>"But it's ok to destroy the ability of normal people to save or conduct business. "Conduct business" doesn't mean large corporations selling debt on capital m

>"But it's ok to destroy the ability of normal people to save or conduct business. "Conduct business" doesn't mean large corporations selling debt on capital markets. There are day-to-day financial transactions, by those of us who aren't, you know, large corporations. Forcing everyone to go to electronic money is a kind of radical step. If you read the article, you'll notice that one of the implementations recommended by the economists quoted is to require all transactions to be conducted in a reserve currency. The entire thing is about giving central banks more power, according to Citigroup. Citigroup is also quoted as saying that they like that idea, very much. These sorts of actions are not the way to instill trust in government. The article says as much, in acknowledging that anyone who already has a lot of trust in government won't mind giving it more, by removing any further anonymity in financial transactions. The post by so-called economist Frances Coppola in Forbes claims that consumers have an irrational fear of a cash-less society. I think she is too glib, and so is Citigroup. Requiring all transactions to be electronic, or in a reserve currency, or using tax stamped bills will result in a black market or underground barter economy. That's just how people are.