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 fear-mongering surrounding COVID-19 making people fearful of dealing in cash because it might be tainted the anti-cash rhetoric has been amped…
“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, waylay a man in a lonely place, spring upon him from the road side, and, holding a pistol…
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 instinct for some would be to retreat and walk on. Some, but not all. A proportion of people, perhaps consisting…
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, providing cover for the crimes committed by the central bankers. Spiro also analyzes the potential outcomes of the current situation, which includes a…
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 for it. It has a high standard of living, good universal health care, genuine equality of the…
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. What happened to “legal tender for all debts public and private,” as it says right there on the bill?…
