{"id":180909,"date":"2016-11-28T19:36:00","date_gmt":"2016-11-29T00:36:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/11\/28\/quote-of-the-day-90\/"},"modified":"2016-11-28T19:36:00","modified_gmt":"2016-11-29T00:36:00","slug":"quote-of-the-day-90","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2016\/11\/28\/quote-of-the-day-90\/","title":{"rendered":"Quote of the Day"},"content":{"rendered":"<blockquote><p>The crime-fighting case against cash is overstated. Last year, a risk assessment of money laundering and terrorist financing conducted by the U.K. government found that regulated institutions such as banks (like HSBC) and accountancy service providers (like the Panamanian tax-shelter specialist Mossack Fonseca) posed the highest risk of facilitating the illicit storage or movement of funds. Cash came in a close third, but if we\u2019re going to cite unlawful transactions as a rationale for banning cash, it only makes sense to ban banks and accounting firms first.<\/p>\n<blockquote><p>\u2014<a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2016-10-14\/the-cashless-society-is-a-creepy-fantasy\">Elaine Ou<\/a><\/p><\/blockquote>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The crime-fighting case against cash is overstated. Last year, a risk assessment of money laundering and terrorist financing conducted by the U.K. government found that regulated institutions such as banks (like HSBC) and accountancy service providers (like the Panamanian tax-shelter specialist Mossack Fonseca) posed the highest risk of facilitating the illicit storage or movement of &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[761,777,784],"class_list":["post-180909","post","type-post","status-publish","format-standard","hentry","tag-corruption","tag-finance","tag-good-writing"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180909"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=180909"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/180909\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=180909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=180909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=180909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}