A great four-minute video by Brett Scott in defence of physical cash.
His book ‘Cloud Money’ was a big surprise for me - he advocated for the defence of cash and made me realize that ‘cashless’ payment systems are a societal capture play.
His book also made me aware of the tension between central banks and private banks. Central banks by their very nature are placed in a conflict of interest. Savvy private banks know this, they know their position of privilege in the system; they can run rampant on moral hazard, knowing full well that the central bank has to pick up the pieces to maintain the trust of the overall system.