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| 02086nam 2200325za 4500 |
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| 001 | 9.863415 |
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| 003 | CaOODSP |
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| 005 | 20221107161254 |
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| 007 | cr ||||||||||| |
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| 008 | 180926s2018 oncd ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-6/2018-12E-PDF |
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| 100 | 1 |aEngert, Walter. |
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| 245 | 10|aIs a cashless society problematic? |h[electronic resource] / |cby Walter Engert, Ben S.C. Fung and Scott Hendry. |
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| 260 | |a[Ottawa] : |bBank of Canada, |c2018. |
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| 300 | |a31 p. : |bcol. charts. |
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| 490 | 1 |aBank of Canada staff discussion paper, |x1914-0568 ; |v2018-12 |
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| 500 | |a"October 2018." |
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| 504 | |aIncludes bibliographical references (p. 22-23). |
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| 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. |
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| 546 | |aIncludes abstract in French. |
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| 693 | 4|aCurrency |
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| 693 | 4|aElectronic funds transfers |
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| 700 | 1 |aFung, Ben S. C. |
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| 700 | 1 |aHendry, Scott. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff discussion paper (Bank of Canada)|x1914-0568 ; |v2018-12.|w(CaOODSP)9.806273 |
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| 856 | 40|qPDF|s1.66 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-6-2018-12-eng.pdf |
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