The problem is, with bank runs being a major possibility, most major economic powers are moving quickly over to a completely cashless society.
Even today, most banks carry very little cash. This also risks people losing their money to bail-ins which are being proposed globally.
We have been warning about these possibilities for a decade but today we are facing the struggle. Stephen Kendal breaks down his thoughts on bank runs, bail-ins and a cashless society.
Tim Picciott adds his thoughts on the issue as well from the perspective of a financial adviser.
