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SUBJECT:
The case for cash
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noreply@mail.bloombergview.com
DATE:
2017-05-22 09:01:48
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hbiden@rosemontseneca.com
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.footer .iOSLink a { color: #666666 !important; text-decoration: none !important; } @media only screen and (max-device-width: 480px) { body { padding: 10px !important; } .one-column p, .one-column li { font-size: 19px !important; line-height: 29px !important; } }A daily digest of opinions and analysisThe World Should Think Twice Before Going CashlessEven after India caused chaos by yanking nearly 90 percent of its paper currency from circulation, advocates say the world would be more transparent, more efficient, and maybe even more hygienic without the stuff. But Satyajit Das isn't convinced — and thinks the anti-cash crowd has less politically palatable motives.Trump Hits the Road. What Could Possibly Go Wrong?Jet lag. Communications snafus. Diplomatic gaffes. Missing pants. Travel is stressful under the best of circumstances, and when the president is involved, the stakes are infinitely higher. Tobin Harshaw speaks with Loren DeJonge Schulman, who traveled around the world as part of Barack Obama’s entourage, about the perils Donald Trump may face during his first overseas trip in office.When U.S. Presidents Feared Setting Foot on Foreign SoilOverseas jaunts are routine today, but not a single American president set foot outside the country before 1906 — with one fishy exception. Stephen Mihm examines the history of a now-forgotten “ironclad taboo” of U.S. politics.The One Thing Democrats Like About TrumpAs much as liberals disdain his policies, they have to give this to the president: He makes a great recruiter. Trump has prompted huge numbers of Democratic newcomers to challenge GOP incumbents (including an unusual number of women and veterans), and Al Hunt says the deluge could flip the House in 2018.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsApple’s new campus: An exclusive look inside the mothership (Wired)David M. Blitzer: Stock picker behind the S&P 500 (Wall Street Journal)Empire of things: How we became a world of consumers (New York Review of Books)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe
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