In the Great Depression, you bought something if you had the cash to buy it.
Cash is king in Africa.
The rapid growth in many of our suburbs has spawned a booming construction industry eager to hire low wage immigrants who gladly fill these jobs, many of them happy to be paid in cash, free of federal and state taxes.
The biggest challenge of public policy is to know when and how the world has changed. We are no longer an empty continent with endless absorptive capacity. We have a cash-wage economy that is having terrible problems finding jobs for its own people. The concern about immigration is not nativism but common sense.
I think we are in an age where cash pays for time and space. The more cash you have, the bigger space you can buy and the smaller the technology to put in it.
The maxim of buying nothing without the money in our pocket to pay for it, would make our country one of the happiest upon earth.
In New York, the currency is money. You have money, and you get anonymity.
Even in the most market-obsessed society, we're still spending half of our time on something other than just getting cash.
People were holding high denomination notes to keep tax unaccounted for money. Some sectors like real estate were using cash to avoid tax.
Two decades after communism and the alleged end of the Cold War, Russia is still a cash economy. The preferred currency is dollars, though euros are also acceptable.
Under the ideal measure of values there lurks the hard cash.
There was some conflict there over Saturday nights because we were all really broke in those days- all the money you had in the world was in your pockets. Nowadays when you're say you're broke, it's not the same thing.
Why should a country have to take on itself a huge burden of managing a totally cash economy?
Really poor children in really poor neighborhoods have no habits of working and have nobody around them who works. So they literally have no habit of showing up on Monday. They have no habit of staying all day. They have no habit of 'I do this and you give me cash' unless it's illegal.
I don't believe in credit or loans.
When you live on cash, you understand the limits of the world around which you navigate each day. Credit leads into a desert with invisible boundaries.
You don't need credit.
Money is not capital in most of the developing countries. It's just cash. Because it lacks the institutional, organizational, managerial forms to turn it into capital.
Only criminals want to use cash.
I ain't got a credit card, a mobile phone or a computer. Call me sentimental. I think that's a whole world of trouble I ain't got no business setting foot in. And you know what? It feels good.
I grew up in a world before people had credit cards. There were no magic cards - it was all about budgeting.
Mobile phones could not work in Africa without prepaid because it's a cash society.
