Topic: Currency Ban

1 chapters across the catalog

Paraphilia
Episode 373 1:08:52 - 1:13:37

373: Paraphilia

500 Euro Note Ban Prediction

Adam Curry revisits a prediction from his "Red Book" regarding the potential banning of 500 Euro notes. He cites a recent BBC report suggesting that these high-denomination bills are primarily used by organized crime for money laundering. Curry argues that banning the notes is a bookkeeping trick to shore up European bank balance sheets.