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Cash Is Dead! Long Live Cash!

By: John C. Williams

April 5 - In an essay in the San Francisco Fed's 2012 Annual Report, San Francisco Federal Reserve Bank President and CEO John C. Williams explains why currency in circulation is soaring at the same time Americans are turning away from cash to pay for purchases. He also looks at the future demand for cash and the role the San Francisco Fed plays to help the Federal Reserve distribute currency and ensure enough is in circulation.

Click here to read the essay.



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