War on Cash

Newly released documents show: There is no legal basis for imposing restrictions on the use of cash

June 8, 2020 | In many countries of the monetary union there are upper limits for cash payments. The European Central Bank (ECB) and the EU Commission have rubberstamped them, relying on a rather obscure legal basis. Using documents obtained from the archives of EU institutions, I can show that the ECB’s and the Commission’s reasoning are based on a misinterpretation.

Continue reading “Newly released documents show: There is no legal basis for imposing restrictions on the use of cash” →

What Haering vs. Hessischer Rundfunk Will Imply for the Legality of a Parallel Currency

March 31, 2020 | On 15 June, as part of the Häring vs. Hessischer Rundfunk case, the European Court of Justice will rule on the conditions under which governments may restrict the use of the legal tender of the euro area. There is a lot at stake, not only for my campaign to obstruct the campaign to abolish cash, but also for the survival of the European Monetary Union.

Continue reading “What Haering vs. Hessischer Rundfunk Will Imply for the Legality of a Parallel Currency” →