Swiss Economicblogs.org
The stories are all over the Internet. Governments are forcing us into a cashless society. Supposedly the pretext is terrorism, and the real reason is to take more control. No doubt more power appeals to politicians, and banning cash seems like the next step after mandatory reporting of cash transactions. However, I think there is a more serious driver than simple power lust. A more compelling case is that cash banning is the logical follow up to bail-ins. Most people think a bail-in is...
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