Denmark Might Eliminate Paper Money

Words: 629

Pages: 3

Open Document

Tienna Dougall English Honors; Pd #3 4/24/24 Society is focused on creating a future in which our lives can be easier and we can efficiently do our daily tasks. A prime example of how this will be achieved is by using cards to make purchases rather than physical cash, but the detrimental effects of using cards should be considered. “Yes, Credit Cards Are Making You a Bad Person” by Derek Thompson mentions how credit cards influence people to buy more than they need, which creates financial issues. “Denmark Might Eliminate Paper Money: Should We Do The Same?” by Adele Peters explains how physical money is safer to have than money that is kept in the bank and at risk of privacy issues. In short, cash currency should not be eliminated since it …show more content…
...The issue is reducing risk and perceived risk sufficiently so that consumers/citizens feel comfortable enough using that system.” This strengthens my position since it shows how digital currency exposes people to multiple privacy issues. It reveals that the government keeps records of what we spend, which inspires hackers to alter the system and cause people to lose their money. Readers can understand that digital transactions are faulty, and by paying through cash they can avoid these risks from targeting them, hence why cash should not be eliminated. Furthermore, when people use cash to make purchases, they develop good spending habits. According to “Yes, Credit Cards Are Making You a Bad Person” by Derek Thompson, it states “Research has shown that people who own more credit cards spend more overall; more in specific stores; more at restaurants, more on tips at restaurants.Cards make us forget we’re dealing with money.” This strengthens my claim because the quote lists multiple places in which people spend a lot of money using credit

Essay Canada Who

The Containment and Treatment of Noma and The Prequalification of Drugs Topic A: The Containment and Treatment of Noma Topic Description The country of Canada is deeply concerned about the deadly disease, Noma, and would like to provide a solution. Noma is an infection that inhabits the face and slowly eats away at the flesh and bones around the mouth. The people most susceptible of this disease are children under the age of six, usually brought upon by poor living conditions, and improper…

Words 3064 - Pages 13

Reassessing The Impact Of Finance On Growth

BIS Working Papers No 381 Reassessing the impact of finance on growth by Stephen G Cecchetti and Enisse Kharroubi Monetary and Economic Department July 2012 JEL classification: D92, E22, E44, O4 Keywords: Growth, financial development, credit booms, R&D intensity, financial dependence BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published by the Bank…

Words 8032 - Pages 33

Organic Chemistry Essay

Cambridge University Press doi:10.1017/S1474746407003831 Turkey, the EU and Social Policy∗ Nick Manning School of Sociology and Social Policy, University of Nottingham, United Kingdom E-mail: nick.manning@nottingham.ac.uk This paper considers what we might expect to be the effect on social policy of Turkish accession to the EU by reviewing the impact of EU membership on social policy in other new member and candidate countries. This effect begins long before membership is ﬁnalised, and…

Words 5551 - Pages 23

Essay Acid and Transaction Model

Downloaded by Northumbria University At 13:02 01 October 2014 (PT) Lars Frank The author Lars Frank is an Associate Professor in the Department of Informatics, Copenhagen Business School, Frederiksberg, Denmark. Keywords Computer software, Databases, Manufacturing resource planning Abstract This paper will use the latest research within the extended transaction models and replication methods to illustrate how to design distributed enterprise resource planning (ERP) software with high performance and…

Words 8856 - Pages 36

Essay on Student: International Trade and Country

Physical and Social Factors Affecting the Flow of Goods and Services In response to a variety of physical and social factors (i.e., political/legal, behavioral, economic, and geographic), governments enact measures designed to either enhance or restrict international trade flows. These measures invariably affect the competitive environment in which companies operate, either enhancing or hindering their capacity to compete on an international scale. To an extent, of course, the converse is also…

Words 8625 - Pages 35

Essay about An Introduction to Hydrophonics and Controlled Environment Agriculture

Introduction to Hydroponics and Controlled Environment Agriculture by Patricia A. Rorabaugh, Ph.D. University of Arizona Controlled Environment Agriculture Center 1951 E. Roger Road Tucson, AZ 85719 Revised December, 2012 TABLE OF CONTENTS CHAPTER 1: Controlled Environment Agriculture and Hydroponics: Past, Present and Future The Plant How to grow greenhouse crops Plant Protection: Insects and Diseases Basic Principals of Hydroponics Transplant Production Pollination, Fertilization and Bee…

Words 40128 - Pages 161

Managing Information Technology (7th Edition) Essay

CONTENTS: CASE STUDIES CASE STUDY 1 Midsouth Chamber of Commerce (A): The Role of the Operating Manager in Information Systems CASE STUDY I-1 IMT Custom Machine Company, Inc.: Selection of an Information Technology Platform CASE STUDY I-2 VoIP2.biz, Inc.: Deciding on the Next Steps for a VoIP Supplier CASE STUDY I-3 The VoIP Adoption at Butler University CASE STUDY I-4 Supporting Mobile Health Clinics: The Children’s Health Fund of New York City CASE STUDY I-5…

Words 239873 - Pages 960