Home » Posts tagged 'cash' (Page 14)
Tag Archives: cash
Germany Replacing Bank Cards and Eliminating Cash Withdrawals
Germany Replacing Bank Cards and Eliminating Cash Withdrawals The game is afoot to eliminate CASH. According to reliable sources, Maestro is seriously under attack. In Germany, Maestro was a multi-national debit card service owned by MasterCard and founded in 1992. Maestro cards obtained from associate banks and can be linked to the cardholder’s current account, or they can be used as prepaid cards. Already we […]
Greece crisis: Banks reopen as government eyes return to normalcy
Greece crisis: Banks reopen as government eyes return to normalcy Stock market remains closed Greek banks opened their doors Monday for the first time in over three weeks, a move that the government hopes will help the economy get back to normal following a period dominated by fears over the country’s future in the euro. […]
When Money Dies
When Money Dies “When Money Dies” is the title of a 1975 book by Adam Fergusson, in which he describes the downfall of the Reichsmark in Weimar Germany. A fascinating look at that period of history, one can glean quite a few useful pieces of advice on how to survive a currency crisis. But “when […]
Cashtration
Cashtration Recently, we’ve witnessed the bank holiday in Greece, the limitation as to how much the Greek people can withdraw from their accounts each day. Not surprisingly, the mainstream press have focused on images such as the one above – a queue at an ATM – and discussed the difficulty of the Greek people in trying […]
The German Siege Of Greece Begins (No, This Is Not A Repeat From 1941)
The German Siege Of Greece Begins (No, This Is Not A Repeat From 1941) Did you notice that Greece’s creditors are not rushing to offer the Greeks a new deal in the wake of the stunning referendum result on Sunday? In fact, it is being reported that the initial reaction to the “no” vote from top European […]
In A World Of Artificial Liquidity – Cash Is King
In A World Of Artificial Liquidity – Cash Is King And you’d better have some stashed out of the system Global central banks are afraid. Before Greece tried to stand up to the Troika, they were merely worried. Now it’s clear that no matter what they tell themselves and the world about the necessity or […]
Why The Puerto Rico Debt Crisis Is Such A Huge Threat To The U.S. Financial System
Why The Puerto Rico Debt Crisis Is Such A Huge Threat To The U.S. Financial System The debt crisis in Puerto Rico could potentially cost financial institutions in the United States tens of billions of dollars in losses. This week, Puerto Rico Governor Alejandro Garcia Padilla publicly announced that Puerto Rico’s 73 billion dollar debt […]
Why Banks & Governments Hate Cash: Bank Runs
Why Banks & Governments Hate Cash: Bank Runs The photos from Greece showing long lines at ATMs are astonishing. Even after the deposit outflows from Greek banks over the past weeks, there are still large numbers of people who are trying to get their money out of the banking system. With the banks closed, ATMs […]
When Bonds Go Kaboom!
When Bonds Go Kaboom! We’re not the only ones giving Neanderthal advice about holding on to physical cash. British newspaper the Telegraph reports: The manager of one of Britain’s biggest bond funds has urged investors to keep cash under the mattress. Ian Spreadbury, who invests more than £4bn of investors’ money across a handful of bond funds for […]
Gold, the War on Cash and Greece – a Podcast with Claudio Grass
Gold, the War on Cash and Greece – a Podcast with Claudio Grass Claudio Shares his Ideas We were quite busy lately and are therefore actually a bit late in posting this podcast, in which our good friend Claudio Grass of Global Gold is interviewed by The Daily Coin on the recent hot topics of Greece, the […]
The Logic of Interventionism, or How to Wake up in a Prison
The Logic of Interventionism, or How to Wake up in a Prison Archaic Financial Freedom The mainstream press is still full of articles about the alleged evils of cash, which we regard as a typical “trial balloon” launched by the powers-that-be. The way this works is that they get a repressive measure they indent to […]
We Might As Well Face It – America Is Addicted To Debt
We Might As Well Face It – America Is Addicted To Debt Corporations, individuals and the federal government continue to rack up debt at a rate that is far faster than the overall rate of economic growth. We are literally drowning in red ink from sea to shining sea, and yet we just can’t help […]
The War On Cash: Officially Sanctioned Theft
The War On Cash: Officially Sanctioned Theft How banks & the government are diminishing your savings You’ve probably read that there is a “war on cash” being waged on various fronts around the world. What exactly does a “war on cash” mean? It means governments are limiting the use of cash and a variety of […]
A PhD in Monetary Catastrophe
A PhD in Monetary Catastrophe Editor’s Note: As you know, Bill believes the U.S. is about to experience a violent monetary shock. So today, we’re sharing with you a classic from the archives. It’s Bill’s firsthand account of Argentina’s monetary crisis. But as an American, you may eventually experience a very similar situation … Cash […]
