Tag: bank

Cashless Trap has sprung leaving millions snared

According to experts, the uniquely low use of cash money in Sweden leaves the country more vulnerable to emergencies and hack attacks, prompting the authorities to explore alternative options such as digital currency. The share of cash in Sweden’s money supply has reached a historic low at SEK 62 billion ($7.2 billion), the lowest level measured, at merely 1.33 percent of current transactions.

Making the Aussie Banksters Pay: A Victory to The Little People

Ever since the Commonwealth Bank of Australia was privatised in the 1990s, Australians have lived increasingly under a bankers’ dictatorship. The Banking Royal Commission in 2019 revealed shocking abuses by the banking industry. This included charging customers for as much as a billion dollars for services that were never delivered. And that’s just the tip of the iceberg.