The Death of Cash: an ancient technology on the way out?

A number of governments, central banks and even some economists now advocate a switch to all-digital currencies. With the rapid rise of mobile payments, the long-term survival of cash seems precarious. But what would be the consequences of removing cash from society altogether? Martin Wolf, the chief economics commentator, gives his view on the cashless society.

Discover

You might like this

Spacs: the blank-cheque blitz of 2020

Special purpose acquisition companies, or Spacs, have taken Wall Street by storm this year. Spacs are shell companies that raise money by listing on the stock exchange. They have no business plan other than to acquire a company that will eventually go public. Spacs have raised more than $55bn this year, but as the FT’s Ortenca Aliaj explains, they may not be the best return on investment.

Discover more content on the topics that inspire, engage and inform the world we live in today at the FT Channels hub.