“While the economic shutdowns and increased use of online retailing are currently diminishing cash’s traditional function as a medium of exchange, it seems that this is being more than offset by panic driven hoarding of banknotes.”… Read More Covid-19 Isn’t Killing Cash. People Are Hoarding More of It
Covid-19 will be mobilised by the financial industry to push their War on Cash even further, leaving us ever more ensnared within their private digital money empire… Read More Cash, Kisses and Karaoke: Why the War on Covid must not become a War on Cash
Get ready for the helicopters… Read More Here Is The Stunning Chart That Blows Up All Of Modern Central Banking
In order to eliminate corruption, the government has waged a war against the informal economy. But a large portion of the economy, especially in rural regions, is informal, so this becomes a war on the economy itself… Read More India’s Economy Is Headed for Structural Breakdown
Both the U.S. and global financial system have a real problem occurring right under the fogged lenses of Congress… Read More It Has Been a Torrid Week for Indian Banks
Sweden’s Civil Contingencies Agency says cash is needed in case of emergencies such as technology failures and cyber attacks… Read More The Government Of Most Cashless Economy Just Told Citizens to Hoard Cash in Case of Cyber Attack
“Serious risks of sleepwalking into a cashless society before we’re ready – not just to individuals, but to society”… Read More Transition to Cashless Society Could Lead to Financial Exclusion and System Vulnerability, Study Warns
Review predicts cash could fall to just 10% of all payments in the next 15 years… Read More UK Cash System on Verge of Collapse, Report Finds
The banks claim they’re complying with anti-money laundering regulations. … Read More All Heck Breaks Loose After Spanish Banks Block Thousands of Accounts with Chinese Names & Folks Can’t Get to Their Money
Investors need to focus on their response to financial stresses in an era in which policymakers will be constrained… Read More The Bubble’s Losing Air. Get Ready for a Crisis
But will the big banks play along?… Read More Instant and Almost Free: ECB Just Launched “Better Than Blockchain” Instant Payments System
