Cash is less of a threat to central bank policies when interest rates rise above zero...
Yesterday, CIBC reported a "systems issue" that prevented customers from logging in to their accounts online for the entire business day. CIBC, the Canadian Imperial Bank of Commerce, is one of the five biggest banks in Canada. Yesterday just hap
Why businesses love it
Think tank gets 8-balled by Visa & Mastercard because SPLC declared them a hate group.
Banks are closing ATMs and branches in an attempt to 'nudge' users towards digital services - and it's all for their own benefit
Technocracy depends upon a digital society where every transaction can be tracked and analyzed. Cash prevents such tracking, and thus is being unilaterally removed. There has been no public request or particular need to destroy cash and so far, the p
Banks are closing ATMs and branches in an attempt to 'nudge' users towards digital services – and it's all for their own benefit
Premier libertarian communicator Ron Paul, in an interview Tuesday with host Dan Dicks at Press For Truth, called the effort to eliminate cash an "attack on individual freedom." Restricting and discouraging the use of cash, suggests Paul, has alw
You love your credit cards, right? Handy and easy, you just whip it out and purchase whatever you want. No cash; no hassle. And everyone makes it so easy for you
(Natural News) Is it possible for a society to function properly without the use of any cash? Sweden could have the answer to this question and more, as the country has had a good run of using digital payment systems so far, and many Swedish establis
The war on cash has been going on for decades. The U.S. abolished the $500 bill in late 1969. (The old $500 bill featured a portrait of President William McKinley, by the way. I remember seeing a few when I was a kid.)
Technocrats are crushing Sweden – read this article carefully for hints at the future:
Tim Cook Seeks "Elimination Of Money"
Singularity University Executive Chairman & Co-founder Peter Diamandis will share his views and predictions on the "demonetization of living" and how this shift will impact your life, your career, your organization, and the global economy.
Cash is unlikely to go away soon. Coins and paper currency remain the most popular ways to pay for things in most countries. But longer term, cash appears to be in a losing battle with electronic payment methods.
New Tech To Revolutionize The Payments Industry
Will that be cash, charge, or bribe?
Ken Rogoff concludes that after cash has been stripped out of society, negative interest rates can give every saver a proper 'haircut' by charging him to keep money in the bank. But, you can't take it out when cash is gone. Technocrats will rej
Microchip Expiring $100 Bills, Forcing People to Keep Receipts
In its recent report, the International Monetary Fund (IMF) proposed to abolish cash and recommended to adopt measures in order to restrict its use.
Kenneth Rogoff would sharply disagree with Peale, a character in the 1915 novel It Pays to Advertise, who said that the most beautiful word in the English language is "cash." For Rogoff, a distinguished monetary economist (and chess grandmaster)
The time will come when you won't be able to buy a cup of coffee without being traced, warns investment guru Jim Rogers. To control people, governments will increasingly seek to hunt down cash spending, he adds.