We are particularly grateful for the opportunity today to share the survey with the breadth of AFI members. More importantly, we look forward to drawing from their varied experiences to enhance the survey and our other financial inclusion initiatives. A useful starting point, would be asking ourselves why surveys such as this matter.
After undergoing a dramatic decline, particularly in the period following the Second World War, it now ranges from about 1% in the United States and about 5% in the United Kingdom to about 6% in Germany.16 Governments have retained a monopoly over the production of high-powered money. There are very good reasons for this.