After years of the federal government printing money round-the-clock - devaluing the dollars in your pocket in the process, aside from the relatively small amount needed for replacement levels - the printing presses finally slow down, the New York Times reports. Still, this clueless mag frames the story not as a due reduction in the hidden tax but as evidence that cash itself is in decline!

There are people who want to be able to track "you", and they would love to see cash disappear in favor of payments that are always recorded by a central authority. I do wonder, why is this happening? Has someone come to their senses and realized that inflation is a primary cause of the devaluation of American currency? I don't really think that credit card use alone is the cause, nor do I accept the NYT's conjecture.

[Image source: Liberty Works]