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Comment by mtmail

According to https://www.cashforless.de/ec_cash_info/Fakten_zur_Kartenzah... methods for payments in stores 2011 was 57% cash, 5.3% credit card, 33% debit card (https://en.wikipedia.org/wiki/Electronic_cash).

> "of course, [the Germans] attitudes toward currency must owe something to Germany’s tumultuous monetary history. During the Weimar-era hyperinflation that peaked in 1923 [...]"

> "the German tendency to settle up in cash undeniably reflects the fact that for much of the last century, Germany has been either on the brink of, in the midst of, or struggling to recover from, disaster."

As a German I call that theory into question. Our currency has been stable for 60+ years. It would've been nice if other countries with recent disasters (war, hyperinflation, sanctions) and their attitude toward currency was compared against.

parent mtmail 9 years ago

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