The War On Paper Currency Officially Begins: ECB Ends Production Of €500 Bill
by Tyler Durden
ZeroHedge.com
05/04/2016
Following the denial in February that this action is in any way about reducing cash, Mario Draghi has made his decision: ECB ENDS PRODUCTION AND ISSUANCE OF €500 BANKNOTE. And just like that the second highest denominated European bank note in circulation is dead, driving everyone into the CHF1000 Bill, and implicitly weakening the euro.
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