The War on Cash

by | Sep 1, 2015

Governments across the globe seek ways to more effectively consolidate their power over those they govern. One of the most effective and insidious ways of gaining control of citizens and their habits is to forbid the use of cash in commercial transactions. Forcing all transactions to be electronic allows the government to know everything you purchase — and how much of it. It allows the government to better manipulate your spending habits through negative interest rates. It is also a war on the poor and those with fixed incomes. The war on cash is a war on liberty. Today’s Ron Paul Liberty Report is joined by Mises Institute Academic Vice President Joseph Salerno, a well-known expert on the implications of the war on cash:

Author

  • Daniel McAdams

    Executive Director of the Ron Paul Institute for Peace and Prosperity and co-Producer/co-Host, Ron Paul Liberty Report. Daniel served as the foreign affairs, civil liberties, and defense/intel policy advisor to U.S. Congressman Ron Paul, MD (R-Texas) from 2001 until Dr. Paul’s retirement at the end of 2012. From 1993-1999 he worked as a journalist based in Budapest, Hungary, and traveled through the former communist bloc as a human rights monitor and election observer.

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