Currency: time for change?

Paul Bauer ()

Economic Commentary, 1998, issue Oct

Abstract: Despite the increasing use of credit and debit cards and the emergence of various electronic payment instruments, currency remains king-at least for small-dollar-value transactions. The author examines the Federal Reserve's present role in providing currency and explores the challenges and opportunities in developing forward-looking currency policies.

Keywords: Payment systems; Money (search for similar items in EconPapers)
Date: 1998
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