02 March 2017
The Curse of Cash
Kenneth S Rogoff
2016, Princeton University Press, 283 pages,
Reviewer: Ian Bright
The curse of cash is essentially two short, related pamphlets packaged as one book.
The first 100 pages make the case for abolishing most forms of paper currency in favour of more electronic, mobile and card payments. The second section argues central banks should be willing to – and indeed may need to – set interest rates far into negative territory to stimulate activity….
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