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Lädt ... The Curse of Cashvon Kenneth S. Rogoff
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Melde dich bei LibraryThing an um herauszufinden, ob du dieses Buch mögen würdest. Keine aktuelle Diskussion zu diesem Buch. Rogoff argues that, without cash, we’d have a lot less crime, including tax evasion, because the relative cost of avoiding detection would go up. That sounds really interesting, but Rogoff is actually much more interested in the prospect of negative interest rates, which don’t work really well unless it’s difficult for citizens to pile up cash outside of banks. Negative interest rates can be used by central banks to spur growth and, he argues, give them more flexibility than quantitative easing or fiscal policy. (If you read this book without an already extant grasp of the basics of monetary v. fiscal policy, you will be confused.) In order to protect the poor, he argues for a long transition period for smaller bills as well as free checking accounts set up by the government. I had no idea how much money, especially American money, was pretty clearly being used outside the US, especially the hundreds—probably not for good. The same also appears true of the Euro, but Rogoff argues that even countries whose currencies aren’t globalized could benefit in decreasing tax evasion by eliminating cash, or at least large denomination cash. Intriguing, at the least. ( ) keine Rezensionen | Rezension hinzufügen
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The world is drowning in cash--and it's making us poorer and less safe. In The Curse of Cash, Kenneth Rogoff, one of the world's leading economists, makes a persuasive and fascinating case for an idea that until recently would have seemed outlandish: getting rid of most paper money.--Amazon.com Keine Bibliotheksbeschreibungen gefunden. |
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Google Books — Lädt ... GenresMelvil Decimal System (DDC)332.4Social sciences Economics Finance MoneyKlassifikation der Library of Congress [LCC] (USA)BewertungDurchschnitt:
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