The Secret Meeting That Accelerated the War on Cash

• The Secret Meeting That Accelerated the War on Cash
  by Nick Giambruno, Senior Editor, http://www.internationalman.com/  
  I recently sat down with Scott Horton on the The Scott Horton Show. If you want to get the real scoop on U.S. foreign policy, you must listen to his podcast. It’s simply the best there is on this topic. It’s one of the very few I always listen to. Scott and I had an in-depth discussion on the U.S. government’s latest schemes… the War on Cash and negative interest rates. I think you’ll find our conversation below informative and entertaining. Until next time.
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  Transcript
  Scott Horton: Happy to have you back on the show, Nick. I’m looking at one of your articles in Casey Research’s International Man and I like the title: “Revealed: The Hidden Agenda of Davos 2016.” Can you tell us about it?
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  Nick Giambruno: Yes. There’s an annual World Economic Forum meeting in Davos, Switzerland. Leaders in business, government, media, and even some celebrities go to these events to discuss the big issues of the day. This conference happens every year in the open. But this year, I think a secret meeting took place during the conference behind the scenes, with huge historical significance…
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  Immediately after the conference, there was a big acceleration to eliminate paper cash, or at least high-denomination currency notes. A flood of articles from The New York Times, The Economist, Zero Hedge, and other publications picked up on this.
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  For example, a few days after Davos, the head of the Japanese central bank implemented negative interest rates for the first time ever. This was after he repeatedly denied that he was planning to use negative rates. It seems like something might have changed his mind at that conference. But that’s not all.
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  After the conference, the CEO of Deutsche Bank called for the elimination of cash. Norway’s biggest bank essentially did the same thing. Bloomberg published a piece called “Bring on the Cashless Future.” Financial Times published something very similar. Then Harvard put out a paper talking about the need to eliminate high-value paper currencies, like the $100 bill and the €500 note.
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  Negative rates and the War on Cash really went into overdrive after this Davos meeting. I can’t conclusively prove that a secret meeting took place, but there’s a lot of circumstantial evidence that points to it.
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  read more.

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