Tagged: money

The US is losing money on each penny produced

Governments have long waged a war on cash in an attempt to curb terrorism and tax evasion. Their focus has typically been on eliminating large denominations, like Europe’s €500 bill or India’s 1,000 rupee note. Two US lawmakers have a much...

The death of cash

Imagine walking into a store, grabbing your favorite pound of coffee beans from the shelf, tapping through your payment on your mobile device, and strolling right out. No checkout. No lines. No waiting. Now...