Sunday, November 15, 2015

They're Coming For Your Cash

http://www.zerohedge.com/news/2015-11-15/theyre-coming-your-cash


It’s easy to be frightened by these proposals. But if governments think they can force us to accept negative interest rates on our savings by abolishing cash, they need to think again. It’s preposterous to assume that savers will passively accept outright confiscation of their assets via negative interest rates or a ban on cash. Instead, people will simply revert to other stores of value.

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