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Rigged Game

The table is tilted, the dice are loaded, the cards are marked, but the game goes on.

Category: War on Cash

The Bubble’s Losing Air. Get Ready for a Crisis

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

December 16, 2018 Don Quijones1 Comment

Instant and Almost Free: ECB Just Launched “Better Than Blockchain” Instant Payments System

But will the big banks play along?… Read More Instant and Almost Free: ECB Just Launched “Better Than Blockchain” Instant Payments System

December 3, 2018December 3, 2018 Don QuijonesLeave a comment

Don’t Believe the Hype: Demonetisation in India Was a Great Success — For the Better Than Cash Alliance

Demonetisation disproportionately hurt the poor, as they were robbed of the free means of payment that they used to have at their disposal: cash… Read More Don’t Believe the Hype: Demonetisation in India Was a Great Success — For the Better Than Cash Alliance

November 7, 2018 Don Quijones1 Comment

Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending

Cash is less of a threat to central bank policies when interest rates rise above zero… Read More Swedish Central Bank Makes U-Turn on Cash as NIRP is Ending

October 28, 2018October 28, 2018 Don Quijones4 Comments

Backlash Against War on Cash Reaches the Bank of Canada

A cashless society could have “adverse collective outcomes.”… Read More Backlash Against War on Cash Reaches the Bank of Canada

October 21, 2018October 21, 2018 Don Quijones1 Comment

Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK

The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB… Read More Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK

September 8, 2018September 8, 2018 Don QuijonesLeave a comment

Mexico’s Central Bank Just Broke with the War on Cash

Motivated by inflation?… Read More Mexico’s Central Bank Just Broke with the War on Cash

September 3, 2018September 3, 2018 Don Quijones1 Comment

Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures?

It’s all part of a broad trend aimed at curtailing cash services… Read More Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures?

August 15, 2018August 15, 2018 Don Quijones1 Comment

The EU Backs Off its War on Cash. Here’s Why

People view paying in cash “as a fundamental freedom, which should not be disproportionately restricted.”… Read More The EU Backs Off its War on Cash. Here’s Why

July 31, 2018 Don QuijonesLeave a comment

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… Read More Backlash Against “War on Cash” Reaches Washington & China

July 22, 2018July 22, 2018 Don Quijones1 Comment

The Cashless Society Is a Con – And Big Finance Is Behind It

Banks are closing ATMs and branches in an attempt to ‘nud… Read More The Cashless Society Is a Con – And Big Finance Is Behind It

July 19, 2018 Don Quijones3 Comments

Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers

For hackers, biometric data is the Holy Grail.… Read More Despite Wave of Cyber Attacks, Banks in Mexico Double Down on Biometric Tracking of Customers

July 3, 2018July 3, 2018 Don Quijones1 Comment

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