The government hates cash for the same reason it hates anonymity. It makes it difficult to control people. Folks are able to engage in commerce freely, something that terrifies every good exponent of greater official control over the people’s lives. So we are regularly treated to noises about banning cash. Will one of these episodes of official criticism of cash eventuate in its abolition? Perhaps.
That cash can be used to evade taxes or facilitate illegal activities is true. But as the source of of this article points out, lots of things can be used to facilitate the commission of crimes including cars, phones, airplanes, and shoes. So far, there is no serious attempt to ban those proven facilitators of illicit activities. To that list of things that are often used in committing crimes I would add politicians. But that’s probably impolite. Or at lease inconvenient.
Let’s take a look at what venerable institutions such as central banks might have in mind for us.
They can’t ban$#%&!@* we make the rules and we decide what we will accept as payment for goods and services. The feds problem is they think they can control us and the simple fact is the American people don’t give a rats$#%&!@*what the feds have to say about anything. We are the kings and they will always be the pawns.
the federal reserve must be held ro a minium of finance, they are getting too much involved into peoples lives when they want to tell people what they can buy and what they cannpt buy and how they buy it, this is none of their business and cash must be left as the masin source of spending in the USA.
Lmao….outrageous bs…unfollow
Federal Reserve is not a govt agency. It is privately owned so I don’t know where they get the big headed idea to force a cashless society.
You gotta love it when folks talk about the Fed and then say government. LOL The Fed is a private bank, NOT a part of the government.
No, it OWNS the government!
Money talks!
It went to Iran and China years ago. Printed paper is just that, trading on our ‘good name’.
http://www.history.com/this-day-in-history/fdr-takes-united-states-off-gold-standard
http://www.cbsnews.com/news/is-there-gold-in-fort-knox/
that brings black markets and gold & silver use
Lol. #Trump has vowed to abolish these Jewish fools who y’all hire your money from.