Tuesday, March 22, 2022

It's highly unlikely that cash will survive much longer

In his latest book, The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance, Cornell University professor Eswar S. Prasad describes how digital currencies and other financial technologies are reshaping everything from consumer banking to monetary policy and international payments. In a conversation with the International Monetary Fund, Prasad lays out the advantages and perils of the new forms of money.
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