[PGR88]

They want to tax yard sales?

Don't laugh. Its happening in India. Even the smallest wet-market vegetable seller is being issued with an electronic card reader to accept bank-card swipes from buyers. Without cash, there isn't an alternative. The Indian Gov't is happy because tax revenues are up 14% since they banned large cash notes, and no politician is paying a political price either. Don't think that our own elites, leftists, and statists are not watching closely.

They will happily see the end of garage sales or church bake sales for that kind of control.

[SaveFerris]

[bank card swipes]

They’ve got them to plug right into your cell phone.

As you know.

Paypal, I think, has been promoting this for awhile.

[Army Air Corps]

They will happily see the end of garage sales or church bake sales for that kind of control.

Joseph Stiglitz's entire shtick is about collecting as much data on participants in an economy as possible so as to control that economy and make everything "stable and equal."

[Garth Tater]

The Indian Gov't is happy because tax revenues are up 14% since they banned large cash notes, and no politician is paying a political price either. Don't think that our own elites, leftists, and statists are not watching closely.

They may be soon watching as their heads drop into baskets if they're not careful. Eliminating cash is a red line for a lot of people. Free people that is.