The world bank made this intention quite clear on their website for a long time. It stated until they remove cash it would be impossible to charge negative interest rates which is their end goal.
The world bank made this intention quite clear on their website for a long time. It stated until they remove cash it would be impossible to charge negative interest rates which is their end goal.
If i have to pay a bank to store money with them, then why would i store money with them?
If i have to pay a bank to store money with them, then why would i store money with them?
... Because if you don't it Will expire and have no value.
... Because if you don't it Will expire and have no value.
Right right... but why would i save in dollars?
Right right... but why would i save in dollars?
They intend to force you to.
They intend to force you to.
Thats exactly why they want to take cash away! While ever cash exists you can store it yourself, when all money is electronic they will be the only ones capable. You should still be able to find their plans on the world bank website unless its been deleted.
Thats exactly why they want to take cash away! While ever cash exists you can store it yourself, when all money is electronic they will be the only ones capable. You should still be able to find their plans on the world bank website unless its been deleted.
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