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Wednesday, February 14, 2018

Most of the money spent in Germany is no longer in cash

Germans are finally spending more money on cards and internet transfers than cash. ... The final slice of transactions came from internet payments. However, these only ... “(Getting rid of cash) would be the wrong, completely disproportionate response to the policy challenges of the zero lower bound.
From http://ift.tt/2EZkaEl

Germans are finally spending more money on cards and internet transfers than cash. ... The final slice of transactions came from internet payments. However, these only ... “(Getting rid of cash) would be the wrong, completely disproportionate response to the policy challenges of the zero lower bound.

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