That’s why the government would like nothing better than to eliminate cash. If all transactions are done digitally they can trace it and tax the hell out of it. Right down to sales tax at a garage sale.
Comming soon. Due to the extreme cost of paper money the Government will be going to the credit system. All electronic.
>>>Due to the extreme cost of paper money the Government will be going to the credit system. All electronic.<<<
Barter has never really disappeared - it’s the natural default human economic system. If it comes down to it, I’ll trade cabbages and tomatoes for someone to come over and dig a trench for the new septic system. I would imagine that somewhere along the line some form of informal money would also emerge - perhaps along the form of paper checks. Ensuring that both parties are satisfied, however, could be a real problem, since it’ll be operating outside the law. However, people could also self-construct parallel government systems, too - sort of like the mob, maybe, or maybe paying people to be a private police force or army. I would bet there would be rough frontier justice sometimes, too.
It’ll be like feudalism all over again.
God help us.