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“important today”
“Cash will disappear”: Why Germany is lagging behind when it comes to paying
At least since the Corona pandemic, there is something dirty about cash. Please pay contactless, it says at every checkout. So could coins in wallets soon be history? A financial expert explains.
According to the consumer center, the Germans’ favorite means of payment is still cash. And that despite the corona pandemic, in which every checkout is asked to pay contactless, i.e. with a card, to prevent the spread of viruses. In Sweden or in the USA this has long been part of everyday life. Paying by credit card or smartphone is normal there, and cash is becoming less and less common. Some people even go so far as to have chips implanted in them that allow them to automatically pay when they leave a store. So will cash soon be history? And why are the Germans so attached to their coins and bills? The finance scientist Prof. Dr. Aloy’s prince knows the answer.
New Merkel podcast
Angela Merkel has been retired for 41 days. Well, probably not quite, she is said to have moved into Helmut Kohl’s old office and to write a biography with her longtime office manager Beate Baumann. Now Merkel is reappearing – in a new one star-Podcast about her life and her chancellorship. the starEditor-in-chief, Anna-Beeke Gretemeier, met many of the former chancellor’s confidants for “ÜberMerkel” and talked about her life, the special thing: only with women. For 16 years, Merkel’s story was actually mostly told by men, she says. And of course we cannot and do not want to let that stand.
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