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THE BUSINESS PAGE
For years, banks and industries have kept a keen eye on the slow disappearance of cash from our economy. They put up very little resistance when they had to invest in new virtual payment systems, despite the high cost. After years of lobbying, European states are loosening their grip, and letting them privatize currency. But cash, with the liberty it gives, is a regalian good which States ought to guarantee for their citizens. Full story
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