Friday, February 19, 2016

Latest version of Monopoly is called “Ultimate Banking” and is completely cashless...

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I find it extremely perplexing that I have been the only one to report that there is a secret meeting in London where Kenneth Rogoff of Harvard University and Willem Butler the chief economist at Citigroup will address the central banks and advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval. When I Googled the issue to see who has picked it up yet, to my surprise Armstrong Economics comes up first. Others are quoting me, and I even find it spreading as the Central Bank of Nigeria, but I have yet to find reports on the meeting taking place in London when my sources are direct.

Other newspapers who have covered my European tour have stated that the “crash” of which I speak is the typical stock market rather than in government. What is concerning me is the silence on this meeting where there are more and more reports about a cashless society would be better.

If we look at the the turning points on the ECM, yes they have been to the day when there has been a concentration of capital in a particular market. However, it has also picked the turning points in political decisions such as the formation of the G5 with 1985.65, the very day Greece asked for help from the IMF in 2010, to the day of 911. What we better keep one eye open for here at night is this birth of a cashless society coming in much faster than expected. Why the secret meeting? Something does not smell right here. Full story...

Related posts:
  1. Norway’s largest bank calls for total end to cash...
  2. But who is the governments’ strongest ally in their War on Cash?
  3. Sweden 'fast becoming world’s first cashless society’
  4. Cash is dying in the developing world...
  5. Secret meeting in London to “end cash”
  6. Abolishing cash – new age of economic totalitarianism...
  7. Why are the powers that be pushing for a cashless society?

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