War on Cash . . .

Started by redcliffsw, March 29, 2016, 06:45:46 AM

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redcliffsw


Pushing people out of cash, combined with the zero interest rate policy (so-called ZIRP) and the money-printing that's called "quantitative easing" (QE) today, has created a huge bond super bubble, plus stock and property bubbles. That also makes this a war on savers. In the EU, Japan, and several other countries, putting money in the bank guarantees a loss.

But the real issue is that the State everywhere wants to be able to control all economic and financial activity. All of it.
-Doug Casey

Read on:
https://www.lewrockwell.com/2016/03/doug-casey/one-edge-precipice/



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