Why is switching to a cashless economy bad for the Yankee public? For one thing, everything you buy is public information. That means you give your profile to free marketers to bombard you with new ads and come-ons. It also gives the political powers that be knowledge of your drug use, books you are reading and much more, which makes you more controllable. The credit card industry is free to penalize you, overcharge you and take your money, giving you no say in the matter. This is just one of the topics Michael and Ralph discuss.