Cash in Good Heart in Türkiye
At the Global Currency Forum (GCF) in Antalya at the end of April, who said or made a comment along the lines below (answers below)?
1.Cash: the ultimate safety net of the financial system
2.Moving to a ‘balance of power’ world
3.No glory in prevention
4.Cash is a shock absorber
5.If digital fails, the banks are responsible for making cash available
6.Only a central bank has the incentive to make the case for cash
7.Not a public good, a public product
8.Digital payments haven’t earned emotional rights
9.Cash has more value than face value
10.Managing a generational transition
Take these statements along with session titles such as the value of cash – global evidence and strategic arguments, reframing cash – perception, innovation and communications, cash cycle resilience and affordability in transitioning markets, crisis proof payments: why cash matters, and cash as a positive value in a modern society, and you might conclude that the focus of the GCF was on countering or managing a cash market under pressure.
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