Cash remains the only truly anonymous, fee-free way to exchange money between people, preserving full value without merchant fees of 1.5–3.5% that drain wealth to payment networks like Visa and Mastercard. A cashless society offers convenience and faster transactions but enables full transaction tracking, mass surveillance, and privacy erosion through consumer data collection. Central Bank […]
Tag: banking
Federal Reserve
The Federal Reserve, or “the Fed,” is the central bank of the United States. It was established in 1913 to provide a more stable and flexible monetary and financial system. The Fed is responsible for setting monetary policy to promote economic growth, stabilize prices, and maintain full employment. It uses tools such as open market […]
