MARK BARNES: In a world where nobody wants cash, proceed with caution
It’s not just in the financial system — major corporates are also handing back the cash
09 May 2021 - 00:07
Cash is no longer king. It has been dethroned by the very institutions charged with its conservation. Central banks around the world (with the possible exception of ours, actually), can no longer be regarded as entirely independent of political interference — evidenced by the populist agenda of quantitative easing which, I have argued, has failed...
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