Those who think the War on Cash is a new phenomenon are missing the Big Picture.
The War on Cash has been unfolding since at least 2013 if not earlier. And it’s not really a War on Cash… it’s a desperate attempt to prop up failing financial institutions.
Let’s wind back the clocks…
Back in 2013, the small European country of Cyprus implemented a “bail-in.”
This means that the bank STOLE savings (cash) from depositors, to shore up its balance sheet.