The Power of Cash

Why Using Paper Money is Good for You and Society

Omschrijving

Over the last three decades, we've collectively watched as credit cards, debit cards, electronic services, and even cryptocurrency, have replaced paper money as the preferred method of paying for everything from sliced bread to the music we listen to. And that's not necessarily a good thing. In The Power of Cash: Why Using Paper Money is Good for You and Society, Boston University professor and former advisor to the Boston Federal Reserve, Jay L. Zagorsky, delivers an eye-opening examination of the harmful and unintended consequences of the demise of paper money. He convincingly argues that cash is a necessary and helpful part of the U.S. economy and is worth preserving for the long term. The book explains why it's easier for you to control and manage your spending when you use cash. It also demonstrates other beneficial characteristics of paper money, including its abilities to preserve your privacy and anonymity against bad actors seeking to steal your data and mitigate the risk of being unable to pay due to war or a natural disaster. You'll also explore how cash helps the poor, the unbanked, and the disenfranchised navigate society. The Power of Cash walks you through foundational and fascinating issues affecting paper money, including whether businesses and governments can refuse to take your U.S. currency, how cash helps keep you safe from tech companies, hackers, banks, and other organizations, and how its use limits the additional fees and costs associated with electronic purchases. Perfect for everyone interested in the way we pay for everything from groceries to private jets, The Power of Cash is also an essential read for anyone who wants to explore the financial, technological, political, and social justice implications of a truly cashless society.
€ 33,50
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€ 19,95 binnen Nederland
Schrijver
Zagorsky, Jay L. (Boston University)
Titel
The Power of Cash
Uitgever
John Wiley & Sons Inc
Jaar
2025
Taal
Engels
Pagina's
384
Gewicht
690 gr
EAN
9781394299911
Afmetingen
235 x 161 x 30 mm
Bindwijze
Gebonden

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