8.05.2023

It is never too late to mend

The Swedes' and the tax authority's opinions differ. A new survey shows that Swedes' attitude to cash has changed.

20 years ago, cash constituted 10.7% of all the money circulating in Sweden's economy, to be contrasted with today's approximate 1.5%.

Despite this, 80% of Swedes want to keep cash as a valid means of payment compared to 66% just three years ago.

I guess that it is all the recent cyber attacks against banks, authorities and others that have changed the Swede's attitude.

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