The War on Cash Explained

The phrase "the war on cash" refers to the deliberate efforts by governments and central banks to reduce and/or eliminate the frequency and size of cash transactions within the economy.

Since the 2008 crisis, these efforts have accelerated worldwide.

Will the U.S. eventually outlaw cash?  WindRock interviews Dr. Joseph Salerno, Professor of Economics at Pace University, author, and a leading expert on this topic.

Dr. Salerno discusses:

  • Why governments and central banks truly desire to eliminate cash transactions;
  • How cash transactions are being systematically outlawed or made impossibly inconvenient throughout the world; and
  • What event will eventually eliminate cash transactions in the U.S.
May 2017.