Western Banking Industry Shoots Self in Foot

Western Banking Industry Shoots Self in Foot

Regarding the placement of RFID chips in money, policymakers might think twice about it. Cash is used to assure anonymity by many. When the public loses their faith in the currency as an instrument for anonymous trade, they will find other mediums of exchange.

Being that the Dollar Traditionally has been a symbol of stability (lately undeservedly so), undermining its dependability as a medium of exchange will further weaken it, and our economy along with it.

Some Say there's no chip in the bills. I would venture that it would be a good idea to keep it that way.

-- Mark Frankenberg

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