Cash: economists calling for the 10,000-euro note – WORLD

Cash appears on the retreat. More and more often themselves consumers shrug their current or credit card that in this country the proportion of cash on sales to 48 3 percent declined. This figure is the first time below 50 percent. Against this background, it seems strange that economists now the introduction of new banknotes in the call for euro-zone and that those with far hoherem value than those that are currently in circulation. To the European Central Bank should print banknotes to 1000 5000 and 10,000 euros. But behind it lies a quite comprehensible concept is supposed to protect the savers from the effects of negative interest rates. 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