Commodity Trade Mantra

Posts Tagged ‘Sanctioned Theft’

The War On Cash: Officially Sanctioned Theft

Why are governments suddenly declaring war on cash, the oldest officially issued form of money? Governments say – Physical cash has the potential to evade both taxes. The real Reason: Physical cash can evade officially sanctioned theft via bail-ins and negative interest rates. In short, physical cash is extremely difficult for governments to steal.

follow us

markets snapshot

Market Quotes are powered by India

live commodity prices

Commodities are powered by India

our latest tweets

follow us on facebook