The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash | WHAT REALLY HAPPENED

The Secret Fed Paper That Advocated a "Carry Tax" on All Physical Cash

Many commentators have noted that mainstream economists are calling to do away with cash entirely.

It would be easy to scoff at these proposals as completely insane if the Fed hadn’t published a paper back in 1999 suggesting the implementation of a “carry tax” or taxing actual physical cash using an expiration date if depositors aren’t willing to spend the money.

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