Cash is Trash, Especially for the Post-COVID World

May 9, 2020

There’s been a concerted effort recently among the oligarchs I like to call The Davos Crowd to demonize cash. From hedge fund manager Ray Dalio pronouncing ‘Cash is trash’ earlier this year to the fea…

COVID-19 and the War on Cash: What Is Behind the Push for a Cashless Society?

April 17, 2020

Opinion

“The fact is that the government, like a highwayman, says to a man: Your money, or your life. And many, if not most, taxes are paid under the compulsion of that threat. The government does not, indeed…

“Social Distancing” Just Made Accessing Your Cash a Lot Harder

April 10, 2020

Opinion

Keeping your distance from a discernible or imperceptible threat to your wellbeing is not a difficult concept to understand. If you approach a dog and the owner warns you that the dog bites, a natural…

Coronavirus End Game: The Economic Crisis & Roll Out of the New Digital Financial System

March 16, 2020

Opinion

In this report, Spiro Skouras recaps the events leading up to the current global coronavirus outbreak, while looking ahead at the looming financial crisis and how the virus will likely be blamed, prov…

Is Sweden’s Drive Towards a ’Cashless Society’ Something to Emulate?

February 21, 2020

Opinion

Sweden is in many ways one of the most advanced countries in the world, but is its drive to become a cashless society a model others should be following? As a country Sweden certainly has a lot going …

Say No to the “Cashless Future” — and to Cashless Stores

August 26, 2019

Opinion

I went to a counter-serve restaurant recently, and when the time came to pay for my order, took out my wallet, presented a $20 bill, and was told, “Sorry, we don’t accept cash.” I was flabbergasted. W…

The Perfect Robbery, The Cashless Society

August 26, 2017

Opinion

What seemed almost like science-fiction to our parents is coming scarily close to the realm of feasibility: more and more countries are talking about stopping the production and use of cash in their e…

A Sinister War on Our Right to Hold Cash

August 22, 2017

Opinion

An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized worl…