Submitted by Taps Coogan on the 7th of November 2019 to The Sounding Line.
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The following chart, from Statista.com, shows how often cash is used for payments in a selection of developed market economies.
With central banks and regulators around the world constantly pushing for the curtailment of cash transactions and banking privacy, it is interesting to see that cash usage is the highest in the countries with the most repressive negative interest rates (the Eurozone and Japan), the highest sales taxes (the Eurozone and Japan), and the most restrictions on cash (the Eurozone).
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