ECB likely to decide next week to scrap 500-euro bill

``The European Central Bank is likely to decide at its May 4 Governing Council meeting to scrap the 500-euro ($564) banknote, a source familiar with the discussion said, a move that could add to the ECB's tensions with Germany. Germany was an early champion of the 500-euro note which matches the value of its old 1,000 mark note and caters to Germans' traditional preference for cash over electronic money.'' -- Of course this is totally because of criminals, not to lock people into a central banking system of negative interest rates and other assorted means of "financial repression"....