The War On Paper Currency Begins: ECB Votes To “Scrap” 500 Euro Bill

Monday, February 15, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
02/15/2016

Update: in case there was any doubt about the ECB’s true intentions, we just got the official “denial”:

DRAGHI: ANY ECB ACTION ON EU500 NOTE IS NOT ABOUT REDUCING CASH

Translation: the ECB action is only about reducing physical cash, or 30% of it to be specific.

* * *

The first shot in the global war on cash was just fired, by none other than the ECB, which moments ago Handelsblatt reported…

The Rest…HERE

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