Only a matter of time before the government makes cash illegal and forces us to use debit cards from the US Treasury.
I used to think they would ban cash too.
But after practicing criminal law (as defense attorney and prosecutor) I’m now convinced they won’t do such a thing.
If they did, it would seriously impair the drug trade. They don’t want that.
Way too many government jobs and “policing for profit” opportunities at stake.
I don't disagree that it may happen and sooner then most expect. My problem is a lot of my monthly outlay of cash is on autopilot. Things like the cable bill, electric and natural gas, premiums on my health care supplements, and others are all funded by vendor direct withdrawal from a bank account. If bank transfers are blocked, paying your bills is going to get a lot more complicated.
I foresee problems with using credit cards too. If you have to use a Fed supplied debit card for all transactions, who decides when you've hit your limit? I don't think I'm going to like what coming.
Is the Fed Treasury going to confiscate your savings and checking accounts, IRAs, 401Ks, 403Bs, Annuities, Trust accounts, and precious metals you've salted away under the porch, how about real estate holding you've accumulated?
Social Justice, everyone is now equal! Except that my wife and I worked for 40 years to save what we could for our retirement, knowing that Social Security was a Ponzi scheme and would eventually crash.
The "takers" are winning and the "makers" wound up SO Screwed.
We are too old to put up much of a fight, best we can hope for is no hard winters...
G
PS The way things are going we'll probably loose the power grid and have to make due with oil lamps...
PPS We'll probably all wind up in FEMA internment camps, shades of the Holocaust!
Well on the bright side, maybe the Heavenly Host will show up early and we'll all have good seats to watch the scourging of the earth. All the progressives have left us is faith, that will be enough!
God Bless Us All!