Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/234531
Editors: 
Birchler, Urs W.
Gnan, Ernest
Hedrich, Carl-Christoph
Ulbrich, Jens
Year of Publication: 
2019
Series/Report no.: 
SUERF Conference Proceedings No. 2019/1
Abstract: 
The conference will be staged as a court trial in which cash will be accused with three charges: First, cash is an essential part of many kinds of criminal activities; second, it is an inefficient and outdated means of payment; and third, it prevents central banks from implementing optimal monetary policy in times when price stability would require negative interest rates. To spur a lively discussion we intend to develop the conference in a defense and prosecution part, where witness’ are called to elaborate on the charges. Additional presentations will provide a neutral overview of the current situation of the use of cash in the Eurosystem and of ideas to develop a digital cash by central banks.
Subjects: 
cash
central bank digital currencies
cash limit
crime
corruption
financial proceeds
money laundering
money
monetary theory
zero lower bound
JEL: 
C80
C82
E02
E42
E50
H56
K42
O17
Y1
ISBN: 
978-3-902109-88-0
Document Type: 
Proceedings

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