Cash

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Concept.png Cash 
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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

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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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