“We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types.” ThinkingUseUsedTypeMountainTaxesHundredAccountsBillsDollarsNotesEverydayCriminalsCashEveryday LifeEuroEvasionDollar BillsTax Evasion Author:Kenneth Rogoff
“If you didn't have employers able to pay off the books and off the record safely in cash, you wouldn't have illegal immigration on nearly the scale that we do.” IfsBookAblePayRecordsScalesImmigrationIllegalCashEmployersAnd OffIllegal Immigration Author:Kenneth Rogoff
“Cash is very easy to hide. It's easy to hoard. It's easy to move, especially these large bills.” MovingEasyBillsCash Author:Kenneth Rogoff
“I don't think it's time yet to eliminate cash, but I propose having a less-cash society, not a cashless one.” ThinkingCashPropose Author:Kenneth Rogoff