Posted on 04/18/2015 6:54:20 AM PDT by Kaslin
The central banks dont like that cash makes it hard to cut rates to below zero. 0% is pretty much as far as they can go (though there are exceptions such as in Denmark.) Bloomberg reports;
(Excerpt) Read more at finance.townhall.com ...
FYI: Going truly Galt means going all cash. Eventually I’d like to eliminate cash altogether and use gold and/or silver for transactions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.