... another Harvard "scholar" and Fed chairman wannabe, Larry Summers, has just released an oped in the left-leaning Amazon Washington Post, titled "It’s time to kill the $100 bill" in which he makes it clear that the pursuit of paper money is only just starting. Not surprisingly, just like in Europe, the argument is that killing the Benjamins would somehow eradicate crime, saying that "a moratorium on printing new high denomination notes would make the world a better place."
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The war on cash is BS. It will not stop crime. It will not even the playing field.
It will destroy small banks and help enslave We The People.
Consider how many things government once did that are being replaced with corporate controlled alternatives:
*issuing money - now done by the "Federal Reserve System", a privately owned corporation
*running a postal service - now done by various corporations via the Internet
*promoting the arts and sciences - now largely done by various corporations and oligarchs
*waging war - now done in great part by proxies and mercenaries
*operating courts and tribunals - now mostly replaced by plea bargaining and binding arbitration
Trust me when I say there is nothing the market state will do which will benefit We The People as much as what our nation state used to do.
And once cash has been completely eliminated, we all will be caught up in the system described by this Biblical scripture:
And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
Revelation 13:16-17 KJV