Financial Crash: Not Only Bank Deposits, But Even Cash Is Jeopardized

April 18, 2019 — A barely noticed report published by the staff of the International Monetary Fund in February 2019 suggests that financial authorities are considering a devaluation of money in order to save the financial system from the impending collapse. The report, titled Monetary Policy with Negative Interest Rates: Decoupling Cash from Electronic Money proposes to depreciate physical money (and not only bank deposits) in order to allow an ample margin for negative rates.Hier   weiterlesen