The Curse of Cash

The Curse of Cash

Book - 2017
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The world is drowning in cash--and it's making us poorer and less safe. In The Curse of Cash, Kenneth Rogoff, one of the world's leading economists, makes a persuasive and fascinating case for an idea that until recently would have seemed outlandish: getting rid of most paper
Publisher: Princeton :, Princeton University Press,, [2017]
Edition: Second printing, and first paperback, with a new afterword by the author, 2017
Copyright Date: ©2016
ISBN: 9780691178363
Characteristics: x, 303 pages : illustrations ; 21 cm


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Jul 18, 2016

He's baaaaacccck!
Old Kenny Rogoff, that fun dude who has difficulties with Excel spreadsheets and the truth [he and Carmen claimed austerity was the best policy 'cause they screwed up their simple spreadsheets so terribly, then when their errors were pointed out, they claimed they made no difference - - as if!!!!].
Rogoff completely supports the banksters - - so why would they want a cashless world?
Could it have something to do with block chain technology***? A centralized money transactions file which guess-who would control? [And every single transaction could then have a fee exacted from the individual going to the bankster?]
Massive refugee flows to drive wages downwards, and housing prices upwards, coupled with moving towards all cash transactions online - - they never fail to dream up ways to bleed us economically and financially!
[***A major person working on that technology was the very same one who gifted us with that wonderful Econ. WMD, the Credit Default Swap, Blythe Masters!]
Imagine, having the audacity - - or stupidity - - in writing positively about central bankers and the power to impel negative interest rates!


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