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Simon Rose

The Bigger Picture: Facebook's new currency & why your cash might not be safe in banks

Simon Rose
Original Broadcast:

The Bigger Picture

The Bigger Picture: Facebook's new currency & why your cash might not be safe in banks
Tim Price, director at Price Value Partners discusses the move towards a cashless society and whether it's an inevitable consequence of the financial crisis. What effect might the advent of Facebook's new cryptocurrency, Libra, have on banks, central banks and even governments and their control of money? What might the possibility of a Marxist government in the UK mean for investors? Tim posits the possibility that cash in banks may shrink overnight!

Guest: Tim Price