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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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To: carranza2 who wrote (66004)9/13/2010 7:48:45 PM
From: TobagoJack  Read Replies (2) of 217620
 
just in in-tray

he calls for doing away with cash altogether - in order to produce more inflation (since currency can not be subjected to negative interest rates) - are becoming more frequent and noticeable.

online.wsj.com
snip:
“The first method does away with currency completely. This has the additional benefit of inconveniencing the main users of currency — operators in the grey, black and outright criminal economies. Adequate substitutes for the legitimate uses of currency, on which positive or negative interest could be paid, are available.”

a critique: acting-man.com

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