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The "Better Than Cash Alliance" Has An Orwellian Plan
Submitted by Seth Mason
The "Better Than Cash Alliance" Has An Orwellian Plan
In the fall of 1910, under the pretense of a duck hunting trip, a group of powerful bankers, political figures, and businessmen met at Jekyll Island, GA 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, an economic system that would compel every man, woman, and child to utilize proprietary, government-monitored electronic systems to make purchases of any kind. This group, which calls itself the Better Than Cash Alliance, is as dangerous as the group of “outdoor enthusiasts” that met at Jekyll Island that fateful early-20th Century November.
And, just like the Jekyll Island group sold their grand plans based on a lie (they claimed that the Fed would guarantee liquidity in times of financial panics), the Better Than Cash Alliance is selling the idea of a cashless society based on the farce that eliminating cash would stimulate entrepreneurship among the poor. In reality, the elimination of cash would reduce a great many opportunities for entrepreneurship for people of few means.
Gone would be the informal businesses the working poor often operate: roadside produce stands, street performances, handicraft tables, and day labor. Contrary to the assertions of the BTCA, a cash-free society would limit entrepreneurship to those with the means to incorporate a business, afford the proprietary system required to accept payments, and understand the local, state, and federal tax burden the payment system would create.
Although they won’t admit it, 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 made with sovereign currency within their borders. In addition to producing new government revenue streams, the payment systems would increase governments’ social engineering capabilities: They would compel consumers to purchase goods and services from tax-paying, licensed organizations.
Freelance service providers such as barbers, music teachers, and tutors would be forced to either jump through the hoops of incorporation or seek work with licensed businesses (which would inevitably take a cut of their earnings and subject the remainder to payroll taxes). The black market would also be squeezed, escalating the War on Drugs, and subjecting every “sin” and self-defense purchase to government scrutiny. Under the guise of “national security”, of course.
A number of financial institutions, including, but not limited to, Citi, Visa, and MasterCard, support the BTCA, for obvious reasons. In a cash-free world, these institutions would not only make profits on the front end by selling electronic payment devices and charging a fee for every transaction, but they would also make money on the back end by compelling everyone to deposit all of their earnings and cash holdings into their coffers. The BTCA claims that a cashless society would enable the poor to “participate in the financial system”.
In reality, it would compel everyone to patronize banks. And, while a cashless society would be a windfall for the banking industry, it would place a heavy burden on the elderly, who often hold large amounts of cash and are hesitant (and, in some cases, incapable) of making electronic financial transactions. Among the numerous social problems the BTCA’s plan for cashless society would create, incidences of elder abuse would certainly increase.
Inevitably, some people would find a way to circumvent a government-mandated electronic payment system, at least for some purchases. Some would find ways to barter or use non-government-issued crypto or de facto currencies. (Interestingly, some black market circles use liquid Tide laundry detergent as a currency.) For some, the elimination of cash would have little material effect on their lives. But, for most, the BTCA’s agenda is a tremendous threat to their individual and economic liberties.
Like the Jekyll Island duck hunters, the Better Than Cash Alliance is a cabal of powerful people who are pushing a dangerous agenda that would harm average Americans while increasing the elite group’s power over them. Like Georgia mallards, the BTCA’s plans must be shot down.
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It will become an invisable mechanism for extracting life from the useless eaters. Push a button and pocket the assets. Push another button and erase a citizen's economic existence.
They will push the e-money to ebt losers and 3rd world and western white middle class will go to hell.
Its genocide.
The writing is on the wall. So shall it be.
The big problem I see with this proposal is that it is Racist. It is a racist attempt by a racist bank to prevent Hispanics, and all immigrants from competing with the Bill and Melinda Gates Foundation and CitiBank. It is also rascist against blacks and whites that are getting by by boosting the economy.
Arrest them. Throw them into prisons and try them for treason. Send them to Somalia with the rest of them.
The minute they pull this bullshit with their "cash-less" society will be the time that "junk silver" (pre-1964 USA silver coinage) will come into its own. People that don't want to be a part of their total surveillance society will start using hard currency (i.e. real money) for their day to day transactions. Mark my words, the push back on this from the grass roots level will be something that will shake TPTB to the core . . . .
I will just keep stockpiling booze, you can trade it for ANYTHING!
I will just keep stockpiling booze, you can trade it for ANYTHING!
Add to that; tobacco in all forms, ammunition, weed, toliet paper, meat, wine, beer, etc. This move to a cash-less society will make the black market EXPLODE!!!
Lest we forget: SPERM!
A dead bankster is a good fertilizer.
Liberty is a demand. Tyranny is submission..
I fail to understand why so many harp on nameless faces, when named elected faces are actually the lever by which our destruction is sealed.
How about the central bank be a department and doesn't have the right to borrow any money, but instead the government just print what it needs.
I could use a few trill. Ok if I print some up?
Look at it this way as well, all debts will be canceled that are payable in US $ ... Yup debt free into skavery .,
Notwithstanding my trite, smart-alecky comments below, this was an important article.
Thanks for bringing this cancerous organization to my attention, Seth.
Whats to stop others to make rival "cashless" plans of their own?
I don't see how a cashless society is any different to the current one?
The important thing is to allow financial groups to compete for the ability to provide financial services based on competition and fair dealings; no monopolies; and with no TBTF shenanigans.
Basically deposit and service facilities should be ring fenced from speculative ones. But cash or cashless who cares. The electronic age is here.
If governments tried to implement this silver and gold would sky rocket in value.
Kind of like it.
All politicians and banksters trading outside this electronic mechanism can be persecuted for thieving and no more brbies / corrupton because every trade is now recorded.
Going to make it really simple to hang them don't you think?
It will not fix the system of ever increasing human efficiency causing deflation that the banksters through forced creation of value inflate the system to maintain their worth.
The motto is the British created concentration camps during the boer war but it took a famous dictator called hitler to fully implement them as death camps. They may create a cashless society but it becomes very easy to turn it on them when the next hitler comes around and he or she will...
No such luck. Bribes will be paid in the gold and silver coin proles aren't allowed to have (but everyone who matters will).
@ Greatuncle,
"Going to make it really simple to hang them don't you think"?
Hell, they are swinging from dicks already.
This will go great with world internet regulations. Think of the possibilities. Gooooooo FABIANS!!
A cashless system could easily be implemented by the Fed creating an amount of fiat similar to what was created for QE and give it to the people to do with as they pleased. Economic stimulus. About $20,000 for every man woman and child would be about right. The vast majority of people would sign up.
The only catch is that the money will be digital and to receive it you must be chipped or register some sort of biometric ID. Any other bank or retirement accounts will be consolidated with your newly created "stimulus" account. Game, set and match.
The external debt will somehow be tallied leaving internal citizens with some type of global debt certificates to be paid. Recall Germany just recently finished paying WWI reparations after 92 years.
Forgetting the other side of the ledger most citizens will go along with a debt jubilee for the internal debt. I think that’s why all the corporations are borrowing to buy their stock. The serfs will be easily integrated into the new cashless system with this lure. Petty cash has been long gone. Corporations are cashless. Currency will collapse right away so even those who don’t want it will integrate.
At that exact moment might as well ping the neighbors.
Interesting concept and would work. Sheepie are whores. They won't turn nothing down that's "free." A reset is coming, and this might be the foundation upon which commerce would start anew. Watch for the sales pitch drum to start banging harder. Might give a clue to market collapse.
Good in theory but probably won't work in practice.
The reason is that as soon as they say we'll give everyone $20K, with conditions, the response will be if you can afford to give us the money, do so, but no conditions. And enough people would be onto Congress critters to insist it be without conditions that the Fed would be forced to comply.
In proposing to give away the money, the Fed would have to have a plausible public justification, like "boosting the economy", which lots of people would happily accept for $20K, but the Fed would not have a publicly defensible explanation for preventing people taking it in cash.
Revelation 13:17 almost makes you a believer eh?
Nero created the first evening lights by tying X-ians to posts lining the street, alive, then lighting them up.
Revelation 13:17 almost makes you a believer eh?
There's no almost about it. I had their number a long time ago.
It's much harder for those who have to make their minds up today. There is no societal support system to encourage them to make that choice. Instead, there is the constant pressure to not make that leap.
There is a reason why they are called the Remnant these days and not the Moral Majority. If everybody thinks that something is a good idea, you can probably count on the exact opposite being true.
that's behind the constant push to discredit christianity. And, they did well in that regard - look at the fucking vatican, how they protected and protect all kinds of evil scumbags and kidfuckers.
SOTU Video woman from Hitlers Austria.
https://www.youtube.com/channel/UCs2Ykuse2dB-RSEIiNJGl9g
The BTCA claims that a cashless society would enable the poor to “participate in the financial system”.
This begs the question: What's keeping the poor from participating in the financial system now? if someone is "alive" (and old enough to use an allowance from their parents), are they not participating in the existing financial system?
You were expecting a well constructed argument??
Socrates was executed for requiring high standards in debates.
No, Socrates was executed for corrupting the youth. I have the two volume set. Very complex arguments, not so much, for the subject, but for the way these groups of men, dissected it, then examined it, from a hundred different angles, exploring, comparing, taking the contradicting side, even if it wasn't popular.
Many times, I had to be read sections of it, repeatedly, just to get a grasp on it and an understanding. I think it was pretty amazing and to me, even more so, because they didn't have a hundreth of the distractions, we have. No cell phone, no PC, TV, radio, MP3 and headphones, or even an Iwatch. Hope, they'd get together in one of the village squares, by the fountains and set forth, for hours and hours and hours.
What's a credit card? Well I'll tell you.
It's like going to the casino and the house always wins. They give you a insentive to keep playing like points or cash back. Believe me when I say this, you will eventually lose. ZH readers know what I am talking about.
Now we know which companies to boycott.
The War on Cash has only just begun and this new reality might be closer than you think.
http://www.globaldeflationnews.com/governments-are-secretly-preparing-to...
They will just go to "Oxycoin" and use weed for change.
The opium dollar has been around for as long as gold. Dark money, really dark.
And on the bright side, you can eat opium.
There are 315 million people in the US. 280 million or so of them are sheeple that will jerk off or finger themselves once they hear about a cashess society.
I guarantee it.
Jigs up folks. The planet is a prison.
How many of you have ever given a gift card? You are in on it.
What did you expect in an Obamunist country?
Half of you voted for him, or didn't bother to vote for the other guy because he wasn't any different.
Yeah, he was...
It wouldn't have mattered a bit if the last election for prez went for the blue states. It would simply be the R Party clamoring for the BTCA and carrying the bankstas water. For this shit to end you folks need to put that two party system scam in the rear view mirror. Alternative party candidates need to be permitted to be on the ballot in every state, not just some states. We also need proportional representation, not winner take all.
See what I mean?
This nihilistic cynicism against the GOP is killing this country.
Most of the totalitarian "progressive" repressiveness that has been foisted on us would not have occurred under a GOP President. Period.
To believe or say otherwise is delusional.
If the ultimate plan is to helicopter drop cash to the masses then this is a necessary first move.
Fuck that. They can print the physical FRNs and mail them to me.
I don't see why they'd ever need to make it law. All they have to do is brainwash people into thinking that it's 'so much easier' just using your card, and therefore you'd never get 'thugged' and have your cash stolen. Put a stupid fucking 'wireless' bank card swiper in every restaurant, corner store, and gas station, and 97% of the sheeple will just do it anyway. In Canada, it's been that way for a few years now. People think I'm strange when I carry cash, and I ask them what they do when the power is out? Or if the 'debit machine' is down. They just give a puzzled look, and carry on with their brainwashed lives. Fuck it's annoying waiting in line for someone to punch in a bank code for $2 for a pop and bag of chips. And then thier fucking card deosn't work 'Oh, swipe it the other way'. Fuck I'd like to punch those people. But I'm the weird one. Cash works EVERY time. And then you see absolute horseshit like this:
https://www.youtube.com/watch?v=h8rwywx974o
It's time to put an end to this bullshit. Seriously. I've fkn had it, so have millions of others.
I don't see even the banksters attempting to pull something off like this.
If they do, it could likely be the final straw that makes the populace wake up and revolt.
For you gold fans, surely they have plans. What are you going to do if you get royal Saudi treatment for using it?
Let them have the Indiana Jones treatment if they attempt it.
Saudi treatment is real, Indiana Jones and Rambo are kosher fantasies.
No matter how draconian, no matter how frightening the actions, there never seems to be a suggestion as to what to do. Why is that?
Because if somebody suggested "OFF WITH THEIR HEADS!" they risk the FBI showing up on their doorstep.
Then our collective and individual fates are sealed. I just get tired sometimes reading all of this since we're obviously prepared to accept anything on the off chance we can lay low and we won't be noticed. Human nature
"Like Georgia mallards, the BTCA’s plans must be shot down." Any suggestions?
The stupidest argument for is that it will eliminate crime...because there's no money!
An article I read says "Granny" won't be in danger of being mugged for her purse...No. Now they'll just take GRANNY, asshole!
The old dear will be taken on an all-day shopping spree, maybe with Grandpa or a grandkid being held offsite as 'incentive', finally being released once the money runs out. All paid for by her 666-Sign of the Beast electronic money card.
Sure, she'll get it all back, eventually. The banks aren't completely heartless. But damn! That is ONE BAD DAY for Granny!
ZWO 'mark of the beast'
If it follows the gameplan that gave us the FED it will be sold as a banking reform to break up the monied powers and all the sheeple will go ... baaaa baaaaa baaaa
"Give me control of a man's money and I care not who grants his rights and freedoms..."
To be quickly followed by the Better than Democracy Alliance
Americans, you guys better start immigrating to SE Asia, the last bastions of 'democracy' and capitalism.. irony.
Like to see China and those countries try to ban cash. Impossible.
Do you really want to tell these "Snakes In Suits" to shove it up their ***, then spread the word for people NOT to vote for any incumbent in the primaries, and they MUST vote for the least-financed candidate of their choice. Then repeat every election. It's the ONLY chance we have to get a majority of sociopaths out of office. This is where EVERY vote really counts.
They have that base covered,,, trust me...
The vast majority of candidates will be rigged. If you want to stop that, you want to burn down Wall Street and K Street. The congresscritters would probably be a little more responsive if all of the lobbiests were dead or in hiding.
After reading this, all I can say is that they will surely come after me. But they better send
the SWAT team.
I hope that this time around they take Dick Cheney hunting with them.
There is a weakness to this plan. Cashless is so they can tax their bank credit money and thus force it into circulation. It makes their credit unit more expensive. Hence an alternate currency unit can easily be designed to compete with banker credit. I've already designed a system that should work.
In other words people can trade their frns for an alternate currency. Once you are in alternate well managed system your purchasing power is protected. To exit back to bank money FRNs you will lose purchasing power as it will be taxed. The banks want to tax savers. Since FRNs are electronic only ur savings will have to be stored electronically.
The article made annoying conflations.Sovereignoney is not private bank credit. Central banks are not national banks.
Yes. Write more to demolish conjectures. Borders are porous for use of fait monies for trade transactions. If $ goes cashless, there is the RMB (fait money from second largest economy of the World and Others. Try convincing China/Others to go cashless.
US is now only abt 20% of global trade/investment flows. Nobody gives a ff on how you transact in your economy. Money as a store of value is a different thing and trust in it.
Goto India/Pakistan etc and find how the common people (much smarter having been exploited thru the generations) to hoard gold and small merchants (a significant private sector) trade across porous borders using predominantly US$ that can be substituted at the drop of a hat.
Go to war to impose $ as the Soverign Currency or close borders. Try turning back globalization. Also, these Predators (Citi etc) are not retards and will not dare to issue credit cards freely in China etc. The People welcome free debts.
Gold-Silver
Will become exit vehicles for people who want to escape this shit.
People will cash the ledger money in their bank accounts that they are being forced against their will to hold for Gold-Silver and other assets.
The asking price for Gold and Silver will rise, because you are going to have to give people a lot of bank credits for them to be willing to take it . . . in exchange for something tangible and un-taxable.
cashless society hu? i thought we were already there, i mean look around no one has any cash anyway everyone is broke!
I hate to state the Obvious... but the way to Attack a Cashless society.. is to attack the Power grid..
not that i condone any terrorist activity and am a loyal patriotic Government Loving Individual but if Someone. ( not me of Course ) wanted to attack cashless mark of the best stuff, the power grid is your first Enemy.. a few weeks of down wires and transformers will be the end of cashless anything ..
van with giant tesla coil array to fry rfid chips while driving
Would that not stop the van too?
I'll take it one wretched step further; full disclosure: I love Big Brother and the enemies who attack the power/communications grid will likely reap intense hatred from us who love Big Brother, but we'll not be able to attend our cyber 2-minute hate session due to said success. ;)
ZH going down, or Disappearing mysteriously, may be the only hint you have, that something has started. suppression of the news and all that... Long Live Big Brother...
All the better reason to ensure your ability to use power and to travel is off-grid. You are correct
Kill the cancer before it kills you.
Listen up human race. Your continued existence depends on it.
Early detection and treatment doesn't work for the sheeple race. They have to feel severe pain and disability before they act. And their continued existence is by no means assured.
Each one of us only has one life to live and the only one who can live it is the individual that life belongs to.
These leeches in government are stealing more and more time from our lives.
I no longer follow government or listen to them. Yes I will obey traffic rules in respect for other lives. I do not steal from others or hurt them.
But I won't pay income tax, don't have a credit card, don't answer stupid government census questions, will not aid in their war efforts and if somebody from Russia or North Korea or Iran of France or Africa wants to communicate with me or be my friend that is my business.
If .gov doesn't like it, it isn't my problem. If they want to lock me up, it will be their loss. Fuck them.
You have the power to bring the system to its knees and it's simple really....
Go down to your bank and demand your cash and close your accounts. Done.
Your deposit accounts are their debt obligation to you, call them on it, make them pay.
The Ban on Cash
Double post, will edit the second version to ask who the fuck wrote such tripe?
What piece of shyte blog - the magnum opus of of piker - here is a snippet
And moron, what happens if everyone decides to withdraw thier cash? You must think they would have a problem printing more paper currency. Germany had no such problems in the 20s and Zimbabawe certainly did not - actually have one of their 100 Trillion dollar bills. And while everyone knows that 100 Trillion dollar bill is not worth much, it is worth more than the tripe contained on the blog. The good news is that the blog has not planted a virus on my computer, but the better news is that there are no comments on any of the postings.
Did you write that fuckball?
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Gold and Silver would step up tp the plate and the black market will thrive.
Has anyone spent some time on the Better than Cash website?
Looks like this is focused, at least in part, on developing countries. They give examples of the Brazillian social welfare program, the South African Social Security Administration, relief payments made in Haiti, african relief, etc. I can see where this makes sense as far as cost savings and efficiencies, and you cant balme the private sector for trying to roll this out in the developing world. More stories about huge efficiencies for Indias train system as well.
But doing away with the USD entirely? Banning currency would have to be world wide and all at once. Electonic payment seems to move the line at starbucks along nicely.
There might be a little bit of Chicken Little factor in this article. No way cash is banned worldwide. These types of articles are good for the bitcoin price I think.
In reality there wont be a situation where there is no cash, people will just use gold or some other metal coins, bartering for goods and services will skyrocket. There is no practical way for the big lender to prevent that. The government can't even prevent the multi-billion dollar trade in harmful drugs, let alone something harmless like physical currency, bitcoin, or barter.
Great article.
The cost of going cashless will be enormous. As the write mentions, every little business will be regulated, vetted, accounted, audited. Everything taxed, levied, squeezed.
They have no idea that cash moving around the economy is a huge benefit. Everyone with a wage packet has been taxed already. That cash has paid its dues.
The number of people who will need to be employed monitoring all of this, is huge. Another massive drag on the system. Unproductuve workers
Our technological infrastructure is too fragile for this.
How is the thought to be 60% underground economy where I live supposed to function without cash?
With all our central bank IMF advised "compliance" horseshit our overall economy is smaller now, wider tax nets and bullshit "regulation" does that. Probably more that 60% of whats left is headed underground. Our local beast chapter is starving and advertising on busses and billboards to call their 800 number to report corruption.
And how come bitcoin hasn't join the feudal lords alliance? That damn encryption thing must be such a nuisance for them. I wonder if they will try to limit internet access to their own funny munny and try to kill private webs so the itty bitty coin can't hitch a ride over the darknet, all these blasted unintended consequences and blowback events really are an irritant our noblemen must contend with as they craft our path on the road to serfdom/feudalism/slavery.
These Chosenite noblemen and their useful idiots can be neutered and eliminated by the tendered attributes of a hangman's noose or the gravitional infliction of the blade on a guillotine, like all other vermin.
Their time is short and their end is certain......judgement has already been rendered.
They are "deeeelusional" - the sheeple will make-up their own "cash" to be used for their "nefarious" ends like local farmers markets, homeschooling and gun trade.
It is not only forcing the patronage of banks that is at the heart of this cashless push. when they resort to negative interest rates to force you to spend what will people naturally do? Pull their cash out and put it under the matress. So to counter that the Gov will forbide cash transactions so we cannot escape keeping it in a bank to suffer negative rates. And the dumb MSM cheerlead this move and help with the slow drip of propaganda to grease the wheels in that direction.
Note from the author: I operate my non-profit, Solidus.Center, pro-bono. As such, I’m looking for paid writing opportunities with pro-free market organizations. I’ve been published on popular sites, including Zero Hedge (obviously), Economic Policy Journal, Lew Rockwell, and more. Several examples of my writing can be found on the Solidus.Center blog and my former libertarian economics and politics blog, ECOMINOES. If you or someone you know could help, please let me know. Thanks much!