Friday, April 29, 2016

Forbes Video: Retiring The C-Note Is A Ruse, Says ECRI

By SIMON CONSTABLE
There is an establishment move to eliminate high denomination currency, such as the hundred dollar bill and the 500 euro note. The typical reason given is that doing so would help crime. However, not everyone is buying that logic.
It’s actually a ruse, says Economic Cycle Research Institute cofounder Lakshman Achutan. Watch, listen and learn in this video.

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