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Olduvai III: Catacylsm
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Draghi Lies Claiming withdrawing €500 note is for crime not Taxes

Draghi Lies Claiming withdrawing €500 note is for crime not Taxes  The Hunt for Taxes While Mario Draghi has denied that the European Central Bank would only withdraw its €500 highest-denomination banknote to combat crime, not to curb the use of paper money, you really cannot expect that he would tell the truth.  If he really told […]

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Larry Summers Launches The War On Paper Money: “It’s Time To Kill The $100 Bill”

Larry Summers Launches The War On Paper Money: “It’s Time To Kill The $100 Bill” Yesterday we reported that the ECB has begun contemplating the death of the €500 EURO note, a fate which is now virtually assured for the one banknote which not only makes up 30% of the total European paper currency in circulation by […]

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The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill

The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill Update: in case there was any doubt about the ECB’s true intentions, we just got the official “denial”: DRAGHI: ANY ECB ACTION ON EU500 NOTE IS NOT ABOUT REDUCING CASH Translation: the ECB action is only about reducing physical cash, some 30% of it […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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