EU Bureaucrats Escalate The Global War On Cash: Will Precious Metals Be In The Crosshairs?
By Clint Siegner The global war on cash rolls on. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes. Now they are preparing a similar assault on Europeans’ ability to transact privately and without giving bankers a cut. European Union officials just published a “Proposal for an EU Initiative on Restriction on Payments in Cash.” Predictably, the restrictions are being sold to citizens as a means of fighting terrorism – much like a...
By Clint Siegner The global war on cash rolls on. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating...
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