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Cashless Money [Paperback]

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Item Number 244017  
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Item description for Cashless Money by David Gorman...

Cashless Money describes the necessity of replacing paper cash with electronic funds transfers. The book discusses: why the $100 and $50 bills must be eliminated, how banks must reinvent the credit card, why banks must embrace the cashless revolution, and more! Eliminating paper currency will reduce corruption, crime, counterfeiting, drugs, human trafficking, illegal immigration, income taxes, and terrorism, to name a few. Read Cashless Money and discover why this revolution is necessary!

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Item Specifications...

Pages   72
Est. Packaging Dimensions:   Length: 7.8" Width: 4.8" Height: 0.4"
Weight:   0.1 lbs.
Binding  Softcover
Release Date   Oct 15, 2007
Publisher   Mill City Press, Inc.
ISBN  1934248185  
ISBN13  9781934248188  

Availability  0 units.

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Product Categories

1Books > Subjects > Business & Investing > Economics > Money & Monetary Policy
2Books > Subjects > Business & Investing > Personal Finance > General

Reviews - What do customers think about Cashless Money?

A silly and moronic idea...  Mar 19, 2008
David Gorman in his book, "Cashless Money" advocates for the end of cash as we know it. Why? Well, to put a stop to terrorism and drug dealers. I mean, certainly there will be neither of those if Mr. Gorman's proposals are implemented, right?

His initial proposal is to eliminate the $50 and $100 U.S. notes. The author claims, without documentation, that "law abiding citizens" do not use these bills and that only drug dealers and terrorists do. This claim is without merit. Sadly, it was, in part, the same silly argument that lead to the removal of the large denomination notes of $500, $1000, $5000 and $10,000 in 1969. (Back then, the argument was that the only people using those notes were members of "organized crime"). Yes, the other reason, and only slightly more valid, for the removal of the larger notes was their lack of use.

In any case, Mr. Gorman wants to see a society in which ALL transactions can be monitored by the government to keep us "safe". Is this what you really want? I don't. Give me cash any day - I'd prefer that ALL of my transactions be kept in the dark, away from the snooping eyes of the likes of Mr. Gorman and/or those in government.

This book is a ridiculous waste of time - I would only recommend purchasing this book at a yard sale, where you don't have to shell out $12.00 for a 75 page book. PHHHHHHHTTT!

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