The War Against Cash & the Mark of the Beast

[youtube=https://www.youtube.com/watch?v=LZ0YPDYx6lU]

• The War Against Cash & the Mark of the Beast
  by Bill Holter, Jim Sinclair, http://www.jsmineset.com/  
  There were many questions to a recent interview https://www.youtube.com/watch?v=dwwcNSR6nQE. I did last Friday (released Sunday) asking about what a “cashless” society would mean so I’ve decided to expand on it. As it turns out, the timing was very good (by mistake) because over the weekend Europe announced plans to discontinue the 500 euro note http://www.nytimes.com/2016/02/16/business/international/european-central-bank-weighs-eliminating-500-euro-bill.html?_r=0. This was immediately followed on Monday with a trial balloon by Larry Summers https://www.washingtonpost.com/news/wonk/wp/2016/02/16/its-time-to-kill-the-100-bill/ calling for the end to the $100 bill. You can certainly see where they are headed!
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  First, let’s look at why they want to do this and then move on to what exactly it will mean to you and me. If we take Larry Summers at his word (something I hesitate to do!), discontinuing the $100 bill will hamper corruption and terrorism. He also talks about the use of cash for tax evasion purposes. It is said drug dealers would be put out of business if cash were banned. Maybe so but then you must ask yourself “who” is at the heart of supply and generates “dark” cash flow for funding? Wouldn’t this be like shooting yourself in the foot?
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  As for terrorism, I agree there are some crazies out there who want to do some very radical things. However, I would ask you the following questions. How many “terror attacks” have actually been false flags? And who actually funds some of these terror organizations? Have you ever “followed the money” to see who actually funds ISIS or even formed Al Qaeda years ago? Enough said I think.
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  Now let’s get to the REAL reasons to ban currency. First and foremost, those in power understand the viability to the current system is now very limited. In other words, they know the system is going to come down. On one hand the West has already passed legislation for “bail ins”. On the other hand, how best would it be best to corral capital into these banks they know will be bailed in? Now your putting the dots together!
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  This all assumes a couple of things. First, is there even enough time left before the system goes upside down to corral cash back into the banks? Then, will the population accept it willingly or will they revolt? The answer to the first question I believe is “no”. The system is so unstable (the East knows this), we can wake up any morning (probably a Monday) and find the markets cannot be opened.
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  The next question is whether the population will accept it? If markets have already seized up, I think the answer is a resounding no. Who, no matter how oblivious they are would give up their cash if they’ve already seen the banks bail in their balances? The problem of course is whether or not the currency even retains any value in the event of a collapse (no)? If the ban on cash were to come quickly and before collapse, I believe the American public would be split. Many, (me included) would not go for it, others would go along with it just as Bostonians allowed the police into their homes with no resistance. On this point, I am not sure what the reaction would be if the current chewing gum cobbling the markets together does hold. After the collapse it will be a moot point as the “acceptance” of paper dollars may only last two weeks to a month. For this reason, I do not believe we will go cashless until AFTER a collapse as we will “need” a new currency (digital or not). However, any new currency will necessarily be backed by something (gold?) to create confidence.
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  When you break this down, the real reason for a cashless society is “control”. What would people do if interest rates went negative? This is a very good question because it is the only policy option left for central banks. There would be a run on the banks and people would simply withdraw their cash. This would mean people moving out of the system instead of staying in the ringed fence area. A run on physical cash poses big problems for our planners, and “why” they will try to do away with it.
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  Without “cash”, the public will be at the mercy of those pushing and pulling the levers. Your account could be frozen for any reason. Your account could be stolen for any reason. In other words, by banning cash they are throwing away “the key” to your exit door and control of the masses becomes simple. I use the word “simple” because without “money” you cannot purchase food. Here in the U.S., we are no longer farmers. Instead we just go to the grocery market and get what we need or want. If someone had “control” over the availability to your money, they have control over your food …and ultimately YOU AND YOUR FAMILY!
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