Daily archives: 29. June 2021

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Surge in cash demand

Jonathan Ashworth, Charles Goodhart: Coronavirus panic fuels a surge in cash demand, in: VOX, CEPR Policy Portal, online in:https://voxeu.org/article/coronavirus-panic-fuels-surge-cash-demand, July 17, 2020. Despite regular reports in the media over the past decade on the imminent death of cash amid rapid innovation in payment technologies, cash in circulation has actually been growing strongly in many countries. Perhaps unsurprisingly given coronavirus-related health concerns, there have recently been renewed calls to abandon cash and some observers have argued the virus will accelerate its demise.