IMF proposes tax on bank account balances
Posted: Fri May 12, 2017 11:15 pm
IMF proposes tax on bank account balances
[They are] talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly.
I think that it is a fantastic and long overdue idea!
Anything that causes a flight out of the fiat banking system is a boon. Part of the exodus will end up in cryptocurrencies such as bitcoin, altcoins, and other blockchain assets, and further increase the value of my digital assets. Therefore, I am absolutely in favour of additional confiscations and arraignments of fiat account balances, including the proposal to thoroughly deplete savings accounts through punitive taxation.
If you hold the dollar keys, it is your dollars. If you don't hold the dollar keys, it is not your dollars. In that case, you are in a master-slave relationship with a bank, and your money belongs to "others".
[They are] talking about just imposing a 10% tax on all money that deposits in banks throughout Europe. Yes – you read that one correctly.
I think that it is a fantastic and long overdue idea!
Anything that causes a flight out of the fiat banking system is a boon. Part of the exodus will end up in cryptocurrencies such as bitcoin, altcoins, and other blockchain assets, and further increase the value of my digital assets. Therefore, I am absolutely in favour of additional confiscations and arraignments of fiat account balances, including the proposal to thoroughly deplete savings accounts through punitive taxation.
If you hold the dollar keys, it is your dollars. If you don't hold the dollar keys, it is not your dollars. In that case, you are in a master-slave relationship with a bank, and your money belongs to "others".