{"id":17330,"date":"2016-02-03T11:22:15","date_gmt":"2016-02-03T16:22:15","guid":{"rendered":"http:\/\/olduvai.ca\/?p=17330"},"modified":"2016-02-03T11:22:32","modified_gmt":"2016-02-03T16:22:32","slug":"softening-up-the-rubes-the-war-on-cash-continues","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=17330","title":{"rendered":"Softening up the Rubes \u2013 the War on Cash Continues"},"content":{"rendered":"
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Softening up the Rubes \u2013 the War on Cash Continues\u00a0<\/a><\/h3>\n<\/div>\n
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More Anti-Cash Propaganda by Bloomberg<\/strong><\/p>\n

Former NYC mayor Bloomberg is probably one of the worst nannycrats who ever strode upon the US political scene. No-one has done more to take the fun out of New York than this man (we have chronicled the efforts of people of his ilk in \u201cAmerica\u2019s Killjoys<\/a>\u201d). It always amazes us to no end when successful businessmen \u2013 once they have made enough money to last them a thousand lifetimes \u2013 suddenly discover their penchant for socialism and State control of every nook and cranny of people\u2019s lives.<\/p>\n

\"angryEx-NYC mayor Michael Bloomberg, owner of the famous financial data service and professional nannycrat.<\/p>\n

Photo via\u00a0politistick.com<\/cite><\/p>\n

If not for the huge amount of capital our forebears wisely accumulated while the market economy was still relatively unhampered, Bloomberg wouldn\u2019t have been able to amass his fortune \u2013 and yet, we strongly suspect that he has never really been a big fan of free market capitalism. His willingness to join the political class is by itself a major \u201ccrony indicator\u201d. There is after all a big difference between wishing to serve consumers and wishing to rule over them.<\/p>\n

The financial services offered by his company are nevertheless quite valuable \u2013 an unrivaled wealth of data is available via Bloomberg terminals and the financial commentary on the Bloomberg web site is often quite informative as well \u2013 as long as it is confined to the neutral reporting of facts that is. It is quite different with the magazine\u2019s editorial line, which is steeped in the statism of the service\u2019s founder.<\/p>\n

For instance, central banking and central planning of the economy in general remain routinely unquestioned; Keynesian shibboleths are woven into the narratives as if they represented incontestable truth. It is therefore not a big surprise that the magazine is also editorializing in favor of banning cash.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Softening up the Rubes \u2013 the War on Cash Continues\u00a0 More Anti-Cash Propaganda by Bloomberg Former NYC mayor Bloomberg is probably one of the worst nannycrats who ever strode upon the US political scene. No-one has done more to take the fun out of New York than this man (we have chronicled the efforts of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5728,12185,83,1035,1034,6170,4927],"class_list":["post-17330","post","type-post","status-publish","format-standard","hentry","category-economics","tag-acting-man","tag-anti-cash-propaganda","tag-bloomberg","tag-cash","tag-cashless-society","tag-pater-tenebrarum","tag-war-on-cash"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17330"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17330\/revisions"}],"predecessor-version":[{"id":17332,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/17330\/revisions\/17332"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}