Dave Ramsey. Ever heard of him? Big name when it comes to managing finances. Huge radio presence. Ramsey’s worth $55 million. He’s a Trump supporter — though not a blind follower. He once dubbed the so-called Trump Accounts a “political stunt.”

I’m lukewarm on Ramsey, at best. But I appreciate that he tells people NOT to use credit cards and that he staunchly defends cash.

And for sure, this is a good time for the defenders of cash to speak up. The use of cash has dropped to 14% of all transactions — something big banks, big tech, and many bought-off politicians in Washington, D.C., have been pushing and are drooling to further capitalize on.

If you’re a fan of giving the mega rich more wealth and power, you’ll love a cashless society, which, as Ramsey points out, would be “fully digital, fully traceable, fully controlled.”

A cashless society would also put more money into the hands of those who already have too much. Continue Reading →