I have Apple Pay. I use my thumbprint. That's how it works.
Posted on 02/11/2016 1:04:34 PM PST by SkyPilot
The global Central Banks have declared War on Cash.
Historically, one of the safest things to do when the markets begin to collapse is to move a significant portion of your holdings to cash. As the old adage says, during times of deflation, "cash is king."
The notion here is that cash is a safe haven. And while earning 1-2% in interest doesn't do much in terms of growing your wealth, it sure beats losing 20%+ by holding on to stocks or bonds during their respective bear markets
However, in today's world of fiat-based Central Planning, cash represents a REAL problem for the Central Banks.
The reason for this concerns the actual structure of the financial system. As I've outlined previously, that structure is as follows:
1) The total currency (actual cash in the form of bills and coins) in the US financial system is a little over $1.36 trillion.
2) When you include digital money sitting in short-term accounts and long-term accounts then you're talking about roughly $10 trillion in "money" in the financial system.
3) In contrast, the money in the US stock market (equity shares in publicly traded companies) is over $20 trillion in size.
4) The US bond market (money that has been lent to corporations, municipal Governments, State Governments, and the Federal Government) is almost twice this at $38 trillion.
5) Total Credit Market Instruments (mortgages, collateralized debt obligations, junk bonds, commercial paper and other digitally-based "money" that is based on debt) is even larger $58.7 trillion.
6) Unregulated over the counter derivatives traded between the big banks and corporations is north of $220 trillion.
When looking over these data points, the first thing that jumps out at the viewer is that the vast bulk of "money" in the system is in the form of...
(Excerpt) Read more at zerohedge.com ...
I have Apple Pay. I use my thumbprint. That's how it works.
Oh, the Federal government would never do that!
Errr......wait.....
Precisely. Exactly. Control. Good post. Right on the mark.
Yes.
And if you go to the bank tomorrow and take out $4,000, I guarantee you the bank will send a report to the Federal authorities. The $10,000 threshold went out the window with the Patriot Act, and Obama's thugs have been threatening banks that don't send alert reports, so the banks send them all the time now for much less amounts. Remember, "structuring" is how they convicted former Speaker of the House Dennis Hastert. He paid off the blackmail using his own money, but they busted him using "structuring."
True. That scenario sounds correct for the times of the Tribulation. I believe in a pre-Tribulation rapture, so I hope not to be around at that point.
Have you heard about the dark joke going around in financial circles?
"How do you say Lehman Brothers in German?"
"Deutsche Bank."
Well, there goes my Plan B of moonlighting as a Chippendale's dancer.
John MacArthur, Jimmy DeYoung, and Brannon Howse seem to believe you CAN STILL BE SAVED after taking the MARK....
Unreal...
https://www.youtube.com/watch?v=iU3tjRq6tX4
Thanks for the PING...
2016 is really going to be a scorcher IMHO.
Keep looking up!
Yes, it’s frightening. This is going to be a traumatic year.
What if carbon is outlawed?
I really don’t think any of us Saved by Him will be here for the cashless society to play out.
Sure I could be wrong, but remember what Jesus says about the day of His coming—and He’s not referring to the 2nd coming.
It was business as usual.....
Luke 17:26-30
Well, the Bible says otherwise in several places. This means they are taking something out of the Book of the Revelation of Jesus Christ. Jesus also specifies the penalty for that as having you name taken out of the Lamb’s Book of Life. Bye, bye Heaven. Hello, Eternal Lake of Fire.
What they are doing is leading folks down the path of destruction by even suggesting that such a scenario could happen. Revelation 14:9-11 is crystal clear to most I’d hope.
Not surprised by DeYoung and MacArthur, but from Brannon Howse I am.
You may be interested in http://october-5-2017.com
It presents an in-depth analysis of The Great Sign of the Woman and The Red Dragon.
I got to thinking about this many years ago. By following my credit/debit transactions, my whole life could easily be reconstructed.
That’s when I decided to go completely cash. (Granted, there are some situations where cash won’t do; Amazon.com, et al comes to mind.) But I try hard to pay cash when ever I can. I’m not 100% traceless, but I’m way more that way than I was.
Sometimes you get strange looks when you pay with cash. Recent repairs to my truck came to $349 and change. I paid with cash and the cashier’s eyes got big when I pulled out 3 one hundred bills, a couple of twenties, a five and four ones. Oh, and the change. She said, “Sure you don’t want to pay with a credit card?” I said no, the cash will work.
The bankers can go to he!!.
The greatest robbery in history continues apace.
My point is to be careful about attributing to the Bible claims that are not there. I am not challenging the logic nor the likelihood of your claim that transactions will all be electronic or digital. They are just not something, as far as I am aware, that are described in the Bible.
There are also descriptions in Revelations of horse-mounted armies. (See chapter 8.) This would be unusual using modern warfare. However, we do not know what events may lead up to the one described that could make the use of horses a reality. Or, perhaps the horses are figurative or the best way of describing futuristic technology in first-century Greek.
As far as the mark of the beast goes, it is possible that cash transactions continue but still will require the “mark” for identification purposes. So, you may be right that financial transactions during that time are cashless, or it could turn out otherwise. We do not know for sure right now.
Here You go Matt you might wanna check this out.
We’ve gone through the Dave Ramsey Financial Peace University program, too.
Paying off a 4% mortgage has a guaranteed 4% rate of return.
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