Despite no scientific evidence – and the fact that for centuries people have been handling money and have not died from it despite virus and flu outbreaks of much greater proportions than COVID-19 – under the new ABnormal, many businesses and consumers have been living under newfound anxiety that touching bills and coins increases their chance of catching COVID.
Thus, more and more businesses are banning cash transactions.
This unproven fear affects many vulnerable members of society including the elderly who are uncomfortable with technology, people with no credit, and tips for workers in service industries.
According to LendEDU, the common assumption that bills and coins, since they go through physical contact with so many different people, would be riskier in this pandemic is in fact wrong.
Using a “germ score,” the study revealed the average score for credit and debit cards was 285 compared to an average score of 160 for dollar bills and 136 for various coins.
TREND FORECAST: As central banks and governments flood systems with digital money backed by nothing and printed on nothing to pump up overvalued equity markets and sinking economies, the value of their currencies will continue to decline.
For what the digital future looks like and what to expect, please see Gregory Mannarino’s new article, “THE ENGINEERED EXTINCTION OF THE USD” and Joseph Maxwell’s article “FROM DIRTY CASH TO DIGITAL TRASH” from the 24 March Trends Journal.