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Essay

Cashless Society

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Issue:

Business

 

Written by:

Mary R

 

Date added:

October 20, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 489

 

Was viewed:

6980 times

 

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Essay content:

http://www.archive.newsmax.com/archives/articles/2002/6/28/181711.shtml “Fuelling the growth of prepay cards is essential to realising our vision of a truly cashless society.” Phil Davies quotes An environment that has no cash, where is it? How do we get it for what we want and need? Where it is in the banks and other electronic banks and systems, and how to get it would be through credit/debit cards and other electronic transactions...
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Will taxes be withdrawn from those same accounts? How much and will there be a lower rate? “These and other questions enter the mix in the discussion of “a world without money.” As in all things, “the devil is in the details.” Advocates of free enterprise and low taxes are convinced they need to get in on the ground floor of the debate...
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