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Tag Archives: cash ban
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 … Continue reading
Posted in It's a Bull Market
Tagged Carry Tax, cash ban, central banks, NIRP, War on cash, ZIRP
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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 … Continue reading
Posted in It's a Bull Market
Tagged big banks, Carry Tax, cash ban, Jp MOrgan, NIRP, War on cash
Comments Off on Banks Are Now Openly Rejecting Deposits… Is a Cash Ban Next?
Governments Have Begun Moving to Ban Physical Cash
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 … Continue reading
Posted in It's a Bull Market
Tagged cash ban, Derivatives, NIRP, the Fed, ZIRP
Comments Off on Governments Have Begun Moving to Ban Physical Cash
