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Publications

The Macroeconomics of De-Cashing – IMF

Published: 27 March 2017

The paper presents a simple framework for the analysis of the macroeconomic implications of de-cashing. Defined as replacing paper currency with convertible deposits, de-cashing would affect all key macroeconomic sectors. The overall macreconomic impact of de-cashing would depend on the balance of growth-enhancing and growth-constraining factors. Starting from a traditional saving-investment balance, the paper develops a four-sector macroeconomic framework. It is purely illustrative and is designed to provide a roadmap for a systematic evaluation of de-cashing. The framework is disaggregated into the real, fiscal, monetary, and external sectors and potential implications of de-cashing are then identified in each sector. Finally, the paper draws a balance on possible positive and negative macroeconomic implications of de-cashing, and proposes policies capable of augmenting its economic and social benefits, while reducing potential costs.

http://archive.today/2022.11.25-093919/https://www.imf.org/en/Publications/WP/Issues/2017/03/27/The-Macroeconomics-of-De-Cashing-44768

Categories
Opinion

Freedom Day? You have a barcode on your forehead – The Spectator

Our government has used Covid as an excuse to turn Australians into digital products. It is the perfect scam. Every dictatorship knows that humans are cheap, renewable, and disposable. Our digital identities are worth a fortune to the right third-party buyer, while the ability to track and control our movements presents a unique opportunity for politicians wishing to manage democracy instead of being a victim of its whims. 

http://archive.today/2021.10.11-231353/https://www.spectator.com.au/2021/10/freedom-day-you-have-a-barcode-on-your-forehead/

Categories
Alternative Media Videos

Fight the Banksters with Cash Friday – #SolutionsWatch – The Corbett Report

James Corbett and Catherine Austin Fitts talk about a wealth transfer that is going unnoticed by most of the public.

While you were distracted by the scamdemic, the banksters have been working on the greatest wealth transfer in the history of the world. It’s called the Going Direct Reset, and it’s going to fundamentally transform the monetary system as we know it. Today Catherine Austin Fitts of Solari.com joins us to talk about this transformation and what we can do about it.

Categories
News

The Britcoin revolution! Rishi Sunak plans to introduce official digital currency to rival cash in ‘biggest upheaval in the monetary system for centuries’ – Daily Mail

Cash in people’s pockets would be superseded by a new ‘Britcoin’ digital currency in a plan being pushed by Chancellor Rishi Sunak.

In what Treasury insiders say would be the biggest upheaval in the monetary system for centuries, the Bank of England would establish a direct digital equivalent to physical money and take control of it in the same way as sterling.

Its supporters in the Treasury say that it would allow the Bank to give the economy a boost in times of financial crisis by paying the ‘Britcoins’ directly into people’s bank accounts.

http://archive.today/2021.09.05-183124/https://www.dailymail.co.uk/news/article-9821855/Rishi-Sunak-plans-replace-cash-official-digital-currency.html

Categories
Alternative Media Videos

Big Money, Creepy Technology & Cash Friday – The Solari Report

Investigative journalist Whitney Webb joins [Catherine Austin Fitts] to discuss her latest excellent exposés of the high-tech push for central control.

https://home.solari.com/special-solari-report-big-money-creepy-technology-cashfriday-with-whitney-webb/

Categories
News Opinion

Coronavirus Lockdown and What You Are Not Being Told Part 2 – Off-Guardian