Mises Wire

Ryan McMaken

We often focus on the fact that abolishing cash abolishes the last remnants of financial privacy. But of course, abolishing cash also increases the Fed's ability to manipulate the economy with negative interest rates. 

Ryan McMaken

So what is actually behind the push to maintain SNAP in its current form? Mr. Vilsack reveals this—it is Big Food, as represented by the National Grocers Association and the Food Marketing Institute—along with all other secondary beneficiaries from the spending.