Writes Jeff Deist on Mises.org: Governments, at least modern western governments, have always hated cash. Cash is private, and cash transactions are hard to tax. As Joe Salerno explains, the US fedgov’s relentless War on Cash has been ongoing. Now one of the primary weapons in that War, the misnamed Bank Secrecy Act of 1970, has targeted a prominent retired politician. When I worked for Ron Paul in the early 2000s, Illinois Congressman and Speaker of the House Denny Hastert was known as an amiable guy. He was not seen as a political hitman like Newt Gingrich, and thus House Republicans installed him … Continue reading Denny Hastert and the War on Cash