Monday, April 30, 2012

Game On! - CFR representative wants to ban cash

Another episode of this blog's Game On! series. Today we see Council on Foreign Relations mouthpiece, and former Goldman Sachs analyst Erin Burnett bash cash: “We wonder, what if we got rid of cash? After all, cash is what keeps terrorists, drug dealers and gun dealers in business.” Gee and here I was thinking it was their customers and causes, silly me, you are right Erin all of them are just in it for American made cotton waste fiat trash, as even a terrorist knows that America makes the best fiat trash there is.

Hmm let me see, the world's largest drug dealer in history, the East India company shipped up to 1,400 tons of opium per year to China via Hong Kong in exchange for cash? US cash? you sure Erin it wasn't something else, anything else, not silk, not tea, not salt, surely not silver? Makes you wonder why they bothered if they couldn't get their hit of cash, I can't imagine why they were so stupid back then as to exchange one commodity for another and pocket the spread. Although Erin is no doubt right they surely couldn't have stayed in business for very long without cash.

Need I say more: