Via TheDailyBell.com
Want a Free Market? Abolish Cash … If you believe that government meddling in financial markets was responsible for the last recession and the lackluster recovery, you might be right. But probably not in the way you think. – Bloomberg
Some Bloomberg editorials are stranger than others. This one is especially strange because it argues that banning cash will create a stronger, freer market.
How does a government ban on certain items make anything freer? We don’t understand.
Here’s Bloomberg’s logic: