Among other things, we presuppose debt to be a curse. Debt is bondage. Debt is servitude, and we avoid it like the plague.
“A small hut of one’ s own is better,
A man is his master at home:
A couple of goats and a corded roof
Still are better than begging.” ~The Hávamál
Children, on the other hand, are a blessing. I need all the blessings I can get.
Notice the inversion?
And for my Bible belivin’ kinfolk who would enthusiastically embrace a cashless society, by way of remembrance I say unto thee:
“And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.” ~Rev. 13:16-17
Aleksandr Volchek, a Siberian doctor and avowed microchipping enthusiast, has implanted six chips in himself that help him easily pay for things, while also unlocking doors at his home and office with a “wave of his hand,” according to Russia Today.
Now to THE LINK:
Several useful nuggets in this one. Mine them as you are able.
Notably, Germans are the most resistant to going cashless. Almost 80% of transactions in Germany are done in cash, and many Germans never use credit cards.
The German experience with hyperinflation after WWI and additional monetary chaos after WWII certainly plays a part in this resistance to the cashless society.
Incidentally, the German word for debt, schuld, also means guilt.
Source: Jim Rickards Blog