Ken Rogoff concludes that after cash has been stripped out of society, negative interest rates can give every saver a proper 'haircut' by charging him to keep money in the bank. But, you can't take it out when cash is gone. Technocrats will rejoice if people walk into this quicksand.
Harvard Professor Kenneth Rogoff Drives Technocrat Plan To Kill Cash
![Federal Reserve](https://www.technocracy.news/wp-content/uploads/2017/08/federal-reserve-777x437.jpg)