Lamenting The Cashless Economy

This is one result of a cashless economy. With all easily tracked, banks like HSBC in the UK have begun to ask clients for an explanation for large withdrawals.

It's a mighty disturbing development and one that simply operates hand in hand with governments across the West eradicating voluntary transactions among free and enterprising people. Everywhere you look there's not many places where the government has intervened and made a fucking royal mess of.

When cash flowed freely, it's perhaps true taxes weren't collected, but holy moly it kept cash flow going in the economy. It's how immigrants saved up and bought properties for example.

Now the the government wants its cut. They don't give a shit about your well-being. They want their money. So they go in all crevices like waiters' tips to steal money from. The unintended consequences of such short-sighted actions is incalculable.

We don't have 'free-markets.' We have a 'mixed-market' where the mixing comes with a dash of cronyism.

Already banks here are extremely picky with how they deal with clients (less so with the 'right' client of course). I would not be surprised if this comes to North America soon enough.