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By the time Madame Lagarde is done a lot of people will be praying to still have something in the bank to pay negative interest for. With the current inflation
by buran77 4y ago
By the time Madame Lagarde is done a lot of people will be praying to still have something in the bank to pay negative interest for.
With the current inflation €10.000 will be worth far less in the near future, and I'm certain the amount won't be updated yearly to account for that. This 10k "magic number" has stayed the same for a long time. This isn't about money laundering as much as about control over even relatively low value cash transactions.
- defaulter4once 4y agoLagarde is a criminal with connections... https://www.bbc.com/news/world-europe-38369822 https://www.bbc.com/news/world-europe-38369822 "A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment."