An American financier Martin Armstrong, best known for his economic predictions, is deeply concerned over the cash elimination.
The European countries are reportedly to eliminate cash in favour of electronic transactions, which will be easily controlled by the government.
Also read: Denmark the first to ban cash
Armstrong warns, that digital currency transactions offer total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line.
Martin also reports on a secret meeting in London with the aim of getting rid of any economic privacy that remains, by ending cash.
"I find it extremely perplexing that I have been the only one to report that there is a secret meeting in London where Kenneth Rogoff of Harvard University and Willem Butler the chief economist at Citigroup will address the central banks and advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval."
Read article on the Russian version of Pravda.Ru
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The aggravation of the relationship between Russia and the USA that started unfolding during the presidency of Barack Obama has evolved into a real war during the arrival of Donald Trump. The United States has conducted a series of powerful attacks on Russia in the economic field. However, it is the EU that poses the biggest threat for the US
So some film producer called Weinstein has been abandoned by family and friends, and company, forced into therapy with shrinks as women come flying out of the floorboards from thirty years ago claiming they were raped in hotel rooms. So let's get this sex thing straight and let's put things into context. And ask how far up the line this will go.