Thursday, May 14, 2015

Surely you jest.......................................

Here is an essay advocating doing away with cash and having all of our money reside in individual savings accounts electronically held in a government bank.   What could possibly go wrong?   A wee excerpt:

Apart from the control over the economy, there would be many other advantages of a cashless society. Such a system is much cheaper to run than one based on banknotes and coins. Forgery is impossible, as are robberies.

God save us.

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