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The curse of cash

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The curse of cash

KENNETH s.ROGOFFTHE CURSE OF CASHKENNETH s. ROGOFFPRINCETON UNIVERSITY PRESSPRINCETON AND OXFORDCopyright © 2016 by Kenneth s. RogoffRequests for perm

The curse of cashmission to reproduce material from this work should he sent to Permissions, Princeton University PressPublished by Princeton University Press, 41 Will

iam Street, Princeton, New Jersey 08540In the United Kingdom: Princeton University Press, 6 Oxford Street, Woodstock, Oxfordshire 0X20 1TRpress.prince The curse of cash

ton.eduJacket design by Faceout StudioExcerpt from The Collected Writings of John Maynard Keynes copyright © 1931, 1972, 2010, 2013 The Royal Economic

The curse of cash

Society. Reprinted with the permission of Cambridge University Press.All Rights ReservedLibrary of Congress Cataloging-in-Publication DataNames: Rogo

KENNETH s.ROGOFFTHE CURSE OF CASHKENNETH s. ROGOFFPRINCETON UNIVERSITY PRESSPRINCETON AND OXFORDCopyright © 2016 by Kenneth s. RogoffRequests for perm

The curse of cashical references and index.Identifiers: LCCN 2016014943 I ISBN 9780691172132 (hardback : alk. paper)Subjects: LCSH: Paper money. I Money. I Currency qu

estion. I Monetary policy.Classification: LCC HG350 .R64 2016 1 DDC 332.4—dc23 LC record available athttps://lccn.loc.gov/2016014943British Library Ca The curse of cash

taloging-in-Publication Data is availableThis book has been composed in Sa bon LT Std with DIN Pro DisplayPrinted on acid-free paper, ooPrinted in the

The curse of cash

United States of America10 9876 5 4321To my parents, June and Stanley Rogoff

KENNETH s.ROGOFFTHE CURSE OF CASHKENNETH s. ROGOFFPRINCETON UNIVERSITY PRESSPRINCETON AND OXFORDCopyright © 2016 by Kenneth s. RogoffRequests for perm

KENNETH s.ROGOFFTHE CURSE OF CASHKENNETH s. ROGOFFPRINCETON UNIVERSITY PRESSPRINCETON AND OXFORDCopyright © 2016 by Kenneth s. RogoffRequests for perm

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