Criminalizing Cash Money sometimes goes ‘full politics’. Take poor Kenneth Rogoff at Harvard. He wants a dollar with a voter registration card, a U. S. flag on its windshield, and a handgun in its belt – the kind of money that supports the Establishment and votes for Hillary.
***
Writing last month in the Wall Street Journal under the headline ‘The Sinister Side of Cash’, he noted that:
‘Paper currency, especially large notes such as the U. S. $100 bill, facilitate crime: racketeering, extortion, money laundering, drug and human trafficking, the corruption of public officials, not to mention terrorism.’
Of course, large notes do make it easier for criminals to operate. Like cellphones. And sunglasses. And automobiles with air-conditioning. But that’s what money is supposed to do: make it easier for an economy to function. You use it as you please.
This post was published at Acting-Man on September 15, 2016.
Recent Comments