Cash on Trial, mk II Economics, Technology and Institutions
Katrin Assenmacher (),
Carl-Christoph Hedrich and
No 2019/1 in SUERF Studies from SUERF - The European Money and Finance Forum, currently edited by Natacha Valla
The conference will be staged as a court trial in which cash will be accused with three charges: First, cash is an essential part of many kinds of criminal activities; second, it is an inefficient and outdated means of payment; and third, it prevents central banks from implementing optimal monetary policy in times when price stability would require negative interest rates. To spur a lively discussion we intend to develop the conference in a defense and prosecution part, where witness’ are called to elaborate on the charges. Additional presentations will provide a neutral overview of the current situation of the use of cash in the Eurosystem and of ideas to develop a digital cash by central banks.
JEL-codes: C80 C82 E02 E42 E50 H56 K42 O17 Y1 (search for similar items in EconPapers)
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