Bhaskar Chakravorti Quoted in The Globe and Mail

The cost of cash isn’t stopping people from using it
by Guy Dixon

More than an inconvenience, the real pressures on physical money is the sheer cost of cash. “For a number of reasons, cash is a drag on the economy. It imposes costs on consumers. It imposes costs on businesses. And most significantly, it imposes costs on the Treasury,” argued Bhaskar Chakravorti, senior associate dean of international business and finance at the Fletcher School at Tufts University in Medford, Mass.

Read the full article on the cost of cash, with quotes from Dean Chakravorti, in The Globe and Mail

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