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Sweden's move towards a cashless economy has gone too far





"While using a credit card or a mobile payment isn’t too difficult for younger residents, there are people such as the elderly or in lower-incomes who aren’t as digitally savvy or connected. When businesses don’t take cash, that means that those residents are unable to shop, eat or bank there.
A broad review of the central bank legislation is now underway in Sweden to look at the situation. A report is expected from the group as soon as this summer."

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.

The cashless society from an ethical point of view









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