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More people are avoiding cash. That might not be a good thing

With more people following “stay at home” orders during the coronavirus outbreak, cash is no longer king. Told to avoid passing around bills, the homebound are ordering take-out and shopping online with credit. And for the millions who have lost income or suffered a job loss as a result of shutdowns, they may be putting a lot more than that on credit cards.

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Posted by Kayode

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