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Find UFOs, The Apocalypse, New World Order, Political Analysis,
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Rumor Mill News Reading Room, Current Archive
Feds Want To Withdraw The $50's And $100's.... Here's What They Say Versus The Real Reason....
Posted By: Watchman Date: Tuesday, 16-Feb-2016 22:01:13
www.rumormill.news/40307
A former top economic advisor is calling on the Treasury to do away with $50 and $100 bills, claiming that larger currency denominations make it easier for criminals and terrorists to do business. But as with all “for security” arguments, there’s an entirely different hidden motive at play.
What They Say---
Larry Summers, an ex-treasury secretary who served as an economic advisor to the Obama administration, argues in a recent Washington Post blog that large bills such as the U.S.’s $100 and the European Union’s 500-euro bills aid in corruption and criminal activity throughout the world.
His rather simplistic basis for the argument: Large sums of money consisting of big bills weigh less than if they were made up of smaller currency denominations.
To make it harder for criminals to move money unnoticed, Summers is calling for “a global agreement to stop issuing notes worth more than say $50 or $100.”
Why They Really Want To Do It...
Withdrawal and destruction of 200 Billion worth of large bills, would give them leave to NEWLY PRINT 200 billion of smaller denominations, right? It's Simple... Print More Free Money For The Banks...
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RMN is an RA production.
Articles In This Thread
- Feds Want To Withdraw The $50's And $100's.... Here's What They Say Versus The Real Reason....
Watchman -- Tuesday, 16-Feb-2016 22:01:13
- Larry Summers - The Virus That Won't Go Away
Lion -- Wednesday, 17-Feb-2016 12:11:51
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