He created the cash economy-a cornerstone of capitalism-with a brilliant insight: Money is the enemy of caste and stagnation.
Local leaders could help undermine the power of the federal government by allowing the barter economy to displace the cash economy.
Iran is a cash economy: credit cards, ATMs, and other personal financial tools that leave measurable traces are not to be found.
Many Latinos still operate in the cash economy, which means that even the successful ones rarely pass the usual tests for mortgage risk.
ECONOMIST: Housing may be California's biggest long-term problem
In many regions around the world, a strong and vibrant cash economy is actually underpinning the faltering national economies that no longer offer sufficient mainstream opportunities for their citizens.
Because Entropia has a real cash economy (players can exchange Project Entropia Dollars for real U.S. dolllars at a fixed 10:1 exchange rate), virtual entrepreneurs can start real moneymaking businesses in the game.
FORBES: Meet The Man Who Paid A Record $335,000 For Virtual Property
This means less concern about looming credit card debt among customers and, as almost everyone close to the scene acknowledges, the cash economy allows them to hide some of their profits from revenue-seeking governments.
The country is turning into a cash economy.
CNN: Sick man of Europe: Life-support drugs run short in Greece
Entropia is an online game that has a real cash economy--players can exchange Project Entropia dollars for real U.S. dollars at a fixed 10:1 exchange rate, enabling virtual entrepreneurs to start businesses in the game.
There may also be rows over how to deal with the lucrative trade in qat, a narcotic leaf that many Somalis chew and which is flown into Mogadishu daily from Kenya and Ethiopia, perhaps accounting for as much as half the city's cash economy.
Well even if you were prepared give up access to any government services including medical care, worked only in the cash economy, did not send your children to school, ditched your mobile phone, your credit and debit cards, and stopped using the internet or your car - all this would still not be enough.
While Russia's is a cash-driven economy, there are rules making it hard to withdraw large quantities of cash from a bank.
The Czech Republic is less a promised land than a cash-strapped economy in transition.
The more important is a package of reforms, without which Ukraine's cash-strapped economy has no chance of flourishing.
The programme, which involves pumping new cash into the economy by buying government bonds, has instilled confidence among investors.
The central bank has also shifted towards a tighter stance in recent weeks, withdrawing cash from the economy via its open-market operations.
They need a boost in jobs and more cash in the economy.
FORBES: Stop telling me to grow big and spend. I'm happy the way I am.
For as long as government suppliers continue to be unpaid and banks undercapitalised, the cash-starved economy has no prospect of moving again.
Some companies grow cash whether the economy is good bad or indifferent.
FORBES: Buy Float Shrink And Tech Stocks Whether Market Cracks Or Not
"Direct injections of cash into the economy, through both immediate consumer and government spending, are the shots in the arm needed to ward off a recession, " said Sen.
Economists also said the data revived the possibility that the Bank might decide to increase its "quantitative easing" programme of buying up government debt in order to pump more cash into the economy, if the recovery falters.
The visit is seen as a possible tourism boost to the island's cash-strapped economy as many residents seek to make use of a series of recent free market reforms that have slowly swelled the number of private businesses in the country.
If you've targeted a particular growth rate of cash GDP and the economy has not reached that rate, over a sustained period, the point of cash GDP targets is that the central bank is not supposed to just forget about those failures and look to the future - as the Bank of England has done with the inflation target.
They can only pray that a cash injection into the economy creates new jobs.
This simple double entry book keeping shows that the net cash flow into the economy produced by government spending is zero, nada, nothing.
Well, Sir Mervyn King will be relieved to hear that Wadhwani does not like the idea of targeting nominal GDP - the cash value of the economy - instead of inflation.
The government hopes that its vast army of civil servants will not only plough a bit of extra cash back into the economy, but that the increase will encourage them to be honest.
ECONOMIST: China's civil service: The strategy behind a pay rise | The
By joining the U.S. Federal Reserve and other major central banks in flooding the economy with cash, the Bank of Japan hopes to get corporations and consumers to begin spending more and end a long malaise.
应用推荐