I don't think it stands a chance. The public won't sit still for it. Want to get out of office in a hurry, just for it.
I think that the government will ram down our throats. We already have it anyway. I almost never use cash. I do just about every purchase with a credit card. My wife and I use gift cards at the gas station because of hacking problems with credit cards at the gas pumps. The crooks have software they can install in them that transmits credit card numbers to them. The hard core Democrat supporters will love the idea. Their leaders are desperate for more tax revenues, and they will be enthusiastic about it. Of course the additional tax revenues will hardly make a dent in the trillions Biden and the Democrats in Congress want to spend. In the very unlikely event that it did, Biden and company would want to spend more.
Of course they always do. But the reaction from the public will not be pleasant for it. Those who vote for it will see their political careers damaged. That didn't make difference when they rammed the Obamacare law down our throats so it may not make any difference here either. The voting public is weak.
We actually already have it. Credit cards, ATM cards, EBT cards, Apple pay, Google pay, Venmo and it brothers. Brokerage statements, personal checks, your Bank bill pay. The only non digital money is cash. Let us call it what it: the government wants to know our every purchase. Not just where and when, but what. And the digital overlords will even be selling the data of the derelict who lives behind the carwash.
That's why we'll use our own currencies, including gold and silver. Black markets form out of prohibition.
Gold was fine when it was used as money. Now we have economic alchemists who would have you believe that they can create wealth by putting numbers on paper.
You can call them whatever name you want but we're better off now than we were a hundred or 150 years ago. Back with the gold standard life was brutal.
I suppose that the lives of some people are so routine and boring that it's easy for them to be obedient, and they can't understand why everyone doesn't also submit completely to the will of the ruling class.
And you blame gold-as-money for that, how odd. This is why I call statism a religion. Who needs reason when you have people to tell you what to believe and who can command you to obey without question?
Lets try again: If you want to gas up your car, would you just offer gold as payment, and expect the gas station to accept it?
Interesting, I don't remember blaming anyone for anything. When and where did you get the impression that I did that? This is becoming a conversation where I'm not familiar with the background reasoning. How about we just discuss fiscal policy, a discussion of statism and religion in this context is not something that in which I'd care to be bogged down.
