Well, who could have seen this coming? Just as we noted, the slippery slope towards full government control in a cash-less society is where Indian PM Modi is heading following his chaos-creating demonetization efforts of the last two weeks. While mas
India May Impose 60% Tax On "Unaccounted" Deposits, Curbs On Gold Holdings
The Venezuelan bolivar lost 45% of its value against the US dollar so far this month, the biggest monthly decline ever.
The rise of bitcoin and other forms of digital currency is fueling a wealth of questions about tax enforcement: what sort of tax treatment guidelines exist for digital currencies? How are tax reporting agencies responding to the large number of digit
Driver Rahul Sharma, 25, remembers the exact day when his employer turned from a wolf into a lamb. It was November 9 when his employer called him beta - Hindi for "dear" - for the first time. The maid was asked to give him a cup of tea, for the fir
As India continues to struggle with a countrywide cash shortage as a result of the November 8 demonetization in which the government unexpectedly removed the highest denomination bills out of circulation and which has brought various mostly rural par
What the government giveth, the government taketh away. Like that money in your wallet. Do you really think it's yours? If so, the people of India would like to have a word with you.
George Soros is a monster who destroys nations then buys them up.
Technocracy must drive cash out of the hands of people, forcing them into the digital matrix from which there is no escape. This movement is world-wide and involves all central banks and major commercial banks. ? TN Editor
The War On Cash Goes Nuclear In India, Australia and Across The World As Nations Move To Be Cashless Societies..
With US Treasury yields spiking to extreme 'cheapness' relative to Japanese and German bonds (and stock dividends) it seems a 'value' bid has re-emerged, sparking a notable drop in long-end yields (despite the ongoing collapse in the Yuan to fresh re
US Stock markets message to the world...
Anger intensified in India on Saturday as banks struggled to dispense cash following the government's decision to withdraw large denomination notes in an attempt to uncover billions of dollars in undeclared wealth.
There have been chaotic scenes outside banks in India, two days after 500 ($7) and 1,000 rupee notes were withdrawn as part of anti-corruption measures.
With offshore Yuan tumbling in recent days - echoing the collapse in US Treasury bond prices - the spread to the onshore fix appears to have forced the PBOC's hand.
India's Government Makes Banknotes Worthless by Decree Overnight
War On Cash Strikes India: PM Scraps Large Bills, Limits ATM Withdrawals To "Fight Corruption"
Editor's Comment: He who holds the gold makes the rules? Fresh attempts at containing Russia and continuing the empire have been met with countermoves. Russia appears to be building strength in every way.
How the Government Uses the Banks to Choke Off Legal Businesses. And so by executive decree entire classes of businesses, including perfectly legal businesses that were already operating under strict licensing laws and regulatory regimes, became pari
The onshore yuan exchange rate (CNY) against the USD has eclipsed 6.74 today while offshore exchange rate (CNH) was pushing 6.75 as the week drew to a close.
China's holdings of U.S. Treasuries fell to the lowest level since November 2012, as the world's second-largest economy draws down its foreign reserves to prop up the yuan.
Between Hillary Clinton's inexcusable email practices and Donald Trump's invocation of "the cyber" (which is so big right now), it'd be tough to describe either of these two as the "technology candidate" in the race for the US presidenc
What is the future of money? Some say digital currency is more efficient and provides better security and privacy. Others worry about the Fed exercising an even heavier hand on monetary policy. We visit with NYU Law Fellow and digital currency expert
For a long time, I've advocated that the world's governments should default on their debt. I recognize that this is an outrageous-sounding proposal.
Bill Gross recently shared his thoughts about bitcoin and blockchain. As Portfolio Manager of the Janus Global Unconstrained Bond strategy, Gross is responsible for US$1.54 billion in assets.
Is going cash-free really 'cleaner' or 'safer'?
Genesis Mining has successfully settled the first peer-to-peer Bitcoin transaction in space with the help of a weather balloon.
China's holdings of U.S. Treasuries fell in July to the lowest level in more than three years, as the world's second-largest economy pares its foreign-exchange reserves to support the yuan.
On January 20, 2016, People's Bank of China (PBoC) released an announcement on its website about its digital currency conference. At the conference, the PBoC urged its digital currency team to speed up effort and release its own digital currency qu
In this publication, we warn regularly of the risk involved in storing wealth in banks. They've made the removal of your deposits increasingly difficult in addition to colluding with governments to allow them to legally freeze or confiscate your mo