Carry Tax Archive
04 Nov 2015
The War on Cash is Real
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
02 Nov 2015
Are Border and Capital Controls Coming to the US?
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
27 Oct 2015
Prepare to be Taxed: Wealth Tax and Carry Taxes Are Coming
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
22 Oct 2015
Banks Are Now Openly Rejecting Deposits… Is a Cash Ban Next?
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
14 Sep 2015
Could the Fed Implement a “Carry” Tax on Physical Cash?
The Fed meets this week on Wednesday and Thursday. Many in the investment world believe the Fed will finally raise interest rates during this meeting. If it does, this will be the first rate hike since 2006. And it will represent the first time in six years that rates are not effectively at zero. Will
