“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • Aceticon@lemmy.world
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    4 months ago

    Credit cards are electronic payments, hence why they had magstrips and later smartchips. Also how long ago did they replace most cash transactions depends on the country - in plenty of even Western nations card payments were pretty rare even it the 90s.

    Thwt said your point that fhe transation to said “modern” economy has been going on for longer than merely “since the 90s” does make sense.