kaal:claim:3406323-016

Transacting in cash costs United States consumers roughly 200 billion dollars annually, about 637 dollars per person, driven by counting, managing, storing, transporting, guarding, and accounting for bank notes.

Source quote, verbatim
In the United States, transacting in cash costs the consumer around 200 billion dollars annually - about $637 per person.
From

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019), IV. Opportunities, p. 10
https://ssrn.com/abstract=3406323 · source PDF

Cite as

Wulf A. Kaal, Decentralization - A Primer on the New Economy (2019). SSRN: https://ssrn.com/abstract=3406323

Holds when
Classification

empiricalsupport: evidencedinstitutional-design

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