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An Inevitable Transition: The Future of Cash and Its Effect on Monetary Policy

Updated: Sep 14, 2024

Paying by cash, cheque, or card? How about no cash, no cheque, just card? Money, historically known as merely a tangible entity, has radically evolved over the centuries. Coins and sterling, once the conventional methods of payment have evolved to taps, swipes, and keystrokes. The emergence and integration of computer technology has achieved what was once a futuristic vision: a cashless society.

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