Harvard Professor Launches The War On Paper Money
by Tyler Durden
ZeroHedge.com
Aug 27, 2016
Six months since Larry Summers first suggested “it;’s time to kill the $100 bill,” and three months after The ECB actually killed the €500 Note, another Harvard ‘scholar’ is reinvigorating the war on cash. Amid claims that paper money fuels corruption, terrorism, tax evasion, and illegal immigration, Ken Rogoff (ironically of “It’s Different This Time” infamy) says the US should get rid of the $100 bill (and $50s and $20s) proposing, in his words, “a ‘less-cash’ society, not a cashless one, at least for the foreseeable future.”
The Rest…HERE
