MCViewPoint

Opinion from a Libertarian ViewPoint

Cash Out – Taki’s Magazine

Posted by M. C. on January 29, 2023

I went out in search of change. First I tried a newspaper kiosk and bought a newspaper, but the man in the kiosk didn’t have change either, so I had to pay for the newspaper with a credit card. Then I went to the baker: same result. There was nothing for it but to buy a book, which in any case is something that I am rarely reluctant to do. This time, I had a perfect excuse ready for my wife: I was trying to make change to pay the barber.

https://www.takimag.com/article/cash-out/

Theodore Dalrymple

My relatively scant hair having grown into a porcupine-type mess and having both a video podcast and a dinner party to attend on the same day, I went to my barber to smarten myself up a little.

His is still a cash-only business. No doubt such businesses will soon disappear altogether and a few years later young people will wonder what on earth cash ever was, it having long since gone the way of telegrams and postage stamps (and what counts as long since gets shorter and shorter).

I cannot say that I look forward greatly to the time when every purchase we make is traceable by them, which is to say the authorities, who will make use of the information in any way they please. Among other things, they will be able to compare our expenditure with our income, and since they think that all money really belongs to them, and any left to us is by their grace and favor, they will be able to tighten their control over us. In addition, they will be able to estimate our ideological position from the purchases we make and penalize us for them whenever they deem it necessary or convenient. Good records make for efficient persecution.

But, for the moment, my barber was cash-only; but all the cash I had was a 50 euro note. I was his first customer of the day and he had no change. He said I could pay him when I had the change later in the day.

I found this little act of trust very reassuring. In the cashless society, of course, such an act would be neither possible nor necessary, except when someone has left his telephone or credit card behind. (The same day, I received the following text message: “Mum, I’m out shopping and brought the wrong card with me. Can you please send me 240, I will pay you back when you get home. Account number…” Fraud will always find a way. Sent electronically a million times, I assume this message works on, say, ten occasions.)

I went out in search of change. First I tried a newspaper kiosk and bought a newspaper, but the man in the kiosk didn’t have change either, so I had to pay for the newspaper with a credit card. Then I went to the baker: same result. There was nothing for it but to buy a book, which in any case is something that I am rarely reluctant to do. This time, I had a perfect excuse ready for my wife: I was trying to make change to pay the barber.

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