01/03/2016

Cash is the currency of freedom - by Glenn Reynolds

Jeff Fitchett: I agree with Mr Reynolds' assessment.  His article is short and to the point.  I think anyone who is paying attention knows that negative interest rates and a ban on physical cash will be attempted by the powers that be.  It is important to move your life savings out of the financial system and into assets that you have physical control over.   

"Former Treasury secretary Larry Summers wants to get rid of the $100 bill. But I think he has it exactly backward. I think we need to restore the $500 and $1000 bills. And the reason is that people like Larry Summers have done a horrible job."

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