How Cash Keeps Poor People Poor, Digital Money Is Future | Business | TIME.com

tens of millions of people in the U.S. and billions of people worldwide — often have no option but cash, and pay dearly because of it. In a recent piece for Foreign Policy, Vishnu Sridharan of the New America Foundation writes that cash-based economies “harm the poor by heightening the risks they face when carrying money and fueling government corruption and inefficiency.” Full Story »

Posted by Sirajul Islam
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Topics: Government
Member Tags: Economy & Policy, Cashless Economy, emerging markets
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Posted by: Posted by Sirajul Islam - May 29, 2012 - 8:43 AM PDT
Content Type: Article
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Edited by: Sirajul Islam - May 29, 2012 - 8:49 AM PDT

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Sirajul Islam
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by Sirajul Islam - May. 29, 2012

The story is insightful, shows context, and begets debate.

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