8 December 2020 |The European Central Bank (ECB) has quietly published a “cash strategy“ of the Eurosystem that the Governing Council had adopted already in early September. The commitment to cash seems half-hearted at best and suggests an internal struggle.
10. 11. 2020 | Few other documents have been sent to me as often as the recent deliberations of the European Central Bank (ECB) on a digital euro. There is obviously a great deal of suspicion with regard to plans of a digital euro. The following analysis will try to answer the question if this […]
June 19, 2020 | Covid-19 is being mobilised by the financial industry to push their War on Cash even further, leaving us ever more ensnared within their private digital money empire, writes Brett Scott in this guest article.
June 14. 2020 | Sudan has a transitional government that depends on the goodwill of the USA. This is an opportunity to use the country for the largest field trial to date, to put an entire population on the digital leash through cash abolition and a universal basic income.
My book “Schönes neues Geld” (Brave new Money: PayPal, WeChat, Amazon Go – A Totalitarian World Currency in the Making) has found a Vietnamese publisher. Korean and Chinese versions are scheduled to be published this year. An English language summary of the book is here.
Two years ago, on 8 November 2016 at 8 pm, prime minister Narendra Modi declared most cash in India demonetised, starting a period of several months of severe cash shortage, which imposed a lot of hardship and suffering on the people. The National Herald India invited me to write a guest-comment on the occasion.
The war on cash that is currently being waged in India and other developing countries is the culmination of a “financial inclusion”-campaign originating in the US in the 1990s. The purported goal and the US institutions pushing the agenda are the same as in two earlier financial-inclusion-drives, which have been thoroughly discredited: the subprime mortgage banking […]