French Finance Minister Michel Sapin has announced increased control of “the use of cash in France.” Starting from September 2015, French daily Le Parisien reports, all cash transfers will be monitored, leading mostly likely to cryptocurrency regulations being tightened. The restrictions proposed by Sapin planned to take effect this September will include a 1000-euro limit on cash payments and mandatory reporting by banks of accounts which exceed 10,000 euros per month to the Money Laundering Authority TRACFIN. Regulations will also be refocused for “financial instruments that escape the oversight of the financial system,” Forex Magnates reports. Le Parisien did not …

Every major global currency is down against the US dollar for the past 200 days. This has been intentionally engineered by central banks and governments in order to stimulate their weak economies by devaluing their currencies in order to become competitive in global trade. The Almighty Dollar As has been talked about for many months in previous articles, the USD has been the key driver of the global economic situation. Below is a chart of the USD versus all major currencies over the last 200 days. Notice they are all down at least 8%. The euro continues to move towards …

For centuries, governments with a global presence have always thought that they could benefit the world if only they were given more time and more money. In some countries, the time aspect is controlled by general elections and term limits, even though a similar party usually takes over and not much changes. The more immediate problem, however, is making sure there is enough money to accomplish what most global leaders think will benefit society, their voters and quite often, benefit themselves to remain in power. With the global economy looking like it’s slowing down, as major countries begin to damage …