Skip to content
Socio-Economics History Blog

Socio-Economics History Blog

  • About

Socio-Economics History Blog

Socio-Economics History Blog

The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True

November 19, 2015 by mosesman

https://www.biblegateway.com/passage/?search=Revelation+13%3A16-18&version=NKJV

  • The World’s First Cashless Society Is Here – A Totalitarian’s Dream Come True
    by Nick Giambruno, Senior Editor, http://www.internationalman.com/  
    Central planners around the world are waging a War on Cash. In just the last few years:
    –
    * Italy made cash transactions over €1,000 illegal;
    * Switzerland proposed banning cash payments in excess of 100,000 francs;
    * Russia banned cash transactions over $10,000;
    * Spain banned cash transactions over €2,500;
    * Mexico made cash payments of more than 200,000 pesos illegal;
    * Uruguay banned cash transactions over $5,000; and
    * France made cash transactions over €1,000 illegal, down from the previous limit of €3,000.
    –
    The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can document, control, and tax everything. This is why they’re lowering the threshold for mandatory reporting of cash transactions and, in some instances, simply making it illegal to pay cash.
    –
    In the U.S., central planners ratchet up the War on Cash every time the government declares a made-up war on something else…a war on crime, a war on drugs, a war on poverty, a war on terror… They all end with more government intrusion into your financial affairs.
    –
    Thanks to these made-up wars, the U.S. government is imposing an increasing number of regulations on cash transactions. Try withdrawing more than $10,000 in cash from your bank. They’ll treat you like a criminal or terrorist.
    –
    The Federal Reserve is at the center of the War on Cash. Its weapons are inflation and control over the currency denominations. Take the $100 note, for example. It’s the largest bill in circulation today. This was not always the case. At one point, the U.S. had $500, $1,000, $5,000, and even $10,000 notes. But the government eliminated these large notes in 1969 under the pretext of fighting the War on Some Drugs. 
    –
    Since then, the $100 note has been the largest. But it has far less purchasing power than it did in 1969. Decades of rampant money printing have inflated the dollar. Today, a $100 note buys less than a $20 note did in 1969. 
    –
    Even though the Federal Reserve has devalued the dollar over 80% since 1969, it still refuses to issue notes larger than $100. This makes it inconvenient to use cash for large transactions, which forces people to use electronic payment methods. This, of course, is what the U.S. government wants.
    –
    It’s exactly like Ron Paul said: “The cashless society is the IRS’s dream: total knowledge of, and control over, the finances of every single American.”
    …. 
    The World’s First Cashless Society
    In 1661, Sweden became the first country in Europe to issue paper money. Now it’s probably going to be the first in the world to eliminate it. Sweden has already phased out most cash transactions. According to Credit Suisse, 80% of all purchases in Sweden are electronic and don’t involve cash. And that figure is rising.

    –
    If the trend continues – and there is nothing to suggest it won’t – Sweden could soon be the world’s first cashless society. Sweden’s supply of physical currency has dropped over 50% in the last six years. A couple of major Swedish banks no longer carry cash. Virtually all Swedes pay for candy bars and coffee electronically. Even homeless street vendors use mobile card readers.
    –
    Plus, an increasing number of government restrictions are encouraging Swedes to dump cash. The pretexts are familiar…fighting terrorism, money laundering, etc. In effect, these restrictions make it inconvenient to use cash, so people don’t.
    –
    So far, Swedes have passively accepted the government and banks’ drive to eliminate cash. The push to destroy their financial privacy doesn’t seem to bother them. This is likely because the average Swede places an unreasonable amount of trust in government and financial institutions.
    –
    Their trust is certainly misplaced. On top of the obvious privacy concerns, eliminating cash enables the central planners’ latest gimmick to goose the economy: Negative interest rates.
    –
    Making The Negative Interest Rate Scam Possible
    Sweden, Denmark, and Switzerland all have negative interest rates. Negative interest rates mean the lender literally pays the borrower for the privilege of lending him money. It’s a bizarre, upside down concept.

    –
    But negative rates are not some European anomaly. The Federal Reserve discussed the possibility of using negative interest rates in the U.S. at its last meeting.
    –
    read more.
http://www.telegraph.co.uk/finance/bank-of-england/11874061/Negative-interest-rates-could-be-necessary-to-protect-UK-economy-says-Bank-of-England-chief-economist.html
Click on image for article.
http://www.armstrongeconomics.com/archives/30862
Click on image for article.
http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/
Click on image for article.

end

Post navigation

Previous Post:

This Economic Collapse Will Trigger a Stock Market Crash

Next Post:

After Backing Jihad and Open Borders, French Gov’t Feigns Shock

Pages

  • About

Recent Posts

  • Learn the Truth About the Coming Food Riots as the Globalist Great Reset Collapse Hits Communities Worldwide
  • The World is Being Dragged Into War as Society Collapses
  • “Russian” Hackers Killnet Announced The Launch of a Global Cyber Attack
  • Now We Are Being Told To Expect Food And Diesel Shortages For The Foreseeable Future
  • Destroying the Food Supply is the PLAN: Australia Trashes Fresh Avocados While Infant Formula Shipped to US Border as America’s Own Babies Go Hungry
  • WHO Global Takeover Pandemic Treaty, Marburg Hemorrhagic Fever Next Pandemic, 1P36 Gene Deletion Syndrome, Zombie Apocalypse …
  • Israeli Police Beat Mourners at Funeral of Slain Palestinian Journalist
  • Cutting Russian Gas Supply Would Be ‘Catastrophic’ for Germany — Industry Representative
  • Eight Years Ago: US-NATO Installed a Neo-Nazi Government in Ukraine
  • Buffalo Mass Shooter’s (Nazi) Manifesto Complicates Ukraine War Narrative
  • The Ruble Is Pointing To a Major Shift Away From Debt to Hard Assets.
  • Flashback 2015: Top Ukrainian Nazi Visits U.S. Congress, Pentagon, Canadian Parliament, Seeks Weapons for Ukraine
  • Rabobank: There Are Whispers Of A Shift To Physical Commodities Being Used As Trade Settlement
  • War Crimes by Azov Battalion Exposed?
  • Food Shortage Is Now a Real Risk, This Is How Everyone Would Be Impacted – Will Rhind
  • Food Shortages: Biggest Shock Of Our Lifetime | Mike Adams
  • Rafi Farber: The Dollar’s Collapse Has Already Begun?
  • The “Everything Bubble” Has Popped | David Morgan
  • Interfacxing Gxraxphexe Based Materials With Brain-Neuxral Cells
  • Drum Roll of Honor: My Twitter Account Suspended Indefinitely!!

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011

Categories

  • Disaster
  • Economics
  • Endtimes
  • Geo-Politics
  • History
  • Medicine & Health
  • Satire
  • Science & Technology
  • Social Trends
  • Uncategorized

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org
November 2015
M T W T F S S
« Oct   Dec »
 1
2345678
9101112131415
16171819202122
23242526272829
30  
© 2022 Socio-Economics History Blog | WordPress Theme by Superbthemes