Extra: The Cost Of America Going Cashless

There’s a big push to go cashless. More and more companies are
embracing and, in some cases, only permitting digital payments. And
in March, President Trump signed an executive order. mandating a
transition to electronic payments to and from the federal
government, including tax refunds and federal benefits. While there
will be exceptions, the goal is for the federal government to begin
to phase out paper checks. But there are some leery about this
movement. Jay Zagorsky, a professor at Boston University's Questrom
School of Business, and the author of 'The Power of Cash: Why Using
Paper Money Is Good for You and Society,' thinks credit cards
should not be king, and there’s value to keeping cash around
Zagorsky recently spoke with Fox News Rundown host Lisa Brady and
explained why all Americans should be concerned about the country
going cashless, how moving away from paper currency hurts
businesses, and what Americans can do to counter this trend. We
often must cut interviews short during the week, but we thought you
might like to hear the full interview. Today on Fox News Rundown
Extra, we will share our entire interview with Professor Zagorsky,
allowing you to hear more about the growing cashless movement and
why he’s worried about it. Learn more about your ad choices. Visit
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