February 19, 2020 | For many years, the European Central Bank (ECB) agreed to cash ceilings or simply ignored the fact that it was not asked for its opinion. That has changed radically. This change of mind might come in handy for my court-case on the right to use cash that is pending at the […]
February 16, 2020 | The Bank for International Settlements (BIS), the powerful central bank of central banks, has published a paper that is scandalous in more than one respect. They advocate worldwide adoption of the Indian government’s approach to data-sharing, which will result in every Indian citizen being stripped of all privacy. …
February 12, 2020 | There is a much needed discussion in European policy circles about simplifying the budgetary surveillance process. One possible and much needed reform is to do away with the reference to „structural“ budget deficits, as the „campaign against nonsense output gaps“ has shown. Its protagonists have just issued another damning paper. …
February 9, 2020 | If the trend of the last two decades continues, index funds could control 40 percent of the voting rights in the largest corporations by 2040.The share is already up to 25 percent in the US. There a two perspectives on this. Some scholars say it threatens shareholder value, others fear it […]
February 6, 20202 For its project “World Without Cash”, a Bundestag-committee is inviting bids for an expert opinion that should help pave the way to a cashless future and free the population from their “cash obsession”. …
The Better Than Cash Alliance (Visa, Mastercard, Citibank, Bill Gates, USAID) coordinates the global war against cash from New York. Now, the city council there has decided to oblige all brick and mortar stores and restaurants to accept cash. The justification of the regulation is a low blow for the alliance’s financial inclusion propaganda…
The Challenge Those who take part make a commitment to increase the fraction of their expenses that they pay in cash and to work on getting others to participate – in personal conversations, via social media, newsletters, lectures or letters to the editor. In this way, we want to ensure that no further decrease in […]