Ken Rogoff Makes the Case for Eliminating Paper Money

The video discusses Ken Rogoff's book 'The Curse of Cash', focusing on the issues with large denomination notes and their role in crime and tax evasion. It compares cash usage in Europe and the US, highlighting the benefits of reducing large notes. The impact of technology on currency, such as plastic notes, is explored, along with the potential for negative interest rates as an economic policy tool.

What is the main idea presented in the book 'The Curse of Cash'?

According to Kenneth Rogoff, what are the two ideas regarding cash and crime?

What emotional attachment do people have towards cash, as discussed in the text?

How does the text describe the relationship between cash and tax evasion?

What is the significance of the €500 note in the context of crime and cash?

What role does technology play in the future of currency, as mentioned in the text?

What are the potential benefits of moving towards a less cash society, according to Rogoff?