« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: Citibank says get rid of Currency! 

By: ribit in FFFT3 | Recommend this post (1)
Wed, 15 Apr 15 2:32 AM | 30 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 11560 of 65535
(This msg. is a reply to 11544 by faul)

Jump:
Jump to board:
Jump to msg. #

faul
...the primary reason for the existence of banks is to track the comings and goings of every dime so that the government gets a share every time one changes hands.




Avatar

Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!




» You can also:
- - - - -
The above is a reply to the following message:
Citibank says get rid of Currency!
By: faul
in FFFT3
Tue, 14 Apr 15 2:55 PM
Msg. 11544 of 65535

"He said that there are only three constituencies left for cash. The elderly and the poor depend on cash and can be helped, he said. Criminals also depend on cash because it is anonymous. The third complaints will come from libertarians who “should take one for the team,” he said."

"A key reason that central banks can’t set rates as low as they would like is cash. The theory is that savers would take all of their money out of banks rather than be charged a negative rate."

Citibank wants Central Banks to introduce 5% negative interest
rates & to Prevent you taking out Your Cash they want to BAN
cash & Force everyone into digital currency.

You really are A STUPID IGNORANT FOOL if you still
believe you live in a Free Society!!Any society where
you are forced to hold your money in a Bank & pay them
5% a year while they block you from taking out your money
& using cash,as that makes you a criminal,is NOT A FREE
SOCIETY

http://www.marketwatch.com/story/why-central-banks-should-embrace-negative-interest-rates-and-get-rid-of-currency-2015-04-13?siteid=yhoof2


« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next