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Andrew Moran

Is Cash Still King? IMF Looks To De-Cash

Is Cash Still King? IMF Looks To De-Cash

A senior economist at the International Monetary Fund (IMF) has published a working paper entitled “The Macroeconomics of De-Cashing.” In his twenty-six-page paper, Alexei Kireyev outlines what governments need to do to establish a cashless society and why it helps states to adopt such a world. This is essentially the blueprint for the war on cash, a battle that has certainly escalated in the last two years.