Media Bashes Cash, Deems Cashless Society 'Conspiracy Theory'

Media Bashes Cash, Deems Cashless Society 'Conspiracy Theory'
AP Photo/Charles Krupa, File

Before there was a coin shortage, cash was under attack in the media, and ridiculously hailed as a COVID-19 hazard. Now, it seems that news outlets have pivoted to making sure the public thinks of a looming cashless society as a “conspiracy theory.” At the height of anxiety over the coronavirus, CNN berated the American people for using cash. “Do NOT take a bunch of cash out of the bank,” rang one headline; “Dirty money: The case against using cash during the coronavirus outbreak,” read another. CBS News similarly ran an anti-cash story at the time, as did other mainstream networks.

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