US Should “Get Rid of Currency” Says Nobel Prize Winning Economist

Wednesday, January 25, 2017
By Paul Martin

SilverDoctors.com
January 25, 2017

Nobel Laureate economist Joseph Stiglitz made remarks earlier this week that the US should “get rid of currency.”
He means paper currency, as in the US should not only get rid of $100 bills… but ALL paper currency– 50s, 20s, 10s, 5s, and even 1s.
You guessed it. Stiglitz suggests that regular people don’t need paper money, and that it’s only useful for drug dealers, terrorists, tax evaders, and money launders.

From Simon Black:

In the mid-1800s at a time when the United Kingdom was still the dominant superpower in the world, an English scientist named Francis Galton wrote a series of papers arguing for the selective breeding of human beings.

Galton’s ideas became known as eugenics.

The concept was that genius and talent were hereditary traits passed from generation to generation, and that, to ensure the growth of our species, the best and brightest should be bred like cattle.

Scientists soon began taking measurements of nose angles and forehead slopes in order to establish a correlation between a physical features and talent.

The scientific community concluded that a person with certain physical features was predisposed for great success and achievement.

But it worked both ways.

If your forehead was too wide, or your nose to jaw ratio too slight, you were viewed as morally and intellectually inferior.

Given that many races share similar physical features, this phony science became the moral justification for segregation, slavery, and even genocide.

Today our species is clearly more enlightened, and we can stand amazed that such ridiculous ideas used to be taken seriously.

There will come a time, however, when our descendents say the same thing about us.

Case in point: half a world away at the World Economic Forum in Davos, Switzerland, Nobel Laureate economist Joseph Stiglitz made remarks earlier this week that the US should “get rid of currency.”

The Rest…HERE

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