000	00000nam 2200000za 4500
001	9.863415
003	CaOODSP
005	20221107161254
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008	180926s2018    oncd    ob   f000 0 eng d
040	|aCaOODSP|beng
041	|aeng|bfre
043	|an-cn---
086	1 |aFB3-6/2018-12E-PDF
100	1 |aEngert, Walter.
245	10|aIs a cashless society problematic? |h[electronic resource] / |cby Walter Engert, Ben S.C. Fung and Scott Hendry.
260	|a[Ottawa] : |bBank of Canada, |c2018.
300	|a31 p. : |bcol. charts.
490	1 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2018-12
500	|a"October 2018."
504	|aIncludes bibliographical references (p. 22-23).
520	3 |a"The use of bank notes in Canada for payments has declined consistently for some time, and similar trends are evident in other countries. This has led some observers to predict a cashless society in the future. This paper considers the implications of the abandonment of the use of cash in the future. More specifically, we look at a variety of ways in which the emergence of a cashless society could affect key concerns of a central bank, including seigniorage, monetary policy, payments and financial stability considerations. We find that a cashless society would not generally cause material, system-wide problems. There are a few areas, however, where concerns could emerge: the maintenance of both operational reliability and contestability in retail payments, and the provision of a safe store of value in an (extreme) financial crisis. We note policy options to address these potential concerns"--Abstract, p. ii.
546	|aIncludes abstract in French.
693	4|aCurrency
693	4|aElectronic funds transfers
700	1 |aFung, Ben S. C.
700	1 |aHendry, Scott.
710	2 |aBank of Canada.
830	#0|aStaff discussion paper (Bank of Canada)|x1914-0568 ; |v2018-12.|w(CaOODSP)9.806273
856	40|qPDF|s1.66 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-6-2018-12-eng.pdf