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Venue

Miller’s Studio
Seefeldstrasse 225, 8008 Zurich

Format

Zurich

Date

Thursday, November 5, 2015

In cooperation with

“Money is coined liberty, and so it is ten times dearer to a man who is deprived of freedom. If money is jingling in his pocket, he is half consoled, even though he cannot spend it.”
Fyodor Dostoyevsky

“Paper currency facilitates making transactions anonymous, helping conceal activities from the government in a way that might help agents avoid laws, regulations and taxes. Paper currency … makes it difficult for central banks to take policy interest rates much below zero, … as much as they might like in response to large deflationary shocks.”
Ken Rogoff

Conference Proceedings No 2016/1 “Cash on Trial” (pdf)

Program

Time
Thursday, 5 November 2015
08:45
Opening and Welcome
Urs W. Birchler, SUERF President and Professor of Banking, University of Zurich
Pierre Bessard, Executive Director, Liberales Institut
09:00
Prologue

Overview of Issues: Cash and Anonymity: Pro’s and Con’s

Malte Krüger, Aschaffenburg University of Applied Sciences presentation

The History of Cash

Helmut Stix, Oesterreichische Nationalbank

Act I: Reading the Accusation

David T. Llewellyn, Loughborough University and SUERF
10:00
Act II: Witnesses for the Prosecution (Cash – A Barbarous Relic)

Why Cash is Suboptimal

Harry Leinonen, Ministry of Finance, Finland presentation
11:00
Coffee
11:15
Act III: Witnesses for the Defense

The Fallacy of a Cashless Society

Aleksander Berentsen, University of Basel presentation

Cash versus Card

Nicole Jonker, De Nederlandsche Bank presentation

Getting rid of Cash? Some Monetary Policy Considerations

Jens Ulbrich, Deutsche Bundesbank and SUERF presentation
12:30
Lunch
13:15
Act IV: Court Experts

Digital Currencies

Paolo Tasca, Deutsche Bundesbank and ECUREX presentation

Cash and Crime

Friedrich Schneider, University of Linz presentation

Informal Payments, Crime Control and Fragile Communities

Nikos Passas, Northeastern University
15:00
Coffee
15:30
Act V: Intermezzo… and Verdict

A Wider View

Jean‐Charles Rochet, University of Zurich presentation

A few Thoughts on Cash and Money

Peter Sloterdijk, Philosopher and Writer

The Verdict

David T. Llewellyn, Loughborough University and SUERF
17:00
End
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