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Published on Thursday, December 17, 2020

Mexico has to wage a war against cash

Cash allowed humanity to abandon bartering, but the use of cash also involves significant problems. It facilitates tax evasion, corruption (Mexicans have become accustomed to watching videos in which corrupt politicians accept cash bribes).

Key points

  • Key points:
  • Cash also facilitates organized crime activities
  • Public policies aimed at reducing the use of cash should be implemented
  • A cashless economy will be an economy with less crime, tax evasion, corruption, and organized crime

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