For many years now, there have been numerous efforts to ensure that using cash is no longer an option. Keeping that in mind, one has to wonder why Americans are hoarding cash as of late. Ongoing financial concerns regarding COVID-19 have forced the hands of central bankers. US Citizens are […]
Tag: Cash
All Hong Kong Adults Will Receive a Free Cash Handout From the Government
Unusual developments in the finance industry are nothing new. In Hong Kong, the concept of “helicopter money” is seemingly getting out of hand. A new decree will see all adults in Hong Kong receive a HK$10,000 cash handout. Helicopter Money in Hong Kong This will be provided to all permanent […]
Americans Continue to Favor the $100 Bill as a Store of Value
For numerous years now, governments around the world have tried to reduce or eliminate the use of cash. Most of those efforts have been in vain, as consumers enjoy the feeling of having their own money at their disposal. Even in the United States, cash remains quite popular. Particularly the […]