
“Despite the India chaos, Summers thinks we should still curtail the $100 bill. The conclave of the high priests of monetary policy almost invariably sings the same chorus: only criminals and terrorists use high denominations of cash. My team and I did some of research on this and found some rather interesting data. It turns out that countries with higher denominations of cash actually have much lower crime rates, including rates of organized crime.”
https://www.sovereignman.com/trends/an-interesting-perspective-on-the-war-on-cash-20526/
Related posts:
‘Stripe’ Lead Engineer: Bitcoin is a Long-Term Investment
House votes to uphold increased spending on ‘unneeded and unwanted’ nuclear bombs
Flying and Driving with Weed: The 2013 Holidays
Runaway goat leads New Jersey police on 90-minute highway chase
Three Strikes and You're Out: After 20 Years, Is the Law Working?
Washington state prepares to take on TSA
New Domestic Terrorism Bill Targets Patriot Groups and Citizen Militias
Is Bitcoin Hype Making the Value Skyrocket, or the Other Way Around?
How the Patriot Act debate became about library records instead of phone records
U.S. Ready to Offer Mercenaries $10 Billion for a Drug-War Air Force
Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting
Totally Disinterested Drug Warriors Demand That Holder Stop Marijuana Legalization Before It's Too L...
"Planet Ponzi" by Mitch Feierstein
Iowa law enforcement agent fired after reporting Republican governor’s car for speeding
Atlanta: Anti-Police Rebellion, Rocks And Bricks Thrown At Police Cars