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The European “Template” For Dealing With Crises: Freezing Accounts, Bank Holidays, and Capital Controls…
The European “Template” For Dealing With Crises: Freezing Accounts, Bank Holidays, and Capital Controls… More and more analysts are beginning to take note of the “War on Cash.” However, they’re missing the fact that the actual template for what’s coming to the US first appeared in Europe back in 2012. Back in March of 2012, […]
Weekend Edition: Literally, Your ATM Won’t Work…
Weekend Edition: Literally, Your ATM Won’t Work… Editor’s Note: Today, we’re running an urgent warning from Bill. It’s about theviolent monetary shock he sees coming. This may sound strange… But the catastrophic scenario Bill outlines below is potentially a much bigger threat than even the out-of-control national debt. Please remember this warning when you go to the ATM […]
The “Better Than Cash Alliance” Has an Orwellian Plan
The “Better Than Cash Alliance” Has an Orwellian Plan In the fall of 1910, under the pretense of a duck hunting trip, a group of powerful bankers, political figures, and businessmen met secretly at Jekyll Island, Georgia, to plan the creation of a central bank for the United States. The “game” that this elite group […]
Martin Armstrong Reports on a Secret Meeting in London to Ban Cash
Martin Armstrong Reports on a Secret Meeting in London to Ban Cash At this point, anyone paying even the slightest bit of attention to the central planning economic totalitarians running the fraudulent global financial system is aware of the blatant push in the media to acclimate the masses to accepting a “cashless society.” In the mind […]
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire
“Cash Is Coined Freedom”: War on Cash Becomes Official in Germany, Reaches G-7, Draws Withering Fire It came from a voice that has, by law, the ear of the German government. Peter Bofinger is a member of the German Council of Economic Experts – the “Five Sages on the Economy” – which in its official […]
Money is Coined Liberty – The Latest Salvos in the War on Cash
Money is Coined Liberty – The Latest Salvos in the War on Cash Another Keynesian Voodoo Economist Wants to See Cash Abolished We have a few more bad news and for a change also some good news with respect to the ongoing attempt to prepare the ground for a ban of cash currency. By now […]
Abolishing Cash – New Age of Economic Totalitarianism
Abolishing Cash – New Age of Economic Totalitarianism Europe is moving full speed ahead to eliminate all cash. Instead of reforming and tackling the economic problems, government always seeks to maintain the same course of thinking that now leads us to the totalitarian approach coming from Brussels. To maintain the euro, they must maintain the […]
Leading German Keynesian Economist Calls For Cash Ban
Leading German Keynesian Economist Calls For Cash Ban It’s official: the world has gone central-planner crazy. Monetary policy, whether in the form of “conventional” methods such as the micromanagement of policy rates or so-called “unconventional” measures such as QE, has proven utterly ineffective when it comes to both “smoothing out” the business cycle and reigniting […]
The War on Cash Destroys a Small Entrepreneur
The War on Cash Destroys a Small Entrepreneur Lyndon McClellan is a small entrepreneurwho owns and operates L & M Convenience Mart in Fairmont, North Carolina. L & M comprises a gas station, convenience store, and a small restaurant serving hot dogs, hamburgers, and catfish sandwiches. One day last July, more than a dozen federal, […]
Canadians pay cash less than half the time, Bank of Canada calculates
Canadians pay cash less than half the time, Bank of Canada calculates Credit cards get big boost as Canadians shun the ATM Cash is no longer king for Canadians when it comes to paying for retail transactions. A study released today by the Bank of Canada shows that less than half of our purchases are […]
The trouble with cash
The trouble with cash When interest rates are zero and it costs a bank to look after your money it becomes an unattractive asset. Banks in some jurisdictions (such as Switzerland, Denmark and Sweden) are even charging customers interest on cash and deposits. And if you go to your bank and withdraw large amounts in […]
Why Are Exchange-Traded Funds Preparing For A ‘Liquidity Crisis’ And A ‘Market Meltdown’?
Why Are Exchange-Traded Funds Preparing For A ‘Liquidity Crisis’ And A ‘Market Meltdown’? Some really weird things are happening in the financial world right now. If you go back to 2008, there was lots of turmoil bubbling just underneath the surface during the months leading up to the great stock market crash in the second […]
Energy prices and consumer spending
Energy prices and consumer spending Among the disappointments in the 2015:Q1 GDP figures was weak consumption growth, which was a little surprising given the extra cash most consumers have on hand as a result of lower energy prices. I wanted to take a look at how the recent consumer behavior compares with what we’ve seen historically. The […]
Why The Powers That Be Are Pushing A Cashless Society
Why The Powers That Be Are Pushing A Cashless Society We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them Martin Armstrong summarizes the headway being made to ban cash, and argues that the goal of those pushing a cashless society is to prevent bank runs … and increase their control: The […]
