Moving to a Cashless Society
Sometime in the near future, physical money will go the way of the cassette tape, or transistor radio or typewriter–relics of the past. Let’s face it, money is cumbersome for consumers and banks, and many countries already are moving to a cashless society. Take Sweden, where the number of personal cash transactions has fallen by an astounding 80 percent in the last 10 years! So what’s the rush to get rid of cash and what is the cost? Learn more in this episode of The Economist.
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