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sam_site
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Is a Global Wide Cash Ban Coming? - Graham Summer - Gains Pains & Capital

The war on cash is the the result of the 2008 massive redemptions of bank CDs as the herd panicked for the exits and cashed out. That's the real reason there's a war on cash.

The banker's worse nightmare is a bank run by the herd when they no longer can suppress interest rates, gold and waning confidence in the fiat "funny money" system.

India made bank runs far more difficult by allowing only the equivalent of $1 dollar bills in circulation.
Clif High predicts the bank run stampede starts on the Ides of March. Beware

https://www.youtube.com/watch?v=JEYFsxfmnmo

Commented 2629 days ago

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Beginning of the headline :Anyone who has been paying attention over the last four years knows the Europe is ground zero for Central Planning insanity. Europe was created as a union with open borders with the open flow of capital. However, the elites have clearly demonstrated that they are willing to lie cheat and steal in order to maintain their agenda. Case in point, Europe has already seen: 1) The implementation of border and capital controls during a crisis (2012-2013). 2) The confiscation of bonds or savings depo... Read More

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