Aggressive demonetizations

Prime Minister Narendra Modi surprised Indians today by announcing that India's highest denomination notes, the 500 and 1000 rupee, wil...

Read More

Thoughts on Rogoff's 'Curse of Cash'

The US$5000 banknote, destroyed in 1969 along with the $10,000, $1000, and $500 notes With the publication of his new book The Curse of Cash...

Read More

Those new Japanese safety deposit boxes must all be empty

Remember all the hoopla about Japanese buying safety deposit boxes to hold cash in response to the Bank of Japan's decision to set negat...

Read More

Sweden and peak cash

The Swedes really don't like cash. First, consider that Sweden is the only country in the world that I'm aware of where reliance on ...

Read More