The War on Cash is now accelerating. As the financial system lurches towards collapse, the elites and those who derive power from sitting at the top of the food chain are growing increasingly desperate to maintain the status quo. When 2008 hit, the Fed cut rates to zero and began implementing QE. It has now
Stocks have rallied over the last 10 days in part by ECB President Mario Draghi’s statement that if push comes to shove, the ECB will push interest rates even further into negative territory (NIRP). This represents just another round in the War on Cash, first implemented by the Central Banks in 2008. It’s a little
More and more analysts are beginning to take note of the “War on Cash.” However, they’re missing the fact that the actual template for what’s coming to the US first appeared in Europe back in 2012. Back in March of 2012, when the EU Crisis first began to spin out of control, then Prime Minister
The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance. An excellent example of this concerns the Fed’s decision to taper QE back in 2013.
Prepare to be taxed. Behind the veneer of “all is well” being promoted by both world Governments and the Mainstream Media, the political elite have begun implementing legislation that will permit them to freeze accounts and use your savings to prop up insolvent banks. This is not conspiracy theory or some kind of doom and
The Fed has now kept interest rates at zero for 81 months. This is the longest period in the history of the Fed’s existence, lasting longer than even the 1938-1942 period of ZIRP. And the US economy is moving back into recession. Consider that… Industrial production fell five months straight in the first half of
The Central Banks hate physical cash. So much so they there will likely try to ban it in the near future. You see, almost all of the “wealth” in the financial system is digital in nature. The total currency (actual cash in the form of bills and coins) in the US financial system is a