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Rigged Game

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

Tag: War on Cash

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

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

Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages

An industry dogged by non-believers who fret about privacy and fraud. … Read More Consumers Stubbornly Cling to Cash, after Multiple IT Fiascos & Payment Systems Outages

June 17, 2018June 17, 2018 Don QuijonesLeave a comment

Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King

War on Cash Suffers Setback.… Read More Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King

June 3, 2018June 3, 2018 Don QuijonesLeave a comment

Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless

It’s too risky and systematically excludes the most vulnerable people.… Read More Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless

March 27, 2018March 27, 2018 Don Quijones2 Comments

Cash Refuses to Die, But the €500-Note Is a Goner

War-on-Cash Backlash.… Read More Cash Refuses to Die, But the €500-Note Is a Goner

March 10, 2018March 10, 2018 Don Quijones1 Comment

Next Phase in Forcing Biometric Tracking on Consumers

Next Phase in Forcing Biometric Tracking on Consumers… Read More Next Phase in Forcing Biometric Tracking on Consumers

December 24, 2017December 24, 2017 Don QuijonesLeave a comment

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