Posted on 02/17/2016 7:06:02 AM PST by Roman_War_Criminal
The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accearnest late last spring. For example, here are a few excerpts from the post, Martin Armstrong Reports on a Secret Meeting in London to Ban Cash:
(Excerpt) Read more at libertyblitzkrieg.com ...
I find it extremely perplexing that I have been the only one to report that there is a secret meeting in London where Kenneth Rogoff of Harvard University and Willem Butler the chief economist at Citigroup will address the central banks and advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval. When I Googled the issue to see who has picked it up yet, to my surprise Armstrong Economics comes up first. Others are quoting me, and I even find it spreading as the Central Bank of Nigeria, but I have yet to find reports on the meeting taking place in London when my sources are direct.
Other newspapers who have covered my European tour have stated that the "crash" of which I speak is the typical stock market rather than in government. What is concerning me is the silence on this meeting where there are more and more reports about a cashless society would be better.
If we look at the the turning points on the ECM, yes they have been to the day when there has been a concentration of capital in a particular market. However, it has also picked the turning points in political decisions such as the formation of the G5 with 1985.65, the very day Greece asked for help from the IMF in 2010, to the day of 911. What we better keep one eye open for here at night is this birth of a cashless society coming in much faster than expected. Why the secret meeting? Something does not smell right here.
To which I added my own observation:
In the mind of an economic tyrant, banning cash represents the holy grail. Forcing the plebs onto a system of digital fiat currency transactions offers total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line.
The cashless monopoly version has been out for years, I use it in my accounting class as part of the midterm exam.
SOURCE OF worry!!!
TALK ABOUT TOTAL control!
God help us EVERYONE!
The old aphorism,”bad money drives out good” still applies. Do away with cash? Another medium of exchange will take its place.
You will be made to give up whatever amount we decide.
Suckers.
Hahaha!
NWO
And still, some critics scoff at gold.
We already have a cashless society. It is not mandatory but it is in very wide use on a global basis. (I can place an order on ebay to a merchant in Hong Kong with payment accomplished by Pay pal with delivery through the US mail )
That does not mean that the system is total or even tries to be.
The coming acceptance of Apple pay and other payment systems accomplished on a smart device communicating with another smart device is going to increase the trend. (if it works well)
I have very little use for cash and no use at all for change. The primary use for actual cash is my barber. I suspect that that may change now that my young barber and colleagues have split off from the old shop run by an old man.
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