Home » Posts tagged 'war on cash' (Page 3)
Tag Archives: war on cash
Visa Trying to Bribe Merchants to Stop Taking Cash
Visa Trying to Bribe Merchants to Stop Taking Cash The war on cash is escalating. A big driver isn’t central banks who want to be able to inflict negative interest rates on savers, or Treasuries who see cash transactions as hiding revenues from their tax collectors, but the payment networks that want to kill cash […]
Taiwan Joins Global War On Cash: Plans To Ban Purchases Of Houses, Cars, & Jewelry
Taiwan Joins Global War On Cash: Plans To Ban Purchases Of Houses, Cars, & Jewelry The cancerous virus of freedom-destroying worldwide cash-bans – in the name of fighting terrorism – has reached Taiwan this week. With the aim of ‘preventing money-laundering’, Taiwan may ban cash purchases of properties and luxury goods, Taipei-based Economic Daily News reports, citing unidentified official at […]
The War on Cash Intensifies
The War on Cash Intensifies Mark my words: The war on cash is intensifying, putting our civil liberties at stake like never before. Last month, the 2001 Nobel Prize-winning economist from Columbia University, Joseph Stiglitz, was quoted as saying: “I believe very strongly that countries like the United States could and should move to a […]
Things Just Got Serious in Europe’s War on Cash
Things Just Got Serious in Europe’s War on Cash To protect citizens from threats as defined by apparatchiks in Brussels. The central authorities in Europe just launched their most important offensive to date in their multiyear War on Cash. The new move comes directly from the European Union’s executive branch, the European Commission, which just announced its […]
Visualizing The Global War On Cash
Visualizing The Global War On Cash There is a global push by lawmakers to eliminate the use of physical cash around the world. This movement is often referred to as “The War on Cash”, and there are three major players involved. 1. The Initiators Who? Governments, central banks. Why? The elimination of cash will make it […]
An interesting perspective on the War on Cash
An interesting perspective on the War on Cash It’s happening faster than we could have ever imagined. Every time we turn around, it seems, there’s another major assault in the War on Cash. India is the most notable recent example– the embarrassing debacle a few weeks ago in which the government, overnight, “demonetized” its two […]
Cashless Society – Risks Posed By The War On Cash
Cashless Society – Risks Posed By The War On Cash Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society. […]
Another step toward cash confiscation in Europe
Another step toward cash confiscation in Europe From today’s Open Europe news summary: ECB TO HALT PRODUCTION OF €500 NOTE, BUT IT WILL RETAIN ITS VALUE The European Central Bank announced yesterday that it would stop printing the €500 note from the end of 2018 due to, “concerns that this banknote could facilitate illicit activities.” […]
The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless
The War on Savings: The Panama Papers, Bail-Ins, and the Push to Go Cashless Exposing tax dodgers is a worthy endeavor, but the “limited hangout” of the Panama Papers may have less noble ends, dovetailing with the War on Cash and the imminent threat of massive bail-ins of depositor funds. The bombshell publication of the “Panama […]
Gold – The Best Defense Strategy
Gold – The Best Defense Strategy The War on Cash is on! If you are used to making visits to your bank to make your credit card payments, you may find this no longer an option in the future. Some banks are no longer accepting (or limiting their acceptance) of cash deposits. The war on […]
Cash Banned, Freedom Gone
Cash Banned, Freedom Gone Some politicians want to ban cash, arguing that cash is helping criminals. The first steps in that direction are the withdrawal of big denomination notes and the limits imposed on cash payments. Proponents of a ban on cash claim that this will help fight criminal transactions — involved in money laundering, terrorism, and […]
The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals
The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals Last month All News Pipeline warned that major banks were preparing to tighten the screws on American account holders starting April 1st. It appears that the lock-down of cash has begun. Citing criminal activity as a factor, JP Morgan is limiting cash withdrawals at ATM machines. The bank said […]
This week on “It’s Our Money”: Stephen Lendman and Going Cashless
This week on “It’s Our Money”: Stephen Lendman and Going Cashless Kiss your cash goodbye! The word is that things would be more convenient, crooks would be confounded and diseases might be thwarted if we’d just get rid of filthy currency as the most essential form of personal financial liquidity. Currently circulating in the corridors of […]
“Freedom Always Dies Bit by Bit”: Bundesbank Takes Sides in War on Cash
“Freedom Always Dies Bit by Bit”: Bundesbank Takes Sides in War on Cash “Citizens should not be put under general suspicion.” There are two sides in the global war against cash. On one side are many of the world’s governments, central banks, fintech firms, banks, credit card companies, telecommunication behemoths, financial institutions, large retailers, etc. According […]
Sweden Begins 5 Year Countdown Until It Eliminates Cash
Sweden Begins 5 Year Countdown Until It Eliminates Cash How much louder can the “ban cash” calls get? Recall it was just last year when we catalogued the growing cacophony of crazies for whom banning physical currency is the only way to ensure that depositors can’t simply reassert their economic autonomy under a low or zero rate […]
