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As Banks Seek Monopoly Over Economy, “Cash Is Being Gradually Taken Away”
As Banks Seek Monopoly Over Economy, “Cash Is Being Gradually Taken Away” There is a war on for the extermination of cash. It is the ultimate monopoly game, but there are those who are willing to put up a fight to keep cash in the game. The powers that be on Wall Street and in […]
As War on Cash Escalates, Cash Lovers Fight Back
As War on Cash Escalates, Cash Lovers Fight Back “It would be fatal if citizens got the impression that cash is gradually taken away from them”: Bundesbank President Weidman. Over the last couple of days, bureaucrats at the European Commission and European Central Bank have expressed a keen interest in withdrawing the €500-note from circulation […]
When Cash Is Outlawed… Only Outlaws Will Have Cash
When Cash Is Outlawed… Only Outlaws Will Have Cash Control, Tax, Confiscate BALTIMORE – Harvard economist Larry Summers is a reliable source of claptrap. And a frequent spokesman for the Deep State. To bring new readers up to speed, voters don’t get a say in who runs the country. Instead, a “shadow government” of elites, […]
Cashless Crisis: “With Digital Payments, Civilization Comes To An End Until Power is Restored”
Cashless Crisis: “With Digital Payments, Civilization Comes To An End Until Power is Restored” The coming brave new world may also be a fragile one. As most of the Western world is pushed into abandoning cash and embracing a fully digital cashless grid, it is apparent how vulnerable populations will become in times of crisis. If the […]
Latest Version of Monopoly is Called “Ultimate Banking” and is Completely Cashless
Latest Version of Monopoly is Called “Ultimate Banking” and is Completely Cashless The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accept the scheme seems to have been hatched in earnest late last spring. For example, here are a […]
The Continuing Demonization of Cash
The Continuing Demonization of Cash The insidious nature of the war on cash derives not just from the hurdles governments place in the way of those who use cash, but also from the aura of suspicion that has begun to pervade private cash transactions. In a normal market economy, businesses would welcome taking cash. After all, what […]
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 […]
What Happens to Cash When Governments Go Electronic?
What Happens to Cash When Governments Go Electronic? QUESTION: Mr. Armstrong; What happens to paper money when the government moves electronic? Is it just cancelled? Does cash then become worthless? Thanks RD ANSWER: It appears that electronic currency will arrive first in Europe. The cash will be demonetized so yes, it becomes worthless. However, they will most […]
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like (“by forcing people and companies to convert their paper money into bank deposits, the hope is […]
What A Cashless Society Would Look Like
What A Cashless Society Would Look Like Calls by various mainstream economists to ban cash transactions seem to be getting ever louder, while central bankers have unleashed negative interest rates on economies accounting for 25% of global GDP, with $5.5 trillion in government bonds yielding less than zero. The two policies are rapidly converging. Bills and coins account for […]
Cashless Society War Intensifies During Global Epocalypse
Cashless Society War Intensifies During Global Epocalypse In the fall of 2015, the world descended into an economic apocalypse that will transform the globe into a single cashless society. This bold prediction is based on trends in nations all over the earth as shown in the article below. As we enter 2016, we are only beginning to see this Epocalypse […]
War On Cash Escalates: China Readies Digital Currency, IMF Says “Extremely Beneficial”
War On Cash Escalates: China Readies Digital Currency, IMF Says “Extremely Beneficial” Remember when Bitcoin and its digital currency cohorts were slammed by authorities and written off by the elite as worthless? Well now, as the war on cash escalates, officials from The IMF to China are seeing the opportunity to control the world’s money […]
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 […]
Voluntary Enslavement
Voluntary Enslavement In recent years, I’ve been predicting that the governments, particularly those of the EU and US, will seek to eliminate paper currency. The objective will be to make monetary transactions between private parties as difficult as they can, by requiring that all transactions take place through financial institutions. If they can do this, […]
More Canadians Going Cashless Thanks To Apps, Credit And Debit Cards
More Canadians Going Cashless Thanks To Apps, Credit And Debit Cards TORONTO — Maureen Turner still makes a point of carrying coins and bills in her wallet — but not for her own personal use. “I have four kids, and often the teenagers will say: ‘I need $20 for lunch at school,'” says the Georgetown, […]
