Cash Use Rises as Households Struggle to Cope With High Inflation US News | The Epoch Times https://ift.tt/LfcSHqi Cash payments have made a comeback as households struggle to cope with high inflation, according to a new study. After decades of falling cash use, the impact of the rapid inflation growth has been reversing the trend toward digital. Credit Karma and The Harris Poll conducted a survey last month, which showed that 53 percent of adults in the United States and 46 percent in the United Kingdom are more likely to use cash than a year ago, reported Bloomberg. Individuals preferring cash rose 19 and 4 percentage points, respectively, over those who did not use it more. Roughly three in five cash users in both countries said using physical money makes them spend less.... April 28, 2023 at 11:55PM https://ift.tt/MSknlX7 Bryan Jung https://ift.tt/XWOPtm6
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