The Daily Reckoning Australia
 
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Dear Reader,

The history of money is entering a new chapter…

That’s how the International Monetary Fund described the launch of a new, programmable currency that many major nations are developing as we speak.

Once it launches, it could give the authorities extraordinary power to track and control where and when money is spent.

Every cent could be under 24/7 surveillance…

Money could be programmed so it only works on ‘approved’ purchases…

Allowing the State to potentially intervene in what you do with your money.

You won’t be surprised to hear that China is a couple of years ahead of the game in rolling this new form of money out.

Could this happen here in Australia?

You could be in for a big shock.

Best,

James Woodburn Signature

James Woodburn,
Publisher, Fat Tail Investment Research

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