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Powerful forces are threatening your financial freedom. All over the world, including in the United States of America, governments, certain academics, banks and non-governmental organizations (nonprofits) are working in a coordinated way to stop you from using cash.
They want you to have no option but to pay for everything you buy using electronic payment systems. They want you to be unable to go to a bank and withdraw your money in cash. They want you to be afraid to have more than a few dollars cash on your person, in your home, or in your car.
Laws have already been passed in Europe and the United States to restrict the use of cash for certain things. Banks are beginning to adopt policies against keeping cash in a safe deposit box, or paying bills with cash.
Legitimate businesses and their employees are being cut off from the banking system because their customers usually pay in cash, or because the businesses sell a legal product or service that the government does not approve of.
The IRS is seizing bank accounts of people and businesses who have done nothing wrong except make regular cash deposits of less than $10,000 to their bank account.
Law enforcement officers are seizing cash from anyone they think is carrying too much cash. If you have more than a couple of hundred bucks on you, you may be suspected of being a drug dealer or a terrorist. No drugs or bombs need be in your possession. The cash is the evidence.
In this book, The War on Cash, I have five goals:
This book is intended to be a wake-up call to anyone not familiar with the tactics being used by governments to restrict the public's use of cash and to abuse the laws for its own purposes.
In the book I write about laws being passed to restrict the use of cash. I introduce you to Ivy League academics who are influencing governments to abolish cash. I explain how a network of richly funded nonprofits are operating to discourage the use of cash. I explain civil asset forfeiture and Operation Choke Point and give many examples of how ordinary Americans are being victimized by the US government. I discuss inflation, how it is created, and how it affects your cash. I explain how the banks and the government are working together to put the squeeze on your use of cash. I think you'll find the chapters on the IRS and its battle against the underground economy enlightening, and I have some thoughts about hiding cash, transporting cash, and how you can fight back in the war on cash.
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