Goodbye $100 Bill? Ex-Central Banker Demands All High-Denomination Banknotes Should Be Abolished
by Tyler Durden
ZeroHedge.com
09/25/2015
Earlier today yet another “very serious policy maker” confirmed that cash as we know it, may be on the endangered species list – again, a necessary precondition to make global NIRP effective – when overnight former Bank of England central banker, Charles Goodhart, told a London audience that bills such as the Swiss National Bank’s 1,000-franc note and the European Central Bank’s 500-euro note should be abolished, adding this “move that might also prove beneficial by trimming interest rates.”
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