The disadvantages of paper and coin money are obvious. Even very small amounts of cash can be a motive for crime. The pound note in your pocket is easily transferable and very difficult to trace and is therefore a prime target for thieves. Hardly a day goes by without news of a hold-up or ‘mugging’ reaching us through the press or television. However, it is not just large organisations who need to feel apprehensive, ordinary people are just as vulnerable. In American cities, it is reported that muggers are turning their attention away from affluent looking businessmen, who now rely more and more on credit cards, and preying on the less affluent who are more likely to be carrying cash.
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© Ray Linforth and Margaret Bell 1983