I reported on the Private Blog that I had a copy of the legislation and I was told it would be introduced today – Monday 28th. That info was correct. Well, here it is!. Reps. Stephen Lynch (D-Mass.), Jesús Chuy Garcia (D-Ill.), Ayanna Pressley (D-Mass.), and Rashida Tlaib (D-Mich.), all Democrats, have introduced the […]

I went to the bank for other reasons, and since I was there, I asked for 10k in cash. They said I had to order it. I asked what they could give me, and they replied that there was a limit of 2k. I said I just wanted the cash in case of power grid […]

Martin Armstrong – Central Banks, Inflation, Dow, Civil Unrest, Oil, Natural Gas, Cryptos, Cash, Experimental Injections Click here to listen to Martin Armstrong’s latest interview (his segment begins around the 9-minute mark). 

I have warned that Europe is the epic center for the decline and fall of Western Culture and economic strength. While the US has not yet joined Europe, the Democrats are licking their lips and trying desperately to figure out how to kill cash forcing everything to be digital in search of cash. In Europe, […]

Moderna, the company that produced its first vaccination under Operation Warp Speed, said it is close to producing a new vaccine for the omicron variant. The news comes just days after the omicron variant was first reported publicly and before the scientific community had a chance to study the variant that has over 32 strains. […]

While central banks are hard at work trying to come up with the magic bullet to kill cash and avoid having to bail out bankers again, they are faced with what has been termed the “Paradox of Cash,” whereby the demand rises in the face of declining use of cash in normal transactions. In Europe, […]

PRIVATE BLOG – Is Cash Starting to Move to Tangibles? Is the Crack Here? Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/

  Countries are moving to digital currencies at lightning speed. This is the future of money. Digital currencies will replace cash on an ASAP agenda. We are witnessing Europe, Canada, Asia, and even China all moving toward this new digital world for (1) total control, (2) taxes, (3) to track everyone and every transaction. We […]

The reason there is a shortage of cash developing around the world is rather straight-forward. The trust in the government is collapsing. Italy has just lowered the legal amount someone can pay for anything in cash from €3000 to €2000. Australia made it a criminal act to pay for anything with A$10,000 or more (US$7,000).  […]

QUESTION: Dear Mr Armstrong, Here is a softball question for the holiday weekend. If US currency is legal tender, aren’t retail stores obligated to accept it? This would seem to restrict the ability of retail stores to 1) demand electronic payment and 2) reject payment using $100 bills. Happy 4th to you. MB ANSWER: You are […]