Is the world suffering a curse of cash?
Harvard economist Ken Rogoff has a new book out called The Curse of Cash. In his view, the world is awash with cash and it’s making us poorer and less safe. Would we be better off in a world largely free from paper money? Rogoff believes that society needs to find a sweet spot on cash, so there's enough for regular consumers, who can buy things, but not enough for criminals to exploit.
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