Want Daily SOF News Articles and Job Listings Delivered to Your Inbox?
Cash, long a refuge in uncertain times, now under suspicion | AP News

Cash, long a refuge in uncertain times, now under suspicion | AP News

People used to hoard cash in times of uncertainty due to distrust of the banks and online security. Now however, cash is often tossed aside and the vast majority of the time we use electronic means for transactions. As the coronavirus pandemic has led to businesses and customers not wanting to touch something and then have it exchange hands, cash is being used less and less. Some countries such as Sweden and Norway have almost completely done away with cash to the extent where someone paying with a larger amount is considered suspicious. However, eradicating cash entirely is something that is nearly impossible for most of the world,.

Source: https://apnews.com/81f11055d39cefc7e9483c77e682bdbc

%d bloggers like this: