http://www.economicpolicyjournal.com...print-for.html
Harvard Professor Creates Blueprint for Ending Cash in US; Calls for Immediate Phasing Out of $20 Bills
Citaat:
When I tell people that I have been doing research on why the government should drastically scale back the circulation of cash—paper currency—the most common initial reaction is bewilderment. Why should anyone care about such a mundane topic? But paper currency lies at the heart of some of today’s most intractable public-finance and monetary problems. Getting rid of most of it—that is, moving to a society where cash is used less frequently and mainly for small transactions—could be a big help...
There is little debate among law-enforcement agencies that paper currency, especially large notes such as the U.S. $100 bill, facilitates crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism....
Cash is also deeply implicated in tax evasion, which costs the federal government some $500 billion a year in revenue...
Cash also lies at the core of the illegal immigration problem in the U.S. If American employers couldn’t so easily pay illegal workers off the books in cash, the lure of jobs would abate, and the flow of illegal immigrants would shrink drastically.
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"They sell their debt, their privately made paper&ink, push the countries, the world into debt and what they want back are real, tangeble assets, and they won't stop till they own the whole thing. They don't want the debt paid off, just the interest, they want to keep this balanced till they have what they want, all of it." Central Banks
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