The Curse of Cash

by Brian Maher
Daily Reckoning

George Orwell didn’t have Ken Rogoff in mind when he said that some ideas are so absurd that only an intellectual could believe them. But he may as well have…

Rogoff — big brain, Harvard economist and card-toting member of the global monetary elite — has just released a brand-new book called The Curse of Cash. From which:

The massive quantities of cash circulating today… are a huge public policy problem that needs to be urgently discussed, not taken as an immutable fact of life.

Do you consider your cash a “huge public policy problem?”

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