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Dave Ramsey on cashless society





Is radio host and financial adviser Dave Ramsey scared about a cashless society? In 2020, an article warned about the dangers of a cashless society. The article was attributed to Ramsey and went viral on the Internet.

When Ramsey speaks, millions of Americans listen. Ramsey’s radio program The Dave Ramsey Show airs on more than 600 stations and reaches about 13 million listeners every week. He has written many books and has a massive following on social media.

As a result, the message about the dangers of a cashless society circulated widely. Many people see Ramsey as living proof that anyone can improve their financial situation. People take his financial advice seriously. Although Ramsey was bankrupt earlier in his life, now he has a net worth of about $55 million. What’s Ramsey’s take on a cashless society?

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The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.










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