Cash is falling out of fashion
The Matt Townsend Show - Season 6, Episode 215 , Segment 2
Episode: Digital Textbooks, Future of Cash, Paying Attention
- Sep 9, 2017 4:00 pm
- 48:28 mins
Bhaskar Chakravorti is the Senior Associate Dean of International Business & Finance at The Fletcher School at Tufts University and Executive Director of Fletcher’s Institute for Business in the Global Context (IBGC). Virtual money, credit cards, and debit cards have made cash almost useless. Once you could use cash to get almost anything you wanted. Apps like Venmo and Paypal makes it so that you can send friends money at the press of a button. Some airlines will not accept cash to buy things on planes. So here is the question: Is cash still king? Bhaskar Chakravorti explains how cash is falling out of favor across the globe and shares with us his ideas on what the future of cash may be.