Ending cash
Subtitle: the public benefits of federal electronic currency
By: David R. Warwick.
Publisher: Quorum Books
Published: 1998
Place of publication: Westport, Conn
Language: eng
Number of pages: 212
Subjects: Electronic funds transfers -- Government policy -- United States.; Monetary policy -- United States.
Description: Ending Cash argues that America's tangible cash should be transformed into a new federal electronic currency (FEDEC). Although Warwick admits that private bank card systems and/or the Internet may someday supplant cash, he explains why this will not happen soon, certainly not in our lifetime. Nevertheless, if America's tangible cash could be transformed into federal electronic currency (FEDEC), the social and economic benefits would be profound.

By eliminating cash the savings from crime reduction alone would amount to hundreds of billions of dollars yearly. But naturally there would be issues of special concern if a FEDEC system were to become a hot public debate. Privacy, security, practicality, convenience are just some of these. Warwick tackles them here and, as no other books attempts to do, offers a practical plan for creating cashlessness.
Notes: Includes bibliographical references (p. [203]-204) and index.