Cash and Crises

What does an A.I. chatbot have to say (in essay and poem form) about the relevance of cash in contemporary societies?

In Turkey, payments-sector stakeholders have sought to restore the provision of cash and banking services after devastating earthquakes.

Elsewhere on the Web provides weekly updates and links to articles related to cash, money, and payments curated on the web.

A botched redesign of banknotes has caused a cash crunch in Nigeria. The country’s digital payments infrastructure has been unable to meet the public’s demand for cash.

The Covid-19 pandemic caused disruptions in coin circulation in the United States. The U.S. Mint has increased its production since then, but the coinage denomination might need to change.

A comprehensive review of economic research on cash usage and consumer holdings concludes cash is alive and well.

In Argentina, inflation has exceeded 30% every year since 2018. Cash in the hands of the public has increased rapidly since late 2019.

Cash helps civilians and refugees best during the Russian invasion of Ukraine.

In this ninth episode, James Shepherd-Barron sits down with Richard Wall, former Head of Currency at the Bank of Canada and chair of the International Association of Currency Affairs (IACA), to discuss who owns cash and what it would mean for society were it to be removed.

Crises such as the Covid-19 pandemic and the Russian invasion of Ukraine demonstrate the importance of a resilient cash cycle. Several countries are taking measures to further secure the supply of cash in times of crisis.

Elsewhere on the Web provides weekly updates and links to articles related to cash, money and payments curated on the web.

Digital payments dominate retail transactions in Sweden, but cash usage has not declined to irrelevance.