Skip to content

Tag: Hoarding Cash

Fleeing to the Dollar because of the Delta Variant?

In Germany, they have now determined that 40% of all cash in the system is currently being hoarded. The German press, DWN, is also reporting that “Because of...

The Paradox of Cash

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...

Hoarding Cash

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...

Hoarding of Cash Doubles in Switzerland

The most valuable paper currency is the Swiss 1000 franc note. The Swiss are withdrawing money from banks and storing it at home. Sales of safes have skyrocketed...