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<p>[QUOTE=&quot;medoraman, post: 4588416, member: 26302&quot;]Cash as a medium of exchange, has been declining for decades now. It is about a third of transactions today, but with Covid I bet that declines further. I went into three stores yesterday, all demanding electronic payment and no cash. </p><p><br /></p><p>As for &quot;no reserve currency would do&quot;, isn&#039;t Germany negative? Third largest economy and the largest user of the Euro, (probably the world&#039;s second reserve currency). Think about it, as our debt becomes larger, the easiest way for the Federal government to finance that is to have negative rates, meaning their debt goes down each year and they have no interest. Super low interest rate manipulation is the new &quot;printing money&quot; idea of those who want to spend way more money than we have. This is the new way of taxing savers.[/QUOTE]</p><p><br /></p>

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