Posted on 01/31/2016 10:57:04 PM PST by MarchonDC09122009
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash
http://www.zerohedge.com/news/2016-01-31/bloomberg-op-ed-calls-end-cash
So It Begins: Bloomberg Op-Ed Calls For An End Of Cash
Submitted by Tyler Durden on 01/31/2016
In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like ("by forcing people and companies to convert their paper money into bank deposits, the hope is that they can be persuaded (coerced?) to spend that money rather than save it because those deposits will carry considerable costs"), and briefly after we laid out the countless recent warnings from "very serious people" that cash is evil and should be banned:
1. Norway's Biggest Bank Demands Cash Ban 2. Bank Of England Economist Calls For Cash Ban, Urges Negative Rates 3. Citigroup's Gold "Expert" Demands A Cash Ban 4. Leading German Keynesian Economist Calls For Cash Ban
... while warning to await a full-on coopted media assault about the dangers of cash "which is an anacrhonysm from a bygone era, and that the world will be so much better if only everyone dutifully exchanges the physical currency in their pocket for digital, traceable, and deletable 1s and 0s", none other than Bloomberg issued an editorial Op-Ed in which it had one simple message: "Bring On the Cashless Future."
For those who were amused by our warning that a cashless world may be coming, here is precisely why the warning was issued, in Bloomberg's digital ink:
5. Bring On the Cashless Future - Bloomberg..."
(Excerpt) Read more at zerohedge.com ...
Easier and quicker to confiscate when it is electronic.
Trust machines to make big decisions, programmed by fellas with compassion and vision... as my favorite philosopher once sang.
This makes it easier to confiscate anyone/everyone's wealth.
Trump better win this election; nobody else will even try to stop this.
I must be getting really old... back in the day, saving was a good thing.
As I said in your other thread, the mark is coming.
They can put a fee and tax on every transaction plus go to negative interest rates easier.
For later
How ‘bout we keep the Cash and abolish the Federal Reserver, how well would you like THAT, bloomie?
Its like they don’t even know how some people will react to being forced to have electric money in the bank and to get a negative interest rate.
I would recommend they complete the magic magnet gun control agenda first.
Thieves are allowed to be stopped by force.
What about all the people in the world who can’t handle bank accounts. And there are plenty of’em, believe me.
Bankers will make money as they always do -
Charging you fees for transactions, low / no interest for deposits, much higher interest charges on loans, and collusion kickbacks from a gov’t that LOVES the idea of taxing all transactions just as the UN has requested for years.
BTW, I hate to break it to you.
I know you and other Donald Trump supporters are earnest in your trust in him fixing America.
However, it’s wise to use a critical eye and mind when thinking Mr. Trump will take on the banking establishment.
1. Trump owes Billions in bank funding for his real estate portfolio and he enjoys the privileged relationship he has with the Too Big to fail banks that loan him project money.
2. He golf’s and socializes with big bankers and brokers.
He’s not going to take them on, since he’s been in bed with them since the 1980’s.
RE: “How are they ( the ones calling for this ) going to make money out of this? And you know that they shall, otherwise what’s the point of it?
This makes it easier to confiscate anyone/everyone’s wealth.
Trump better win this election; nobody else will even try to stop this.”
Yep.... expect ‘all’ the global elites around the world and in the financial sectors to be on board......all indications are they’re closer to the goals of One World Governance of all financial services, organizations, entities of Insurance education etc where large amounts of currency are generated. The flow of which will surely be “managed” to their coffers of power.
PS...Trump is on board as well.
No cash means no freedom.
No thanks, I’ll stick with something tangible, rather than electronic.
Elites care not, useless eaters will die.
It has been written -
Georgia Guidestones - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Georgia_Guidestones
The Georgia Guidestones is a granite monument erected in 1980 in Elbert County, .... The engraved suggestion to keep humanity’s population below 500 million ... <————<<
GuideStones are thought to be commissioned by Trump-like megalomaniac Billionaire CNN founder Ted Turner.
RE: “What about all the people in the world who can’t handle bank accounts. And there are plenty of’em, believe me.”
Yep from Fiat currency, to invisible fiat currency. Ddin’t bitcoin’s collapse last year teach these bozos anything?
But with electronic money the government will have you one mouse click away from financial ruin. That will insure your obedience to the governments whims and fancies.
I will always be loyal to the Constitution, that doesn’t necessarily mean I will be obedient to the PTB.
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