Loading ...Leading German Keynesian Economist Calls For Abolition Of Cash
Submitted by Tyler Durden on 05/16/2015 – 14:15 
“Coins and bills are obsolete and only reduce the influence of central banks,” German economist and sole Keynesian member of the German Council Of Economic Experts Peter Bofinger tells Spiegel, becoming the latest central planning proponent to suggest that a cashless society would solve the world’s economic problems by allowing the government to control who spends what and when in a futile effort to control the business cycle.
Martin Armstrong Warns Of The Coming Crash Of All Crashes
Submitted by Tyler Durden on 05/16/2015 – 12:00 
Why are governments rushing to eliminate cash? Simply put, the central banks have lost control of the ability to stimulate anything.