The proposed EU-wide cash restrictions could come into effect as early as this year. But defenders of physical cash have an unexpected ally in their … Cash Must Not Be Made the ScapegoatRead more
Finance
Posted inEconomics / Finance / ToMl / USA Empire
Understanding and Using America’s Fiat Money
Before it disappears forever from our experience—which the rapid adoption of smart-phone commerce suggests might happen within the next decade—we should examine, take stock of, … Understanding and Using America’s Fiat MoneyRead more
Posted inFinance / ToMl / USA Empire
Corporate Coercion and the Drive to Eliminate Buying with Cash
“Sorry we’re not taking cash or checks,” said the clerk at the Fed Ex counter over a decade ago to an intern. “Only credit cards.” … Corporate Coercion and the Drive to Eliminate Buying with CashRead more
Posted inFinance / ToMl / USA Empire
At taxpayer expense: easiest, risk-free, sit-on-your-ass profit ever.
The Federal Reserve’s income from operations in 2017 dropped by $11.7 billion to $80.7 billion, the Fed announced today. Its $4.45-trillion of assets – including … At taxpayer expense: easiest, risk-free, sit-on-your-ass profit ever.Read more
Posted inCIA / Finance / NSA / ToMl
Former ‘Economic Hitman’ Reveals How CIA, NSA Conceal Activities
John Perking worked for an American consulting firm when he knew that his company cooperated with the Central Intelligence Agency (CIA) and the National Security … Former ‘Economic Hitman’ Reveals How CIA, NSA Conceal ActivitiesRead more
Posted inFinance / News / Venezuela
Venezuela will launch a digital currency
President Nicolas Maduro said on Sunday that Venezuela will launch a digital currency to combat the ongoing attempts by the U.S. and its junior partners … Venezuela will launch a digital currencyRead more
Posted inFinance / Hindutva / India / ToMl
Has Demonetization Achieved its Stated Objectives?
On August 30, 2017, the Reserve Bank of India released its Annual Report for 2016-17 which revealed that 98.8 percent of scrapped currency notes have … Has Demonetization Achieved its Stated Objectives?Read more
Posted inFinance / ToMl
A Sinister War on Our Right to Hold Cash
An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most … A Sinister War on Our Right to Hold CashRead more
Posted inFinance / ToMl
The Promise of Fiscal Money
Western capitalism has few sacred cows left. It is time to question one of them: the independence of central banks from elected governments. The rationale … The Promise of Fiscal MoneyRead more