“Your money is safe at the banks... The last thing you should be doing is pulling your money out of the banks thinking it’s going to be safer somewhere else.”
While the pendulum has swung toward group dining, perhaps due to pent up demand after three-plus-months of safer at home orders and dining room closures in some markets, this interest could be short lived...
Average daily sales were down to 51,627 during June 22-27. This is a 6% sequential fall from the same week in May, indicating little respite or improvement from the pressure of the coronavirus pandemic on the industry.
...central banks all over the globe have been encouraging the use of digital payments for a very long time, and so this pandemic has given them a golden opportunity to accelerate that agenda.
With cash being presented not just as a danger to society and to national security, but also as a direct health hazard due to the coronavirus, the push towards digital alternatives has been massively reinforced over the last few months...
