Cashless Society

11/07/2010 14:10
From ITN:  New credit cards with 'contactless' technology are being rolled out to millions of credit card users, a sign that cash could one day become a thing of the past. The new technology on the cards allow users to simply 'tap' their credit cards over a payment terminal for purchases...
09/22/2010 20:20
From Numismaster.com:  Sweden may be a member of the European Union, but to date it has opted not to join the EU’s currency union. If some people in Sweden have their way it may never be necessary to join the currency union, since they would rather see all coins and bank notes replaced with...
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One World Monetary System

05/21/2014 20:38
US Economist James Rickards’ New York Times best-selling book, The Death of Money: The Collapse of The International Monetary System, is an extensive reference work on the reasons the dollar will cease to be the world’s reserve currency and provides an overview of the current landscape of the...
04/25/2014 03:50
Willem Middelkoop and Terence van der Hout of the Netherlands-based Commodity Discovery Fund believe that when the world’s reserve currency is reset away from the U.S. dollar in the next decade, gold prices will rise and mining equities will follow. Van der Hout and Middelkoop tell The Gold Report...
01/30/2014 20:39
The World Bank's former chief economist wants to replace the US dollar with a single global super-currency, saying it will create a more stable global financial system. "The dominance of the greenback is the root cause of global financial and economic crises," Justin Yifu Lin told Bruegel, a...
05/16/2013 15:16
Pope Francis has attacked the “dictatorship” of the global financial system and warned that the “cult of money” was making life a misery for millions. He said free-market capitalism had created a “tyranny” and that human beings were being judged purely by their ability to consume goods. Money...
01/24/2013 06:54
BRUSSELS - For those suffering from eurozone crisis syndrome, it is easy to forget that an economic world exists beyond the EU's borders. For all the talk of recession and depression it would be a mistake to think that economies are in retreat the world over. In reality, most of the world is...
12/13/2012 06:43
Finance ministers have agreed to hand the ECB powers to police eurozone banks in a new phase of closer integration to underpin the euro Now the current Italian prime minister Mario Monti is speaking in Brussels but will not be drawn on his future. He says:     It seems more...
11/15/2012 21:03
BRUSSELS - In Greek mythology, the Phoenician princess Europa was abducted and raped by the king of the gods, Zeus. But her image will from next year replace pictures of windows and doors on euro banknotes as a security and deocrative feature. "Portraits have long been used in banknotes...
10/25/2012 21:39
The financial crisis, the 2008/09 recession, the banking scandals that have followed, and today’s limping recovery are all linked. The common factor is the absence of a real international monetary and banking order. Only when such an order is restored will companies and consumers feel confident...
01/01/2012 07:37
Reuters:  The euro could become the world's leading currency in the next decade if leaders of the single-currency bloc succeed in tightening fiscal integration, European Central Bank policymaker Christian Noyer said in an article to be published in the Journal du Dimanche. European leaders...
11/17/2011 05:37
BI:  Yesterday German Chancellor Angela Merkel came flat out and said, "To save the Euro we must Destroy Germany". Well not exactly, but she may as well have because that is the implication. This is what she did say: Germany Is Ready to Cede Some Sovereignty to Save the Euro Chancellor...
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