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    The End of Money

    Page 24
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      11 Ignacio Mas, personal interview.

      12 http://dailycaller.com/2010/04/10/kenya-owes-monetary-advances-to-imf-world-bank/; and http://allafrica.com/stories/201010240045.html.

      13 http://technology.cgap.org/technologyblog/wp-content/uploads/2009/10/fsd_june2009_caroline_pulver.pdf (p. 27).

      14 “South Korea Ready to Hang up Cash,” BBC News, February 13, 2009.

      15 “Mercy Corps Mobile Wallet Innovation Brings Purchasing Power to Haitians’ Cell Phones,” (Portland) Oregonian, December 27, 2010.

      16 “Sweden Weighs Benefits of Ditching Cash,” BBC News, July 17, 2010; also “Central Bank Wants Cashless Society,” nationmultimedia.com, October 27, 2009.

      17 Hitachi group, personal interview, June 2010.

      18 https://www.paypal-media.com/documentdisplay.cfm?DocumentID=2260.

      19 Peter E. Kunkel, “How Jesse James, the Telegraph, and the Federal Reserve Act of 1913 Can Help the Army Win the War on Terrorism: The Unrealized Strategic Effects of a Cashless Battlefield,” Military Review, November–December 2008, pp. 88–96.

      20 Glenn Guest, Steps Toward the Mark of the Beast (Belleville, Ontario: Essence Publishing, 2007), p. 82.

      21 “New Underground Economy,” Washington Times, December 9, 2009.

      22 http://www.federalreserve.gov/generalinfo/faq/faqcur.htm#13.

      23 NPR’s “Planet Money” podcast, posted July 12, 2011, http://www.npr.org/blogs/money/2011/07/12/137795648/the-tuesday-podcast-bitcoin?sc=tw&cc=share.

      24 http://www.npr.org/2011/01/04/132657646/Smart-Phone-Banking-On-The-Rise-But-Is-It-Safe.

      25 Farhad Manjoo on Marketplace (NPR), regarding Facebook and privacy: “They’re concerned with it. In surveys and other things people say they’re concerned about privacy online, but they’re not really doing anything about it. They’re not really acting out on those fears.”

      26 http://technology.cgap.org/technologyblog/wp-content/uploads/2009/10/fsd_june2009_caroline_pulver.pdf (p. 27).

      BIBLIOGRAPHY

      Albrecht, Katherine, and Liz McIntyre. Spychips: How Major Corporations and Government Plan to Track Your Every Purchase and Watch Your Every Move. New York: Plume, 2006.

      Ariely, Dan. Predictably Irrational: The Hidden Forces That Shape Our Decisions. New York: Harper Perennial, 2008.

      Bender, Klaus. Moneymakers: The Secret World of Banknote Printing. Hoboken, N.J.: Wiley-VCH, 2006.

      Birch, David. The Digital Money Reader 2010. Guildford, UK: Mastodon Press, 2010.

      Boyle, David, ed. The Money Changers: Currency Reform from Aristotle to E-Cash. London: Routledge, 2003.

      Collins, Daryl, Jonathan Morduch, Stuart Rutherford, and Orlanda Ruthven. Portfolios of the Poor: How the World’s Poor Live on $2 a Day. Princeton, N.J.: Princeton University Press, 2010.

      Cooley, John. Currency Wars: How Forged Money Is the New Weapon of Mass Destruction. New York: Skyhorse Publishing, 2008.

      Coyle, Diane. The Soulful Science: What Economists Really Do and Why It Matters. Princeton, N.J.: Princeton University Press, 2009.

      Dibbell, Julian. Play Money: Or, How I Quit My Day Job and Made Millions Trading Virtual Loot. New York: Basic Books, 2006.

      Eichengreen, Barry. Globalizing Capital: A History of the International Monetary System. Princeton, N.J.: Princeton University Press, 2008.

      Evans, David S., and Richard Schmalensee. Paying with Plastic: The Digital Revolution in Buying and Borrowing. Cambridge, Mass.: MIT Press, 1999.

      Ferguson, Niall. The Ascent of Money: A Financial History of the World. New York: Penguin, 2009.

      Friedman, Milton. Money Mischief: Episodes in Monetary History. New York: Mariner Books, 1994.

      Galbraith, John Kenneth. The Affluent Society. New York: Mariner Books, 1998.

      Goodwin, Jason. Greenback: The Almighty Dollar and the Invention of America. New York: Henry Holt, 2003.

      Greider, William. Secrets of the Temple: How the Federal Reserve Runs the Country. New York: Touchstone, 1987.

      Guest, Glen. Steps Toward the Mark of the Beast. Ontario: Essence Publishing, 2007.

      Hanke, Steve H., and Kurt Schuler. Currency Boards for Developing Countries: A Handbook. Richmond, Calif.: ICS Press, 1994.

      Herbert, Frank. The White Plague. New York: G.P. Putnam’s Sons, 1982.

      Hessler, Gene, and Carlson Chambliss. The Comprehensive Catalog of U.S. Paper Money, 7th ed. Port Clinton, Ohio: BNR Press, 2006.

      Jackson, Eric M. The PayPal Wars: Battles with eBay, the Media, the Mafia, and the Rest of Planet Earth. Los Angeles: World Ahead Publishing, 2004.

      Jackson, Kevin, ed. The Oxford Book of Money. New York: Oxford University Press, 1995.

      Karmin, Craig. Biography of the Dollar: How the Mighty Buck Conquered the World and Why It’s Under Siege. New York: Crown Business, 2008.

      Kersten, Jason. The Art of Making Money: The Story of a Master Counterfeiter. New York: Gotham, 2010.

      Kupetz, Allen H. The Future of Less. Austin, Tex.: Emerald Book Co., 2008.

      Levenson, Thomas. Newton and the Counterfeiter: The Unknown Detective Career of the World’s Greatest Scientist. New York: Mariner Books, 2010.

      Luce, Edward. In Spite of the Gods: The Rise of Modern India. New York: Anchor, 2008.

      Mann, Ronald J. Charging Ahead: The Growth and Regulation of Payment Card Markets Around the World. Cambridge, UK: Cambridge University Press, 2007.

      Manning, Robert D. Credit Card Nation: The Consequences of America’s Addiction to Credit. New York: Basic Books, 2000.

      Marsh, David. The Euro: The Politics of the New Global Currency. New Haven, Conn.: Yale University Press, 2009.

      Mihm, Stephen. A Nation of Counterfeiters: Capitalists, Con Men, and the Making of the United States. Cambridge, Mass.: Harvard University Press, 2009.

      Naim, Moses. Illicit: How Smugglers, Traffickers, and Copycats Are Hijacking the Global Economy . New York: Anchor, 2006.

      Sargent, Thomas J., and Francois R. Velde. The Big Problem of Small Change. Princeton, N.J.: Princeton University Press, 2002.

      Simmel, Georg. The Philosophy of Money. London: Routledge, 2004.

      Smith, David. Free Lunch: Easily Digestible Economics. London: Profile Books, 2009.

      Steil, Benn, and Manuel Hinds. Money, Markets, and Sovereignty. New Haven, Conn.: Yale University Press, 2010.

      Weatherford, Jack. The History of Money. New York: Three Rivers Press, 1998.

      Weschler, Lawrence. Boggs: A Comedy of Values. Chicago: University of Chicago Press, 2000.

      Zelizer, Viviana A. The Social Meaning of Money: Pin Money, Paychecks, Poor Relief, and Other Currencies. Princeton, N.J.: Princeton University Press, 1997.

      INDEX

      Acid rain

      Adams, John Quincy

      Adobe Photoshop

      Afghanistan

      Africa

      Airlines. See also Cash: cash transactions on planes

      Airtel and Aircel

      Amazon.com

      American Council of the Blind

      American Red Cross

      Anonymity

      Apps

      Argentina

      Ariely, Dan

      ATMs

      cash deposits into

      Australia

      Azerbaijan

      Bahrain

      Bancor currency

      Bangladesh

      Bank of England

      Bank Museum

      Bankruptcy

      Banks

      bailouts

      bank robberies

      central banks (see also individual central banks)

      confidence in

      cost of bank transactions

      failures

      Free Banking Era

      international banks

      investment bankers

      issuances of notes by

      mobile banking

      origin of modern banking

      participation in banking (see also Cellphones: used for money transactions)

      on strike in Ireland

      and toxic assets

      Barclays


      Barcodes

      Bartering. See Swapping

      BBC

      Bear Stearns

      Behavioral economics

      Belgium

      BEP. See United States: Bureau of Engraving and Printing

      BerkShare currency

      Bernanke, Ben

      Bhat currency

      BHP Billiton

      Biases

      Bible

      Bill and Melinda Gates Foundation

      Bill of Rights

      Bills of credit

      Biometric devices

      Birch, Dave

      Bitcoin

      Black market

      Blind/visually impaired Americans

      Bling. See also Jewelry

      Bloomberg News

      Boca Raton, Florida

      Boggs, J.S.G.

      Borges, Jorge Luis

      Brazil

      Bribery

      Brinks

      Britain

      De La Rue printing firm in

      Digital Money Forum in

      London transit system

      Royal Mint

      Serious Fraud Office

      See also Bank of England

      Brixton Pound currency

      Budapest

      Buffett, Warren

      Bulgaria

      Bush, George W.

      California

      Cambodia

      Canada

      Capitalism

      Carbon footprint

      Cash

      anonymity of

      carried by average American consumer

      cash deposits into ATMs

      cashless battlefield

      cashless societies

      cash transactions on planes

      and cheating

      costs concerning

      and crime (see also Counterfeiting; Robberies)

      and cultures

      doing without

      and emergencies

      emotional forces concerning (see also Biases)

      end of (see also Cash: war on cash: Mark of the Beast)

      and envelope method

      evolution of

      fungibility of

      inconvertibility of

      and poverty

      for small-value transactions

      as stealth tax

      and tax evasion

      transporting

      war on cash(see also Cash: end of)

      See also Coins: Paper money

      Casinos

      Catcher in the Rye

      Cellphones

      adoption rates

      bought by poor people (n)

      selling airtime minutes for

      used for money transactions

      See also Smartphones

      Centers for Disease Control

      Certificates of deposit

      Chaloner, William

      Chandan, Ravi

      Chant, John

      Chase, Salmon P.

      Cheating

      Checks

      abolished in UK

      check-cashing businesses

      Chen, Mei Ling

      China

      Bank of China

      Yuan Dynasty

      CIA (n)

      Citigroup

      Civil liberties

      Civil War (U.S.)

      Clay Mathematics Institute

      Cocaine

      Coins

      Coin and Currency Show (Clackamas, Oregon)

      coin collections

      coin press

      commemorative

      counterfeit

      custom minters

      exchanging for banknotes

      Hawaiian Dala

      invention of

      manufacturing costs

      melt value of

      minting

      $1 dollar presidential series

      out of circulation

      QQ coin

      silver $1 American Eagle

      state quarters

      See also Liberty Dollar; Pennies

      Coin Speaks, The (Kipling)

      Coinstar

      Collectibles

      Colombia

      Colonial-era America

      Commerce (Manhattan restaurant)

      Computer networks

      Computer security

      Confederated States of America

      Conspiracy theorists

      Constitution (U.S.)

      Continental Congress

      Copper

      Corruption

      Cotton

      Counterfeiters, The (film)

      Counterfeiting

      costs of

      estimated amounts of

      guilty pleas concerning

      on inkjet printers

      at state level

      turning in fakes

      See also Paper money: security measures for; Supernotes

      Crane Paper of Dalton, Massachusetts

      Credit. See also Loans

      Credit cards

      costs for merchants

      credit card companies

      credit card effect

      credit card readers

      and debt

      destroying

      paying monthly balance

      rewards cards

      risk/benefits concerning

      See also Plasectomy

      Crime. See also Counterfeiting; Robberies; under Cash

      Currencies

      alternative

      confidence in

      converting

      democratization of

      devalued

      energy as

      failed

      global

      manipulation of

      national/fiat

      online currency exchanges

      optimal currency areas

      regional

      revaluation of

      stability of

      virtual

      See also Liberty Dollar; Money; Paper money; individual currencies

      Currency News

      Czech Republic

      Dai Nippon printing firm

      Dan, Michael T.

      Da Vinci, Leonardo

      De Beers

      Debit cards

      Debt

      debt crises(see also Financial crisis of 2007–2008)

      Debtors Anonymous

      Deflation

      De La Rue printing firm (Britain)

      Denmark

      Denomination effect

      Deutsche Marks

      Developing countries

      Diamonds

      Digital money. See also Electronic money

      Digital Money Forum. See under Britain

      Dishonesty

      Disney Dollars

      Dobra currency

      Dollar currency

      adoption of

      confidence in

      in circulation

      deflating dollar

      Dollar ReDe$ign Project

      legacy features of

      redesigned

      value in circulation

      Dong currency

      Drugs

      Durasafe

      Dutch Antilles

      Dylan, Bob

      Earhart, Amelia

      East Timor

      Economist, The

      Economists

      Ecuador

      E-gold and E-dinar

      Eichengreen, Barry

      Eko India Financial Services

      Electronic money

      traceability of

      See also Digital money

      Elgar, Sir Edward

      El Salvador

      End of the world

      Energy. See under Currencies

      Enron

      Esperanto

      Esquire magazine

      Estonia

      Ethical issues

      EURion constellation

      Euro currency. See also Euro zone

      European Central Bank

      Europol Money Forgery Unit

      Euro zone. See also Euro currency

      Exchange rates

      Exchange systems

      Expense accounts

      Facebook

      Farmers

      FBI

      Federal deposit insurance


      Federal Reserve

      Federal Reserve Bank of Chicago

      Ferguson, Niall

      Financial crisis of 2007-2008 See also Debt: debt crises

      Finland

      Fisher, Irving

      Flu virus

      Foreign Affairs

      Fort Knox

      401K plans

      France

      Oberthur Fiduciaire printing firm in

      Franklin, Benjamin

      Franklin Mint

      Freud, Sigmund

      Friedman, Milton

      Friedman, Thomas

      Fungibility

      Fureai kippu currency

      Ganz, David

      Gates, Bill. See also Bill and Melinda Gates Foundation

      Gawker

      Geithner, Timothy

      Georgia Guidestones

      Germany

      Giesecke & Devrient printing firm in

      Gift cards

      Globalization. See also Currencies: global

      Gmail

      Gold

      amount mined

      amount owned by central banks

      gold/silver bugs

      goldsmiths

      gold standard

      price of

      problems with

      virtual

      GoldMoney

      Google

      Google Wallet

      Graft

      Granite deposits

      Grant, Ulysses

      Great Depression

      Greece

      Gregory, Bud

      Greider, William

      Gross national product

      Guest, Glenn

      Guilder currency

      Hackers

      Hahl, Robert

      Haiti

      Hawaii

      Hawaiian Dala. See under Coins

      Healthcare

      Helvitis Fökking Fökk!

      Hennessey, Rick

      Herbert, Frank

      History Channel

      Hitachi

      Hoarding. See under Money

      Holograms

      Holt, Anton and Gillian

      Honduras

      Hub Culture

      Huntin’ Plastic with Everett Sonstegaard (YouTube)

      Hussein, Saddam

      Iceland

      Central Bank of Iceland

      stock market in

      Idaho

      Identity theft

      IMF. See International Monetary Fund

      India

      cellphone adoption rates in

      consumerism in

      See also Sinha, Abhishek; State Bank of India

      Indonesia

      Inflation/hyperinflation

      Ingves, Stefan

      Interest rates

      International Monetary Fund

      Internet

      I.O.U.s

      Iran

      Iraq

      Ireland

      IRS. See also Taxation

      Islam

      Isleifsson, Olafur

      Italy

      Ithaca HOUR currency

     


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