Reflections on a cashless economy

Authors

  • Carlos Collar Durán Licenciado en Ciencias Económicas y Empresariales por la Universidad Complutense de Madrid

DOI:

https://doi.org/10.32826/cude.v42i120.179

Keywords:

Physical money, Dematerialized currency, Informal Economy, Black Market, Cashless economy

Abstract

The technological advances, the development of the communications infrastructure and the increase of a wider financial culture is creating the possibility to use, little by little, electronic payment systems at the expense of physical money. In this article the author intends to analyze from a microeconomy and macroeconomy point of view the effects, impact, advantages and disadvantages of a cashless economy, where all the payments would be made and received by electronic or digital means.

Published

2019-02-12