Posted on 09/24/2024 4:29:16 AM PDT by EBH
Prime Minister Benjamin Netanyahu instructed top officials on Thursday to urgently discuss the immediate discontinuation of the 200-shekel banknote, the highest denomination of Israeli currency.
The meeting, set to include Finance Minister Bezalel Smotrich, Bank of Israel Governor Prof. Amir Yaron, Prime Minister’s Office Director-General Yossi Shelley and leaders from the Tax Authority and the Task Force for Combating Crime in the Arab Community, aims to address the elimination of the 200-shekel note as a measure to curb illicit cash flows.
snip
The plan includes several additional measures:
Expanding reporting obligations for citizens with income to the tax authorities.
Launching a joint enforcement program involving all relevant agencies, including the Tax Authority, the Anti-Money Laundering Authority, the police, the prosecutor’s office and the Counter-Terrorism Economic Warfare Headquarters.
Utilizing artificial intelligence to identify tax evaders.
Increasing oversight of non-bank financial entities, including currency exchange providers, which handle substantial amounts of black market money.
Banning the holding of large amounts of cash alternatives, such as gold, silver, medals and coins.
53.06 United States Dollar at this moment
53.06 United States Dollars (above was how Gooooogly wrote it)
“Expanding reporting obligations for citizens with income to the tax authorities”
Just like here at home.
Going to a ‘cashless’ society. Netanyahu wants everyone on a debit card or credit card eventually. Removing the highest denomination is a distraction.
Most counterfeits etc. are in lower denominations. Any banker will tell you that.
Plus their going after cash alternatives.
Everyday we are a little bit closer to the anti-system. If Netanyahu can pull this off with Israel, they can do it here too.
This is aimed at black money.
[Going to a ‘cashless’ society.]
And nothing is going to stop it from coming, either. With each passing month, it seems they keep tightening the screws.
Since most of the world doesn’t know what is coming, I keep trying to spread some information and the Gospel around.
Before the Godless powers shut most of that down; at least through the internet. After that it will be up to word-of-mouth via home churches. Much like long ago.
Try to put as much information in the hands of people as quickly as possible.
Reportedly India has already gotten most of their population scanned.
Wow, it even mentions a bag of rice (similar) at the point I started the video
(From about 2011-2012)
An oldie but a goodie - India scans fingerprints and retinas for welfare payment system:
https://youtu.be/oeBiZGU23SY?t=2m23s
I had my fingerprints scanned with a similar device just a few years ago;
the job required a basic security clearance.
The Tax Man cometh. Give up your money and some of your freedom. It’s for the good of the State, don’t you know.
It’s about government not getting “a cut” through taxation.
People who run the “government racket” hate cash.
As the WEF wishes
“This is aimed at black money.”
Yes, but “Black money” = any money that government isn’t taxing.
Good catch. Now do Cern.
On the whole cashless thing, follow the money, too. Someone is going to make trillions on transaction fees. Even if they amount to .01% of the transaction amount, it adds up fast with billions of transactions per day.
Australia was used during the Scamdemic and now they are leading the way in trying to eliminate cash transactions.
“Australia's Macquarie Bank is going fully cashless, with critics raising concerns about the resilience, privacy and security of digital-only transactions.”
“...Arguments around digital transactions reducing crime are also challenged by evidence that today's criminals operate cashlessly, and are developing a range of ways in which to exploit digital transactions. Researchers for UK-based We Fight Fraud say the modern criminal prefers ‘socially-distanced bank transfers, online fraud and illicit sales via social media.’ The proceeds of illegal activities are increasingly being laundered via bank transfers, with ‘fintech organisations and companies being used to facilitate fraud.’
On an individual level, the critical issue is personal choice. People should be able to select the best payment option on a transaction-by-transaction basis, taking into consideration who they are paying and what they are buying, as well as their personal circumstances and priorities. On a societal level, resilience is a key consideration, with cash operating 24/7 and offline, versus digital payments that are vulnerable to infrastructure outages arising from issues such as IT system faults, local power outages or disasters such as wildfires or flooding.
Ensuring cash remains accessible and usable will ensure those who prefer or depend on it are included within the economy, and those who prefer cashless always have a backup for occasions when digital options fail.”
https://www.cashmatters.org/blog/cashless-banks-raise-concerns-in-australia
“Cashless” is a trap!
Probably true
It's escalating dramatically right now.
All eyes on Israel.
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