“We’re looking at sending checks to Americans immediately,” Mnuchin said during a press briefing from the White House. “Americans need cash now, the president wants to get cash now. I mean now—in the next few weeks.”
“We’re looking at sending checks to Americans immediately,” Treasury Secretary Steve Mnuchin said Tuesday. “And I mean now, in the next two weeks.”
The physical cash holdings of German banks rose to a record 43.4 billion euros ($48 billion) in December, according to Bundesbank data published on Friday. That’s almost triple the amount at the end of May 2014, the month before the European Central Bank started charging for deposits and raising the pressure on Germany’s already beleaguered banks.
„It was a big lesson for me. People who were paying in cash looked at me, annoyed that I was wasting time at the till. I opted to return the goods to the shelves and walk out,“ he said
(12.May) Australia’s Liberal Party government has announced that it will soon be illegal to purchase anything over $10,000 with cash. The government says it’s „encouraging the transition to a digital society“ and cracking down on tax evasion. But not everyone is happy with the move.