Cash is (Almost) Dead

<p>Imust admit that I am a strategic management consultant and professor &ldquo;of a certain age.&rdquo; As such, I have to guard against falling into what might be academically called &ldquo;old fart stories&rdquo; and telling students/clients about the way things used to be &mdash; which, of course, plays no bearing whatsoever on the way things operate today and will in the future. Yes, those of us in our 50s, 60s, and 70s are the last generations that will really remember a marketplace where &ldquo;cash was king.&rdquo; We remember paying for items in stores with cash &mdash; or even a check. We can even remember writing out actual checks to mail to pay our bills (like in the days of the &ldquo;Pony Express!&rdquo;). Today, when the proverbial &ldquo;little old lady&rdquo; whips out her checkbook to write out a check to pay for her items at Walmart or Target, people behind her &mdash; or him &mdash; will often almost get enraged, thinking: &ldquo;Why can&rsquo;t she (or he) get with the program &mdash; and the times?&rdquo;</p> <p><a href="https://medium.com/modern-business/cash-is-almost-dead-b15f1f453e7c"><strong>Learn More</strong></a></p>
Tags: Cash