Friday 19 December 2014

2015 - a world out of cash

I am really pessimistic for 2015 .... Each part of the world must cope with major challenges ....

Cash is precious because cash represents the true financial liquidity .... However, the recent problems with the russian ruble invite us to consider the need of a new monetary system, probably with a gold backed yuan.

Cash is a very small part of the money supply .... We will cope with both inflation and deflation ..... no more cash available (deflation) .. and nevrotic speculation (inflation).

From the lambda citizen to the biggest compagnies in rhe world .... The cash is THE KEY FACTOR.

How to cope with the need of liquidity , without money printing??

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