Comment on How much did the transition to cashless impacted inflation ?
Acamon@lemmy.world 5 weeks ago
I guess it’d be interesting if you could measure the drop in undeclared income by seeing places that increased their turnover as electronic payments became common. Although because covid was a big driver for that in many places, and disrupted all the expectations for business, demand, costs etc it might be hard to pick apart.
frazorth@feddit.uk 5 weeks ago
It’s also been shown that people are more likely to impulse purchase when not using cash, and moreso with contactless via a phone or watch.
Trying to tie a decline in cash purchases with tax evasion is impossible.