Physical cash has long been problematic for governments because it allows people to avoid the banking system, which in turn can lead to tax avoidance and bank runs. It’s much easier to control an economy when all money must remain in banks.
Recorded at the Mises Institute in Auburn, Alabama, on 24 July 2015.
Recorded at the Mises Institute in Auburn, Alabama, on 23 July 2015.
Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.
Recorded at the Mises Institute in Auburn, Alabama, on 21 July 2015.
