As We Suspected All Along

Submitted by Hardscrabble Farmer

Ah, yes, of course. A human can be free and clear of it after a week, but those inanimate tens and twenties…

Via ZeroHedge

Coronavirus Survives On Banknotes For Up To 4 Weeks, Study Finds, As Cash Usage Plunges

We highlighted an intersting development on Saturday that appeared to go largely unnoticed by the general public, despite its potentiall profound implications for the global economy. The BoJ joined the Fed and the ECB in launching a pilot program to explore the use of a digital currency inspired by bitcoin and its many rivals.

Just one day later, Bloomberg revived concerns about paper money contributing to the spread of COVID-19 by publicizing the findings from a new study suggesting that SARS-CoV-2 can persist on banknotes and coins for weeks. The research appears to be credible: it was conducted by Australia’s top biosecurity laboratory, which published  a report highlighting the risks of paper currency, touch screens and handles like doorknobs.

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No Change on the Way to No Cash

Guest Post by Eric Peters

When people are terrified, it is hard for them to think – which probably explains why they seem unable to now. Can it possibly be a coincidence that as the number of “cases” endlessly reported is increasing, the amount of change available at stores is all of a sudden decreasing?

Could the two be  . . . connected somehow?

Is it credible that – all of a sudden and right now – there’s no change in the till, just by chance? When such shortages have never happened before?

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