Panic, Pandemic and Payment Preferences (PDF) Bank of International Settlements. “Both merchants and consumers appear to have been keen to reduce their use of cash. Many merchants made it clear through signage that they preferred contactless card payment, even for low-value payments. Some even went as far as to indicate that they would not accept cash. Maybe partly in response to this, and their own concerns about hygiene, many people reduced their use of cash in stores. In addition, there was a significant shift to online shopping, where cash is simply not a payment option.”
Social network-based distancing strategies to flatten the COVID-19 curve in a post-lockdown world Nature. Recommended strategy: “[I]ndividuals must decide with whom they regularly want to interact and, over time, restrict interaction to those people. This reduces the number of contact partners rather than the number of interactions. This strategy of limiting contact to very few others with repeated interactions is in the spirit of a social contract with others to create social bubbles allowing only interactions within the same group delineated by common agreement.” Very interesting.
Mule Eschaton. In its entirety: “A lot of people around the country right now are not getting very warm feelings about politicians with Ds after their names. Trump doesn’t run the state and local police.” Funny how that gets erased.
Warning: This video contains graphic content — A 75-year-old man is in “stable but serious condition” after video shows two police officers in Buffalo shoving him, causing him to stumble, hit his head on the ground, and bleed from his head https://t.co/gXQU6f6byfpic.twitter.com/a4u27fzbil
IRS faces obstacles with remaining stimulus checks The Hill. “Tax experts said the IRS faces a tough road ahead in getting payments to everyone who hasn’t received theirs yet, especially for low-income individuals who don’t make enough money to have to file tax returns and also don’t receive certain federal benefits.”