Dictatorial Directive #2
Cash, like free speech and guns, can not be banned
Hey, Cash, Free Speech and Guns! has a nice ring to it. I might use that for my campaign slogan. Oh, you didn’t know I was running for dictator in ‘24? Come on, give it a little consideration; how else are we going to get out of this mess?
Anyway, in part 2 of my interview with James Corbett, we discuss CBDC (Central Bank Digital Currency) and the waning use of cash. One proposal we discussed was to require acceptance of cash for purchases. I like the idea that if you are buying something denominated in dollars, the merchant must accept cash, as it states on the bill.
Corbett hinted that he liked the idea too and that some communities were attempting to do this. Unsurprisingly, he preferred a more libertarian approach where you didn’t force shop owners to accept cash, but rather affected a change in thinking. I’ve been down this road with my ancap buddies (anarcho-capitalist, abolish the government, absolute liberty true believers) and they seemed lukewarm to the idea of forcing anything on anybody. Corbett brought out the old, if we use force for good they’ll be sure to use it for evil when they’re in power line, which I get, but hey James, extreme measures for extreme circumstances. We are nearing the point where cash is going to be abolished for good, whether a few communities in Idaho and New Hampshire require acceptance of cash or not. In some instances, we might have to wield the power of the state itself, rather than wait for everyone to be schooled in and convinced of the philosophies of Adam Smith, Ayn Rand, and Murray Rothbard.
Anyway, here’s part 2 of my interview with the Corbster:
running time: 26 minutes
DW Shumway is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.