Q&A: Cancellation of the 200-Shekel Bill
Originally published:
This is an English translation (via GPT-5.4). Read the original Hebrew version.
Cancellation of the 200-Shekel Bill
Question
Many claim that this move is intended to gradually eliminate cash and essentially cause all of us to use credit, and in that way limit our freedom.
A. Do you think that is the motive?
B. Seemingly, if the goal is to prevent tax evasion, then it is actually a good thing, no? (Even assuming that the goal really is to eliminate cash.)
Answer
I am not well versed in the details. There is no principled problem with eliminating cash, no more than there is with the requirement to report expenses and income.