http://www.zerohedge.com/news/2016-02-24/exposing-hidden-agenda-davos-2016
- January 20: Deutsche Bank CEO John Cryan predicted cash won’t exist in 10 years.
- January 22: Norway’s biggest bank, DNB, called for the country to stop using cash.
- January 29: The editorial board of Bloomberg published an article titled “Bring On the Cashless Future.” It called for the elimination of physical cash.
- February 4: The Financial Times ran an op-ed titled “The Benefits of Scrapping Cash.” It advocated the elimination of physical money.
- February 8: Peter Sands, president emeritus of Harvard, issued a paper titled Making it Harder for the Bad Guys: The Case for Eliminating High Denomination Notes. It advocates removing large bills from circulation to help fight the various made-up wars…the war on crime, the war on drugs, the war on terror…
- February 15: Mario Draghi, head of the European Central Bank (ECB), announced that he has essentially decided to phase out the €500 note. These notes represent around 30% of the physical euro notes in circulation. With the use of physical cash curtailed, J.P. Morgan estimates the ECB could ultimately bring interest rates as low as negative 4.5%.
- February 16: Larry Summers, a Harvard professor and former Treasury secretary, wrote an article in The Washington Post titled “It’s time to kill the $100 bill.” Summers became the latest high-profile “economist” to call for the abolition of cash. Removing the $100 bill from circulation would eliminate the value of 78% of all U.S. currency in circulation.
- February 16: Hasbro, maker of the Monopoly board game, announced that, starting in the fall, the famous game will no longer feature cash. The company is replacing in-game cash with special bank cards players scan on handheld “banking units” to make purchases.
- February 22: The editorial board of The New York Times published an article titled “Getting Rid of Big Currency Notes Could Help Fight Crime.” It called for getting rid of high denomination notes.
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