Finance Fact #7 – Germany Once Used Cans as Money
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After WWI, hyperinflation in Germany led to people using bartering and items like canned goods instead of worthless paper marks. 🥫💶
Sweden
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Why Has Cash Almost Disappeared in Sweden?
Sweden is often called the world’s first “cashless society,” and for good reason. Over the past decade, the use of cash has dramatically declined, with many businesses and even banks no longer handling physical money. But why is this happening? Let’s explain the key factors behind this shift in finance.
