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Message:: [QUOTE="doug444, post: 2611734, member: 38849"]"Printing more money" and the "War on Cash" are two completely-different subjects, and there's minimal connection between them.  The first sustains the country's bond market, essentially preventing default of more borrowing; the second attempts to scrutinize and control the individual, for political or "moral" purposes, under the guise of preventing money laundering, black market transactions, and/or moving cash in or out of the country, etc. For instance, China's main efforts of the past twelve months has been the imposition of severe capital controls, but its residents have been encouraged to buy more gold, even to the extent of opening government-licensed and -controlled "gold shops."  That phase of micro-management seems to be coming to an end.  Also, the rising price of oil has hurt China's central financial planning significantly.  China's biggest fear is rising (global) interest rates, and that's where the U.S. Treasury can put the squeeze on them. The "war on cash" targets individuals collectively, not the country's macro-economics.[/QUOTE]