Why We Can’t Call the U.S. Cashless

While an impending cashless society is creating problems for Sweden’s bank robbers, in the U.S. cash is still a popular form of payment.

How Cash Affects What We Buy

Because we tend to value our cash purchases more than what we buy with plastic and direct deposit, the trend to online shopping will affect brand loyalty.

Zimbabwe’s Monetary Whiplash

After solving hyperinflation with a multi-currency solution, Zimbabwe no longer needs a $1 trillion bill but they do need to eliminate deflation.

Random Currency Notes

Retaining Hamilton on the $10 and replacing Jackson with Harriet Tubman on the $20 are currency redesign decisions that change and continue the past.

Keeping Hamilton on the New 10 Dollar Bill

If Alexander Hamilton’s image remains on a new 10 dollar bill, then a woman’s image could replace Andrew Jackson on the $20 bill.

A Too Big to Fail Tale

Overseeing big banks, regulators are faced with a too big to fail tradeoff that began with Glass Steagall and continues today with Dodd Frank.

Where to Spend 100 Trillion (Zimbabwe) Dollars

Coping with hyperinflation, Zimbabwe finally had to replace their currency with the US. dollar. A low inflation rate should be their monetary policy goal.

The Reversed Role of Chinese Deposit Insurance

While many nations have deposit Insurance and China will have theirs very soon, the quality and the confidence in different deposit insurance schemes vary.

Who, How and When We Use Cash

Although coin and currency are costly to transport and secure, still, cash is a key component of the money supply that people use for low value payments.

The Nudge Toward a Goldilocks Savings Rate

We need to raise the low U.S. savings rate with new incentives like a lottery on savings deposits because households and business investment need savings.