Mark Nestmann: The War On Cash, Past And Future
Keynes, FDR, Nixon ... they all hated cash
The Nestmann Group just posted a useful primer on the historical roots and likely future of the war on cash. Governments have been at this for a long, long time. Next up: CBDCs.
The War On Cash Escalates
Economists and governments have long had a very low opinion of the cash you carry in your wallet or stash in a safe place for a rainy day.
Economists ha…