in the country had to be swapped for new notes.
June 16, 2015
Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.
May 4, 2015
While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.
December 4, 2014
Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.
September 14, 2014
We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.