Friday, September 09, 2016

Negative Interest Rates & The War On Cash:
How The Escape Routes Will Get Closed
It's Financial Repression
"History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few." .. confiscations, capital controls, exchange controls, ring-fencing regulations, you name it - they are on the way to help the government & central banks to implement repressive financial policies, designed to help address government debt, a slow global economy & the risk of another financial crisis.
LINK HERE to the essay

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