Econimist Ken Rogoff: It’s Time to Reduce Physical Cash

Harvard professor and renowned economist Ken Rogoff has said that to tackle tax evasion and illicit activities the amount of physical cash around the world needs to be reduced. Speaking to CNBC, Rogoff said that cash provided the ideal avenue for tax evasion. He said: The evidence, I think, is overwhelming that that is a […]

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DEA regularly mines Americans’ travel records to seize millions in cash. DEA has a network of airport ticket agents, bag handlers, others who feed it info on travelers so it can seize cash. It has been carried out largely without the airlines’ knowledge.

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