How Eliminating Cash Could Benefit Average U.S. Families

How Eliminating Cash Could Benefit Average U.S. Families
AP Photo/Mark Lennihan, File

Soon, $50 and $100 bills may be a thing of the past. That’s the future some economists are predicting—and want.

But will people be better off without paper money? New research from the University of Georgia suggests they could be—as long as certain taxes are lowered too.

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