Monday, March 23, 2015

They Are Slowly Making Cash Illegal

Via avordvet

http://theeconomiccollapseblog.com/wp-content/uploads/2015/03/Cash-Public-Domain1-300x300.jpg

The move to a cashless society won’t happen overnight.  Instead, it is being implemented very slowly and systematically in a series of incremental steps.  All over the planet, governments are starting to place restrictions on the use of cash for security reasons.  As citizens, we are being told that this is being done to thwart criminals, terrorists, drug runners, money launderers and tax evaders.  Other forms of payment are much easier for governments to track, and so they very much prefer them.  But we are rapidly getting to the point where the use of cash is considered to be a “suspicious activity” all by itself. 

These days, if you pay a hotel bill with cash or if you pay for several hundred dollars worth of goods at a store with cash you are probably going to get looked at funny.  You see, the truth is that we have already been trained to regard the use of large amounts of cash to be unusual.  The next step will be to formally ban large cash transactions like France and other countries in Europe are already doing.

Starting in September, cash transactions of more than 1,000 euros will be banned in France.  The following comes from a recent Zero Hedge article which detailed what these new restrictions will do…

9 comments:

  1. Hi Brock:-). Interesting that I saw this post earlier then just now I happened across a link on drudge to infowars here
    http://www.infowars.com/feds-urge-banks-to-call-cops-on-customers-who-withdraw-5000-or-more/
    I know infowars isn't too reputable but it is interesting to see these stories about cash coming from different sources.

    Stay safe


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    1. Thanks and I discount nothing these days. :) See Simon Black lives in Chile. Seems to be a livable place.

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    2. Thanks. I'll check it out:-)

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  2. Cash is suspect these days. Backed by nothing (but good will), it is truly ironic to be considered suspicious. The whole ponzi scheme must be changed. To the elite, digital seems to be as logical as gold backing. Besides, there would have to be so degree of honesty involved with gold. Digital has no such constraints.

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  3. I'm OK with this. Cash is an obsolete form of currency. We can already do a lot better and for many good reasons.
    1. It puts the mints and bureau of engraving out of business.
    2. It reduces the spread of disease that get passed hand to hand on money.
    3. It eliminates the cost to the government of creating physical money for the economy.
    4. Debit card and other tranfer transactions are already safe and reliable.
    5. And that is without even discussing the criminal aspect of cash businesses like drugs and prostitution. Of course, those businesses will just change over to debit/EBT transactions too.

    You can't have a cashless society without creating a system where the cashless alternative has most of the same vices as cash. If you want something that is as widely useful as cash, you have to accept that the "bad guys" will find a way around your restrictions.

    It will make counterfieting much easier. Just clone someone's card and you are in. All the information you need is on the original card.

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  4. Regarding Chile, my uncle who was in WWII went to Chile and said that the
    most beautiful women he had ever seen were in Chile.
    I prefer cash; no paper trail but I read they were going to place a surveillance
    mechanism in paper money. Couldn't be a chip as one can put the money in
    a microwave for 1-2 minutes and explode it.

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    1. Thanks and I would travel the world continuously, if I were financially able.

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