![[Review] The Curse of Cash (Kenneth S. Rogoff) Summarized.](https://episodes.castos.com/660078c6833215-59505987/images/2577020/c1a-085k3-3439xzrzsw11-kiomvu.jpg)
Show Notes
The Curse of Cash (Kenneth S. Rogoff)
- Amazon USA Store: https://www.amazon.com/dp/0691178364?tag=9natree-20
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- Read more: https://english.9natree.com/read/0691178364/
#largedenominationbills #taxevasion #zerolowerbound #negativeinterestrates #digitalcurrencyregulation #TheCurseofCash
The Curse of Cash is a nonfiction economics book by Kenneth S. Rogoff that examines the role of physical currency in modern economies, with special attention to large-denomination bills such as the U.S. 100 dollar note. Rogoff argues that cash is not just a neutral medium of exchange: it also facilitates tax evasion, corruption, organized crime, drug trafficking, and other hidden transactions that operate outside formal oversight. At the same time, he contends that the existence of paper money limits the ability of central banks to use deeply negative interest rates in severe downturns, because people can shift into cash instead of holding deposits. The book therefore combines public finance, monetary theory, and policy design. Rather than simply criticizing currency, Rogoff asks how societies could gradually reduce dependence on paper money while protecting privacy, financial access, and stability. The result is a policy-oriented argument about the future of cash, digital payments, and central banking.
- Amazon USA Store: https://www.amazon.com/dp/0691178364?tag=9natree-20
- Amazon Worldwide Store: https://global.buys.trade/The-Curse-of-Cash-Kenneth-S-Rogoff.html
- Apple Books: https://books.apple.com/us/audiobook/the-curse-of-cash/id1648527573?itsct=books_box_link&itscg=30200&ls=1&at=1001l3bAw&ct=9natree
- eBay: https://www.ebay.com/sch/i.html?_nkw=The+Curse+of+Cash+Kenneth+S+Rogoff+&mkcid=1&mkrid=711-53200-19255-0&siteid=0&campid=5339060787&customid=9natree&toolid=10001&mkevt=1
- Read more: https://english.9natree.com/read/0691178364/
#largedenominationbills #taxevasion #zerolowerbound #negativeinterestrates #digitalcurrencyregulation #TheCurseofCash
The Curse of Cash is a nonfiction economics book by Kenneth S. Rogoff that examines the role of physical currency in modern economies, with special attention to large-denomination bills such as the U.S. 100 dollar note. Rogoff argues that cash is not just a neutral medium of exchange: it also facilitates tax evasion, corruption, organized crime, drug trafficking, and other hidden transactions that operate outside formal oversight. At the same time, he contends that the existence of paper money limits the ability of central banks to use deeply negative interest rates in severe downturns, because people can shift into cash instead of holding deposits. The book therefore combines public finance, monetary theory, and policy design. Rather than simply criticizing currency, Rogoff asks how societies could gradually reduce dependence on paper money while protecting privacy, financial access, and stability. The result is a policy-oriented argument about the future of cash, digital payments, and central banking.
