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Tuesday, April 03, 2012

Geithner Wants To Get Rid Of Physical Currency (Better Tracking)

Timothy Geithner, the Secretary of the Treasury, wants to get rid of paper money. He says it’s part of a cost-cutting measure.

Nonsense. It’s part of the government’s attempt to track our purchases. Its a plan to get rid of the underground economy, where people buy what they want, sell what they want, and leave no digital trail.

The government cannot control the cash markets. It wants to tax them. But paper money resists taxation.

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2 comments:

Anonymous said...

one world economy just ahead. this needs to be fought and resisted at all levels.

Anonymous said...

Gotta admit, this man has a record of mastering taxation even before he was appointed.