Posted on 02/12/2016 3:48:56 PM PST by Olog-hai
When it was announced late last week that the German government planned to set a €5,000 limit on payments with cash, it barely raised an eyebrow in our newsroom.
Limits on cash transactions are standard in other large European countries, including Italy, France and the UK, and this seemed to be a case of conservative Germany slowly falling in line with its neighbors.
We should have known better.
The outcry came from all quarters, with the populist right-wing Alternative for Germany (AfD) just as vocal as the right-on left-wing Green Party and the liberal Free Democratic Party (FDP). Economic weekly WirtschaftsWoche made the plans the cover story on Friday's edition, titled "Save cash!" [...]
The immediate suspicion was that - far from being aimed at preventing terrorism and organized crime as the government professed - the move was meant to help the state pry into the smallest minutiae of Germans' lives. ...
(Excerpt) Read more at thelocal.de ...
Is the pope a raging liberal? Of course they should fear a limitation on freedom. FREEDOM!!!!
if its their money, then it actually sounds illegal.
yes the pope is a raging liberal... but what does he have to do with this article?
Weimar Republic — make cash impossible by inflation.
Merkel Republic — make cash impossible by fiat.
Just a play on the old phrase “is the pope Catholic” in response to an obvious question.
And when has that ever gone wrong?
Bring a wheelbarrow full of debit cards to pay for your pocketful of groceries.
Remember Cyprus!!!
..Are Germans right to fear limit on cash payments?...
A bigger fear should be the invading Muslim savages they allowed in. If the invading horde is successful, the cash payments issue will be kids play.
thanks.
They are using the former as an excuse to implement the latter, take note.
WE WANT TO HOLD ON TO “YOUR” MONEY
This is only about $5600.00.
I would be enraged.
If I want my cash——I want my cash.
It’s as simple as that.
.
Then 500, then 50, then
“put your hand in the machine or we can’t add value to your ComradeCard.”
Is George Clooney gay?
Clooney?
I am more interested to know if he poops in the woods.
Yes. Cashless schemes allow for “negative interest rates” to be applied on “deposited” money. If you have all of your money in a bank the government can charge you to hold it, tax everything you do, and know everything you do.
And who doesn’t like a stack of hundreds.
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