Difference between revisions of "Cash"

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'''Cash''' is [[money]] in the form of banknotes and coins. It accounts for an ever decreasing proportion of the money supply, in the 21st century, it is typically only a few percent at most.
 
==Banning cash==
 
==Banning cash==
Various [[nation state]]s have been restricting high denomination banknotes, citing a desire to rstrict [[money laundering]] of "[[terrorism]]". For example, [[India]] and [[Venezuela]].  
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[[Cashless_ddees.jpg|left|340px]]
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Various [[nation state]]s have been restricting high denomination banknotes, citing a desire to restrict [[money laundering]] of "[[terrorism]]". For example, [[India]] and [[Venezuela]].  
 
In December 2016, the ''[[New Zealand Herald]]'' reported that "Australia could scrap the $100 note".<ref>http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11766817</ref>
 
In December 2016, the ''[[New Zealand Herald]]'' reported that "Australia could scrap the $100 note".<ref>http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11766817</ref>
 
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==References==
 
==References==
 
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Revision as of 12:46, 19 January 2018

Concept.png Cash 
(money)Rdf-entity.pngRdf-icon.png
Interest ofKenneth Rogoff

Cash is money in the form of banknotes and coins. It accounts for an ever decreasing proportion of the money supply, in the 21st century, it is typically only a few percent at most.

Banning cash

left|340px Various nation states have been restricting high denomination banknotes, citing a desire to restrict money laundering of "terrorism". For example, India and Venezuela. In December 2016, the New Zealand Herald reported that "Australia could scrap the $100 note".[1]

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References