Are we moving toward a cashless society?

From Caroline Botsford:

Hello, Mark, yes, they are closing the banks. Our financial system is being reorganized, wouldn’t you agree? Aren’t central bankers simply wringing in all the money to retool our banking system into a cashless society? There was something on the news earlier this week on WorldForum, a news program on PBS, where the President of Estonia was promoting Estonia’s new social experiment: a cashless society. See if you can find it on the PBS website. It is clear to me that the world governments are preparing to move in this direction. They’re already fine tuning it before they introduce it worldwide. Watching the market these days, I am “comforted” so long as Congress keeps dishing out the $billions because I see it as “buying” time, delaying the
inevitable march toward the new world economy. It is when they “stop” dealing out the $billions that I begin to worry!

Best,
CB

Originally posted:
Are we moving toward a cashless society?

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