http://viableopposition.blogspot.ca/2016/02/the-first-steps-to-ending-currency.html
While I don't want to
sound like a broken record, it is becoming increasingly clear that the Federal
Reserve, other central banks and governments around the world are laying the
foundation for a negative interest rate environment that will more than likely
be imposed during the next recession. Governments are involved because
they play a very key role in any movement toward negative interest rates since
it is obvious that if consumers are paying for the "privilege" of
holding funds in a bank, many will simply convert at least some of their
savings to cash, an issue that could prove to be problematic since the whole
point of negative interest rates is to get consumers to spend more.
Obviously, the only way to beat consumers at this game is to put an end
to cash, one way or another.
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