Home » Posts tagged 'physical money'
Tag Archives: physical money
Israel’s War On Cash Is About To Get More Drastic
Israel’s War On Cash Is About To Get More Drastic Starting Monday, it will be a criminal offense in Israel to pay more than the equivalent of $1,700 in cash to a business or $4,360 in cash to individual, as the government intensifies its ongoing war on tangible money. It’s a war that began in earnest […]
War on Cash: The Next Phase
War on Cash: The Next Phase With so much news about an economic reopening, a border crisis, massive government spending and exploding deficits, it’s easy to overlook the ongoing war on cash. That’s a mistake because it has serious implications not only for your money, but for your privacy and personal freedom, as you’ll see […]
The Demise of Physical Money: A Retail Worker’s Perspective
The Demise of Physical Money: A Retail Worker’s Perspective Something I have come to realise about money is that the more you come into direct contact with it, the less alluring it becomes. That may sound like a hollow platitude, but when your history of paid work has predominately involved handling thousands of pounds through face […]
The Demise of Physical Money: A Retail Worker’s Perspective
The Demise of Physical Money: A Retail Worker’s Perspective Something I have come to realise about money is that the more you come into direct contact with it, the less alluring it becomes. That may sound like a hollow platitude, but when your history of paid work has predominately involved handling thousands of pounds through face […]
Backlash Against “War on Cash” Reaches Washington & China
Backlash Against “War on Cash” Reaches Washington & China The electronic-payments industry, which gets a cut from every electronic transaction, wants to kill cash. But wait… Not so long ago, it seemed that the death of cash was both inevitable and imminent. The war against physical money was advancing on all fronts. Cash, already with technological […]
“Cash Must Not Be Made the Scapegoat”
“Cash Must Not Be Made the Scapegoat” In the War on Cash, a rare defense of physical money by an ECB Board Member. The proposed EU-wide cash restrictions could come into effect as early as this year. But defenders of physical cash have an unexpected ally in their struggle: Yves Mersch, a member of the […]
Cash Is No Longer King: The Phasing Out of Physical Money Has Begun
Cash Is No Longer King: The Phasing Out of Physical Money Has Begun As physical currency around the world is increasingly phased out, the era where “cash is king” seems to be coming to an end. Countries like India and South Korea have chosen to limit access to physical money by law, and others are beginning to test digital blockchains for […]
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 […]