Ep 82 – Cash Out

Episode 82 - "Cash Out" South Korea is eliminating coins and requiring shoppers to upload their cash receipts to a digital database; Indians are still reeling from a 2016 decision that turned 86% of the country's cash worthless in a matter of hours; migrants and refugees are being targeted for new schemes of financial inclusion, but not experiencing the promised benefits; US cities are retaliating against cash-only retailers eager to speed the flow of customers, increase spending, and surveil our every purchase while excluding undesirable demographics; and despite our technological proficiencies, fiction writers 500 years ago still had more creative solutions to our money woes. It seems like a straight-forward topic and yet we still manage to ramble off script. Chapters 09:08 The Age of Cashless 16:30 Resisting 21:11 Ancient Wisdom 25:56 India Demonetization 35:32 Refugee Services 47:54 Migrants and Music Festivals 51:37 The High Cost of Banking 58:19 The Psychology of Cashless 1:06:01 Surveillance and Control A full transcript is available as well as detailed links and sources (plus credits and more) on our website ashesashes.org. Find more information along with relevant news and links on your favorite social network @ashesashescast. CC BY-SA 4.0