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Currency: time for change?

Author

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  • Paul W. Bauer

Abstract

Despite the increasing use of credit and debit cards and the emergence of various electronic payment instruments, currency remains king-at least for small-dollar-value transactions. The author examines the Federal Reserve's present role in providing currency and explores the challenges and opportunities in developing forward-looking currency policies.

Suggested Citation

  • Paul W. Bauer, 1998. "Currency: time for change?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Oct.
    • Handle: RePEc:fip:fedcec:y:1998:i:oct1
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    Cited by:

    1. Paul W. Bauer & Apostolos Burnetas & Viswanath CVSA & Gregory Reynolds, 2000. "Optimal use of scale economies in the Federal Reserve’s currency infrastructure," Economic Review, Federal Reserve Bank of Cleveland, issue Q III, pages 13-27.

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    Keywords

    Payment systems; Money;

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