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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?

To: micny who wrote (2356)	2/19/1999 9:23:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 2882

What Will It Mean When 'The End of Money' Comes? WASHINGTON, Feb. 18 /PRNewswire/ via NewsEdge Corporation -- Imagine a world in which: you make all of your purchases without ever handling currency -- bills or coins -- or even writing checks; most money is issued privately and digitally rather than by governments; inflation is largely a relic of the past; you choose which transactions you wish to be on record and which you wish to be anonymous. This world is not science fiction, but the world that increasing numbers of people will come to enjoy over the next couple of decades, according to the new book, "The End of Money and the Struggle for Financial Privacy," by Discovery Institute Senior Fellow Dr. Richard W. Rahn. "Richard Rahn persuasively argues how the coming digital money revolution will make lower tax rates and radical tax simplification inevitable," said Jack Kemp, Co-Founder of Empower America, about Rahn's new book. Unfortunately, this new world of digital money is fiercely resisted by many government officials. Indeed, recent efforts at the state and federal level aim to intrude more into the banking records of ordinary citizens. "The full benefits of digital money will not be realized unless people are left free to move their financial assets around the globe in a private fashion, " explains Rahn, former chief economist for the United States Chamber of Commerce. "The End of Money" can be ordered direct from Discovery Institute Press by calling 800-685-0632 or online at Amazon.com. For more information and to order review copies or schedule interviews, contact Rob Crowther at 206-292-0401, ext. 107. Richard Rahn is a Senior Fellow of the Seattle-based Discovery Institute, and founder of the Novecon companies. He received his Ph.D. from Columbia University in 1972, and later served as head of the graduate Department of Management of the Polytechnic University of New York. During the 1980s, he was Vice President and Chief Economist of the US Chamber of Commerce, helping to shape important tax reforms of that decade. He served as an economic advisor to US and foreign government officials and coordinated several economic transition teams in Eastern Europe. Dr. Rahn is a frequent commentator on economic issues in the news media and has testified before the US Congress on tax and economic policy issues more than seventy-five times. Discovery Institute is a non-profit, non-partisan, public policy think tank headquartered in Seattle and dealing with national and international affairs. For more information, browse Discovery's website: discovery.org. SOURCE Discovery Institute /CONTACT: Rob Crowther of the Discovery Institute, 206-292-0401, ext.107/ /Web site: discovery.org [Copyright 1999, PR Newswire]