WHAT’s A CASH SHORTAGE?

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What happens if a shitty 3rd world country enters a cash shortage and no one can take out cash from the banks and ATM’s.

What does a cash shortage mean for an economy on life support?

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3 Answers

Anonymous 0 Comments

No cash? No money.

Say you went to the bank, you wanted to withdraw money and they were like no. Now theres also no electronic transactions, so do you have money?

What happens when no one has money? Would you keep going to work if your boss didn’t pay you? Would you sell stuff to people if they didn’t have money?

Everything stops. That’s bad.

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