May 8, 2015 at 12:05 am #40774
Very good article, controlly cash would control the people. We can’t let this happen!
The Push to Ban Paper Currency: Economic Freedom at Stake as Banks attempt to Ban CashMay 8, 2015 at 1:20 am #40777
This banning of paper currency issue is getting a lot of press lately. I can’t conceive of how it would ever work. There are many poor people and people with really bad credit that can’t get credit cards or even bank accounts. My n’er do well nephew was living on a totally cash basis for a while after he totally screwed up his finances and could get neither a credit card or bank account. After his Dad died I had to call 6 or 7 banks trying to get someone to agree to open up an account for him to deposit a $340,000 life insurance check into. At the time he was well employed even. Of course within two years he pissed away every cent of that plus an additional $27,000 he inherited from my mother in the same timeframe, but that’s another story. Some people have no choice but to pay their bills in cash. Throw in the fact that not every vendor is in a position to accept credit cards, and a cashless society becomes really problematic.May 8, 2015 at 11:42 am #40790
A cashless society is a way to control virtually everything because only aproved income streams can be used to receive payments. They plan to capture taxes people don’t pay using cash transactions. Basicly they intend to squash small and independent business. On another level no more personal exchange of cash for goods and services. Even yard sales and flea markets will be gone.May 8, 2015 at 12:41 pm #40797
What better way to control the populace, than with a cashless system?
If you don’t sing to the tune of those in power, they simply block your cards and then how are you going to survive if you can’t buy general everyday items?
I also see it as the perfect stepping stone to progress to a “one world currency” and whatever may follow from there. At least Africa is still so backwards compared to the rest of the world that I doubt it will happen here any time soon.May 9, 2015 at 5:50 pm #40860
Flying into the States between assignments I found myself in need of a rental car. I had no credits cards back then so I offered cash. Woman behind the desk looked like I slapped her with a dead fish!
RobinMay 9, 2015 at 7:53 pm #40863
Currently businesses that accept credit cards, have their sales reported directly to the IRS by the card companies. If all electronic transfers are reported there is no escaping their scrutiny.May 9, 2015 at 8:23 pm #40865
Small businesses prefer cash , they would rather go to the safe to break a large bill , than pay for the fee they get charged when somebody uses a card .
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