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De Omnibus Dubitandum - Lux Veritas

Tuesday, April 4, 2023

Will Economic Freedom End this July

By Mike Konrad April 1, 2023

The scene is as old as history.  An individual fleeing persecution wants to cross a border. His or her life depends on being able to bribe a border guard, with some fungible valuable item: whether gold, cash, silver, diamonds, etc. Life depends on it.  If the trade is prevented, then all hope is lost.  From the dawn of time, currency was the one thing that governments had difficulty tracking.  I am not considering checks, bills of credit, something written. Those are easy to trace. I am  talking about real currency. Currency in one’s hand, cash pressed in the flesh. Bribery was always the province of the dishonest, but it often became the last resort of the honest: a war refugee wanted to cross a border before an invading army swoops in, a Jew wanted to evade a Nazi patrol, an Irishman wanted to get out of Ireland one step ahead of the Crown’s authorities. Cash became the vehicle of freedom. So what happens when that option is removed… by digital currency? What happens when fungible cash is made null and void?..............To Read More....

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