Why The Keynesian Market Wreckers Are Now Coming For Even Your Ben Franklins
Yes. They want to force people to consume, to take on more debt. We have a debt fueled economy. NIRP won’t work—at least not to any great extent—unless they control cash. Eliminate cash and force everyone into digital accounts, and one could go deeply into NIRP territory.
The $100 bill stands in the way. With it, people can still control significant amounts of $ outside the banking system. Try carrying $10K in $20 bills versus $100 for example. If the $100 is eliminated, they can transition smoothly to a cashless society. Smaller bills would still be available (temporarily) for small purchases. Big, private transactions would be eliminated.
Some will say this will stop a lot of crime. Perhaps, but it will also make us slaves. It brings to mind a certain prophecy where people will be unable to buy or sell without the mark of the beast. Yeah. That’s where I think we’re going.