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The cash society
This paper discusses the use of cash by US consumers. Using data about how consumers get, hold and use cash, it finds that reports of the demise of cash are, indeed, premature.
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Claire Greene is a payments analyst at the Federal Reserve Bank of Boston, where she helps the experts in the Consumer Payments Research Center share their knowledge with industry, academics and consumers. She has worked as a banking journalist and in businessto- business marketing. She earned her BMus from Northwestern University and her MBA from Northeastern University.