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It’s Official: Cash is Now Public Enemy Number One
It’s Official: Cash is Now Public Enemy Number One First Major Offensive in War on Cash Terrorists are no longer public enemy number one. Nor are drug lords, people traffickers, arms dealers, cyber terrorists, or any other unsavory do-badder. Today, the biggest threat to global peace and security is physical cash, a means of exchange […]
Softening up the Rubes – the War on Cash Continues
Softening up the Rubes – the War on Cash Continues More Anti-Cash Propaganda by Bloomberg Former NYC mayor Bloomberg is probably one of the worst nannycrats who ever strode upon the US political scene. No-one has done more to take the fun out of New York than this man (we have chronicled the efforts of […]
The International War on Cash
The International War on Cash Back in 2008, I began warning of increasing capital controls that we would see in the future, as a component in the decline of Western economies (Western in the broad sense, including Japan, Australia, etc.) Along the way, it occurred to me that, at some point, governments might collectively attempt […]
The Risks of the War on Cash
The Risks of the War on Cash “Quick and easy is winning the war.” On January 1st, Londoners woke up to a rather perplexing reality: all of the cashless Oyster card readers on the city’s buses, rail and tube stations had stopped working. With cash as good as banished from the London transport system, attendants […]
WAR ON CASH: Banks to start charging for cash deposits
WAR ON CASH: Banks to start charging for cash deposits Few could have envisioned it even just a few years ago, but it’s happening now, and on an ever-widening scale. More big U.S. banks are shunning cash, because the banking system has become so dependent on other “assets” that large cash deposits actually pose a threat […]
Moneyweek: Hands Off Our Cash Petition
Moneyweek: Hands Off Our Cash Petition Andy Haldane recently floated the idea of abolishing cash so that radical monetary policy like negative interest rates can be implemented. You can sign the Moneyweek petition against this here: http://moneyweek.com/wp/hands-off-our-cash-petition Whereas the Bank of England’s Chief Economist Andrew Haldane announced on 18th September 2015 his intention to abolish use of cash in […]
Legal Fictions and new Battlegrounds in the War on Cash
Legal Fictions and new Battlegrounds in the War on Cash Greece – Ground Zero in the War on Cash? We believe it was our friend Claudio Grass of Global Gold in Switzerland who first mentioned that the eurocracy may possibly have plans to use the Greek crisis as an opportunity to expand the ongoing war […]
The War On Cash: Why Now?
The War On Cash: Why Now? 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 official-mouthpiece economists are calling for the outright abolition of cash. […]
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 […]
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 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 […]
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, […]
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, […]
The War on Cash: Transparently Totalitarian
The War on Cash: Transparently Totalitarian George Orwell once wrote “If you want a picture of the future, imagine a boot stamping on a human face—forever.” Not exactly a cheery thought, and one I don’t agree with. While the forces pushing for centralization of power have been prevailing for decades, they haven’t won a total victory […]
The “War on Cash” Migrates to Switzerland
The “War on Cash” Migrates to Switzerland Banks Increasingly Refuse Cash Withdrawals – Switzerland Joins the Fun The war on cash is proliferating globally. It appears that the private members of the world’s banking cartels are increasingly joining the fun, even if it means trampling on the rights of their customers. Yesterday we came across […]
