Mises Wire
Author:
Paul-Martin Foss
Online Publish Date:
The ECB officially decided to end production of the €500 note yesterday, with production winding down at the end of 2018 . Ostensibly this was done to prohibit the use of the €500 note by criminals and terrorists. While this is just one step in the long-term War on Cash, what might some of the more immediate effects be? 1. Increased Demand –