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As economic conditions deteriorate, the threat of citizens pulling cash out of their accounts and starting a bank run is eliminated in a cashless system. So long as the people’s wealth is under centralized control, funds can be shifted at will to conceal any underlying problems

European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their

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Negative Interest Rates: A Tax in Sheep’s Clothing … A negative interest rate is just a tax on the banks’ reserves. The tax has to be borne by someone: The banks can choose not to pass it on and just have lower after-tax profits. This will depress the share price of banks and weaken their balance sheets by having lower equity values.

 Thoughts from around the internet…everyone sees what cashless and NIRP really mean – CONTROL AND THEFT OF WEALTH. ————- Giving

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