Cashless societies
Cashless societies.
How do they work? What is the role of a central bank in a cashless society? What is the role of the banking system? How would monetary policy change? Are there any countries close to being cashless? Does going cashless affect everyone equally (financial exclusion)? Are cashless systems stable? Do they impact individuals’ spending? Do they make an economy more vulnerable? Mobile paying systems. Digital currency systems.
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