Yep.
Very SOON, if Hillary or Bernie is elected.
You can’t buy or sell without a number.
In this case what happens to cash, actual cash, meaning paper money currency and coins????
In this case all of our money will need to be whatever a computer report at a bank says we have.
When all your money is just bits on someone’s computer it is a simple thing for the banksters and governing criminals who control the computers to just help themselves to your stash.
I expect if they try this here, that it will be sold as a policy to fight crime. We will be told that drug dealers and other assorted criminals deal with briefcases full of cash, and that if cash is phased out, it will put the criminals out of business.
I.don’t believe it will put criminals out of business but I believe a shift to a debit card/credit card only economy will be sold to us that way.
“Well, looky there! Another day with no sales!”
ping
Lots of bartering and cash only deals are done in the local gathering spots like farmers markets and flea markets etc. Eliminate Cash and that market will shrivel up until someone comes up with an alternative form of non-digital currency.
Of course, new forms of graft will be found quickly.
It will happen here.
I’m surprised Greece has not done this a long time ago...
The Greeks are famous for avoiding taxes..
That a large part of their financial disfunction...
Nobody pays taxes.
Look for the barter economy to explode even more than it has.
This has to be fought hard or the 4th Amendment, already dying, is dead.
The desire of governments to control led to the income tax, which is highly inefficient, but has the benefit of rendering citizens “naked” in that they have to divulge everything or they are “breaking the law” or “not paying their fair share.”
This is one of those things that the ruling class thinks is really smart, but it will backfire. They think they will get an extra source of income. But the grey market is grey for a reason. People don’t want those transactions recorded. People will either cease those transactions or find another way to not record them. The grey market will shrink, the economy will shrink, and the ruling class will not get what they want.
Good luck with that. Soon they’ll only have a black market.