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2021/08/02

The Death of Cash

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The Death of Cash


I just got this important note from Andy Snyder, the founder of Manward Press. He asked me to send it to you as quickly as possible. Check it out.

- Rebecca Barshop, Senior Managing Editor


 

Did you hear the news?

Bank of America just declared digital money "more effective than cash."

In a new report, the behemoth bank said that digital money issued by a central bank could "replace cash completely in the (distant) future."

That's a scary idea. It's coming sooner than anyone thinks.

But the news gets worse.

Sheila Bair - the former head of the FDIC - came out last week and said she supports the growing idea of the Fed using digital money to spur the economy.

"If we are going to print money to support our economy, then let's print it for the people," she wrote.

Of course... it's not that simple.

The government wants to know where its money is going.

Bair also wrote, "The Fed could know the identity of the recipient, and track the money to make sure it reached its intended beneficiaries."

It's the death of cash... and the death of privacy.

I'm convinced this is all setting us up for a major economic jolt.

It's exactly what I've been predicting.

And it could all start to unfold at a major closed-door meeting on September 22.

Here are all the details you must know today.

Be well,

Andy
Founder, Manward Press

P.S. There are some things you can do to avoid the fallout. It takes just five simple steps. The details on what you need to get started are here.

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