- The “Better Than Cash Alliance” Has An Orwellian Plan
by Seth Mason, https://www.moneymetals.com/
In the fall of 1910, under the pretense of a duck hunting trip, a group of powerful bankers, political figures, and businessmen met secretly at Jekyll Island, Georgia, to plan the creation of a central bank for the United States.
The “game” that this elite group of “hunters” brought back to their ivory towers of Lower Manhattan and Capitol Hill was the blueprint for one of the most destructive financial institutions in modern history, the Federal Reserve.
One-hundred years later, another group of powerful bankers, political figures, and businessmen have converged to promote a cashless society.
Their ultimate aim: an economic system that would compel every man, woman, and child to utilize corporate, government-monitored electronic systems to make purchases of any kind.
The diabolically named Better Than Cash Alliance is as dangerous as the group of “outdoor enthusiasts” that met at Jekyll Island.
The Jekyll Island group sold their grand plans based on lies (they claimed that the Fed would protect the value of the currency, foster full employment, and guarantee liquidity in times of financial panics). And the Better Than Cash Alliance (BTCA) is promoting the notion of a cashless society based on the farce that eliminating cash would stimulate entrepreneurship among the poor.
Their REAL Agenda Is Financial Repression and Government Tracking
But here’s the REAL Agenda: encriching Wall Street bankers while increasing government power. The 12 central governments that currently support the BTCA (the U.S. is one of them) do so because a cashless society would enable them to track and tax every purchase and sale made with sovereign currency within their borders.
And forcing everyone to hold all cash within the banking system also enables central bankers to continue their financial repression measures, such as imposing negative interest rates to steal from all cash holders. (After all, if the bank makes YOU pay interest for lending it money, you might prefer to hold cash under your mattress to get a higher return.)