Quote:
Originally Posted by minesbroken
They can already freeze your assets with a key stroke. They can freeze your bank accounts, they can garnish your wages... they can already do whatever they want. The only difference would be, People not being able to do under the table deals anymore with cash.
the only people it would hurt are the people who break the law.
There isnt enough gold to support our economy.
The only way to put a leash on Greedy old money
and at the same time make sure everyone pay's taxes
is to do away with cash.
I would maintain that anyone who disagree's has something to lose.
meaning that you do some sort of under the table cash dealings
and that is why you wouldnt want that.
anytime the IRS wants to they can ask me for my cash
and give me a card that represents that cash,
and nothing would change for me.
I pay all my bills online and have automatic deposit anyway.
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i see your point, but you are talking about giving government yet more power over citizens' lives and that is not the function of government! as well, it would be a costly to implement / likely to be exploited system. cash is a PHYSICAL asset for citizens. i want fluidity with cash movement. put it all to paper and you will have so much fraud. look at the federal reserve now!
the reason people handle cash is because it gives them CONTROL over their money. i don't want an already ineffective government having more control over my money supply. i can guarantee you that i can handle my money better than the government can!
i submit that you would do more good by just cutting off illegal immigrant access to cash rather than punishing citizens by cutting off their own access to cash. this can be done more simply by law enforcement, billing other countries for illegal care, and stiff penalties to illegal employers and landlords.