TY - BOOK AU - Rogoff,Kenneth S TI - Curse of cash SN - 9780691172132 AV - HG350 .R64 2016 U1 - 332.4 23 PY - 2016/// CY - Princeton PB - Princeton University Press KW - Paper money KW - Money KW - Currency question KW - Monetary policy N1 - Includes bibliographical references and index; Introduction and overview -- The early development of coins and paper currency -- Size and composition of global currency supplies, and the share held abroad -- Holdings of currency in domestic legal, tax-paying economy -- Currency demand in the underground economy -- Seigniorage -- A plan for phasing out most paper currency -- The cost of the zero bound constraint -- Higher inflation targets, nominal GDP, escape clauses and fiscal policy -- Other paths to negative interest rates -- Other possible downsides to negative nominal policy rates -- Negative interest rates as a violation of trust and a step away from rule-based systems -- International dimensions to phasing out paper currency -- Digital currencies and gold -- Conclusions ER -