Mises Wire

Forcing Cajuns to Go Cashless--A Corrigendum

A couple of careful readers wrote to inform me that the Louisiana law banning secondhand dealers from engaging in cash transactions, which I implied in my post yesterday was passed recently, was actually passed in July, 2011.  The article that served as the basis for my post did not give the date the law was enacted.  Interestingly, James Corbett of The Corbett Report commented today on the sudden reappearance of this story recently on the web:

If this story seems familiar to you, then congratulations; you were probably paying attention when the bill was actually passed back in 2011. That’s right, in another example of that strange internet phenomenon by which a very old “news” story gets picked up as new news by one website and then copy-pasted around the internet, it looks like Louisiana’s anti-cash secondhand goods law just got recycled (appropriately enough) as a secondhand news story.  

And why not? The story itself may be old, but it is part of an unfolding agenda to create a cashless society, an agenda that continues to this very day.

Corbett goes on to give a very good summary  and critique of some of the more ominous developments in the ongoing campaign by governments the world over to criminalize cash and the prevarications they tell to sell this campaign to the public.

HTs to G. Joseph McLiney and Bill Jones

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