Dan Murphy emails me:
I’m questioning if the pandemic is having an outsized impact on the underground economic system relative to the economic system as a complete. For example, most of the small companies which might be shuttered or scaled down can be extra more likely to interact in unreported money transactions than the net retailers who’ve thrived. One additional, shoppers buying from small enterprise are much less probably to make use of money as fee for sanitary causes or as a result of their funds are processed by means of Seamless or Uber Eats. With estimates of the scale of the underground economic system between 11 and 23%, might a 10-50% discount in these transactions imply we’re considerably underestimating the scale of the slowdown?
Any ideas? Any tips about additional dialogue?
Do any of of fine therapies of this?