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The Financial Times Demands End Of Cash, Calls It A "Barbarous Relic"
Submitted by Mike Krieger via Liberty Blitzkrieg blog,
Earlier this week, as the financial world was mesmerized by a min-stock market crash, the Financial Times published a dastardly little piece of fascist propaganda.
There is no more egregious anti-liberty economic policy imaginable than banning cash. I covered this earlier in the year in the post, Martin Armstrong Reports on a Secret Meeting in London to Ban Cash. Here’s an excerpt:
At this point, anyone paying even the slightest bit of attention to the central planning economic totalitarians running the fraudulent global financial system is aware of the blatant push in the media to acclimate the masses to accepting a “cashless society.”
In the mind of an economic tyrant, banning cash represents the holy grail. Forcing the plebs onto a system of digital fiat currency transactions offers total control via a seamless tracking of all transactions in the economy, and the ability to block payments if an uppity citizen dares get out of line.
While we’ve all seen the idiotic arguments for banning cash, i.e., it will allow central planners to more efficiently centrally plan economies into the ground, Martin Armstrong is reporting on a secret meeting in London with the aim of getting rid of any economic privacy that remains by ending cash.
Three months later, the Financial Times publishes an article titled, The Case for Retiring Another “Barbarous Relic.” When you start to see increased propaganda about banning cash, you know the status quo is very scared and things are getting very serious. You’ve been warned.
From the FT:
The fact that people treat cash as the go-to safe asset when banks are teetering is heavy with historical irony. Paper money was once the symbol of monetary irresponsibility. But even as individuals have taken recent crises as reasons to stock up on banknotes, authorities would do well to consider the arguments for phasing out their use as another “barbarous relic”, the moniker Keynes gave to gold.
Already, by far the largest amount of money exists and is transacted in electronic form — as bank deposits and central bank reserves. But even a little physical currency can cause a lot of distortion to the economic system.
So what about the reasoning for ending people’s ability to physically hold on to their own money? Wait, you’ll never guess, yes, it’s apparently necessary in order to give the least democratic, most destructive entities on planet earth, Central Banks, more power.
The existence of cash — a bearer instrument with a zero interest rate — limits central banks’ ability to stimulate a depressed economy. The worry is that people will change their deposits for cash if a central bank moves rates into negative territory. The Swiss, Danish and Swedish central banks have pushed rates lower than many thought possible; but most policymakers still believe in an “effective” lower band not far below zero.
Naturally, it’s all about state power, control and the ability to make sure the slave population is easily and efficiently milked.
Electronic money also permits innovations to reward law-abiding businesses. Value added tax, for example, could be automatically levied — and reimbursed — in real time on transactions between liable bank accounts. Countries that struggle with tax collection could go a long way in solving their problems by restricting the use of cash. Greece, in particular, could make lemonade out of lemons, using the current capital controls to push the country’s cash culture into new habits.
Of course, if cash were involuntarily”ended,” there would be a surge in demand for physical gold and silver, which would then necessitate a ban on those items. Then the cycle of economic and financial tyranny would be complete, and crawling our way out of it, nearly impossible.
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They also worship BAAL.....crazy bastards.
It’s unfortunate that those in the western world need to relearn the lesson those who were adults during the great depression knew so well, it is not safe to keep your wealth in the banking system, and the freedom that cash provided. Its sad how fast society forgets.
No cash = no illegal drug industry.
THerefore it cannot possibly be done.
I think international usurers are an evil barbarous relic and that we should do away with them... and I'm serious.
First "wealth" was an implement of control. Then the "financial system" became an implement of control. Now, "money" is becoming an implement of control.
As a staunch liberal I am strongly against cash also. First, there is no black person in any of our bills so it's very racist. Second, why carry cash when a single EBT-like card will do?
EBT is a human right! And it's not racist!
I am black and your an idiot
Thought you were red?
a chameleon apparently
next, we need to establish whether Republican-red or Communist-red or Native-red
Let me spell it out for you:
IT WILL NEVER HAPPEN.
There is a whole world of economies that function simply because they a) are done in cash and b) are anonymous. These asshats can dream about a cashless society all they want but to achieve it they would have to confiscate anything that works as a cash substitute, (including gold, silver and narcotics). So say it with me again...
IT WILL NEVER HAPPEN.
Oh, and FT, (with your gated content), go fuck yourself. And sodomize those pictured above while you're at it.
redman,
I'm a liberal. I'm here to save you. I'm on your side!
I demand the end of the Financial Times. It is just a barbarous relic.
It definitely could happen. It might only last a few minutes or months but it definitely can happen.
Governments are testing gps systems on vehicles so they can automatically tax based onto which roads you drive on because they want to have a replacement for the gas tax if everyone switches to electrical vehicles.
Unfortuenately they're going to try and try hard
It's called fiat for a reason. Try paying your taxes or earning a paycheck when government demands it to be the only lawful use. Sure, you can engage in the black market using special stones as currency or a medium of exchange, just expect to do it from your storm drain dream home off of MLK Ave.
I could tell you were black because you don't know how to spell.
don't be a dick:
Mathew, Ch 7, verse 12
Amen.
I could tell you were a cracker becuase you're an idiot.
If you can't beat them, join them.
Bitcoin
I'll just stick with boring gold.....it's not been worth zero in 6 thousand years.
… you don’t suppose they’re smart enough to make Bitcoin ILLEGAL , do you?
Why would they do that? They created it. It's a perfect currency, traceable the entire way and doesn't exist outside of the system (their control).
Exactly. Bitcoin isn't some rebellious counter-culture idea. Bitcoin IS the new cashless worldwide currency. They are trying to backdoor it into existence because if people knew that it was the NWO cashless framework it would be rejected faster than the Winklevoss twins in a singles bar.
"Cash prevents central banks from being able to stimulate a depressed economy."
The central bank CAUSES the depressed economy!!!
Sorry, we ZH readers actually possess the skill of critical thinking. (Now, I'm sitting here picturing those that don't nodding in approval and bleating, "b-a-a-a-n c-a-a-a-sh.")
Even more important is that interest rates have never been lower in 5000 years........yes, you read that right!
We must chalk it up to increased market efficiency because with such feats of levitation what could possibly go wrong?
It will be shocking to see the extremes TPTB are willing to go to to keep 7,000,000,000 people alive!
"It will be shocking to see the extremes TPTB are willing to go to to keep 7,000,000,000 people!
fixed
Puppets of the zionist jew banking cartel all deserve to be shot too...
FT owned by the rothschilds?????
come celebrate debt-slavery at the rothschilds hotel, located on rothschilds blvd.........the new debt slavery museum is under construction as we speak......
http://www.the-rothschild-hotel.com/
Apprently being rich doesn't mean you can spell business.
I am greatly relieved to see they offer a laundering service.
It was. They just sold it to the ultimate suckers, the japs.
FT owned by the rothschilds?????
What can't the seven trillion dollars the greedy bastards printed for themselves under Obama buy?
Anyone?
Well that's rich. Scheming, borderless, nomadic globalists think money is barbaric. Not as barbaric as the Fed. Or any of the wars it spawned. Or its barbaric spawn like Nudelman who uses our barbaric money to take down settled societies. They have no problems grabbing our barbaric money as fast as they can when it suits them.
What would MeMongo think?
Or Francis Sawyer for that matter!?
viva la francis_sawyer
This is basically the worlds problem is a nutshell. The beast has been ruling since day 1.
.
Cutting off its 'tentacles' (its puppets and muppets) is completely useless.
.
We need to sever the beasts head right the fuck off.
"TOO"....that's why I put the word TOO in there. They ALL need to be exterminated......They are like bedbugs....you can't leave a single one for they repopulate quickly.
When you listen to the many faux-truthers in the alternative press, it is this decoy NWO to which they point as they make their fearful predictions in order to create an emotional reaction within their viewers/readers/listeners. They portray it as an evil Zionist/Nazi/Neocon monster that is destroying the world and bringing humanity to the brink of World War 3. This is being done so the public will welcome the real NWO when it makes its move, defeats the decoy, and snatches peace from the jaws of war.
http://redefininggod.com/understanding-the-nwo-strategy/
Zionist jews are the new NAZIS, and whites, Christians and heterosexuals are the old Jews.
And you're the new stupid.
Yeah, like you know what's REALLY going on.
More like journalists. With the rise of the internet, like fuck we need some shill on a payroll to tell us what happened and what it means. BTW have you noticed the tantrums some of these journalists through when you mention citizen journalism?
If they pull it off..........................they will then TAX every Electronic transaction
Governments .................got to eat!
nasty pack of control freaks. cute relationship here between this nonsense in the paper about cash right now and all the "shooting" incidents trying to jam a gun ban down Americans throats.
those appear about as transparent as ISIS
NOTHING wrong in the USA today that couldn't be fixed with a few more William McKinley's, Grover Cleveland's, James Madison's and Salmon P.Chase's floating around. And I mean NOTHING
Cashless will soon claim that "Ron Paul was right and gold is money."
Somebody at the FT needs to swing...
All these fucking lunatics should die a most painful and lengthy death. They are psychopaths and sociopaths who no longer care about wealth, it's all about control and total domination. Nothing will ever be good enough for them. It is a sickness.
Banksters are the Barbarous Relics that need to be Eliminated.
Serious question: with technology today, why do we even need traditional banks?
We don't.
The technology is built upon a foundation of banks (literally and figuratively).
lol, +1 for the sheer depth of your argument
nevertheless: banking is an institution. specifically, it's built on a further institution, that of the limited liability company, itself a privileged situation
so a bank is a doubly privileged form of association, allowed and tolerated for it's public... utility
so it does not matter if you live in a totalitarian monarchy or an ideal voluntaryst commune, if you see a bank... you ought to see tolerated privilege for a public purpose
and so imho the question is only this one: are the banks the state's minions, is the state the bank's minion or are they both our... servants
I go for public utility. what is not allowed to fail should not be allowed to continue in the same manner, with the same owners and the same management
Four of the ten member of the APBS are now LLCs, so much for Hell freezing over. Despite being free market, I thought that the big 5 in the US should have been nationalized in 2008 to deal with the solvency and derivative issues, since that is in no way a free market. But I prefer my corruption de-centralized, and not backed with the imprimatur of the State. But I am even more radical the appropriately named Radicals here, who actually do get their voices heard and responded to by the TPTB and their proposed reforms on the ballot.
UR, the very definition of classic "free market", i.e. the answer to the French minister Colbert of "laissez faire, laissez passer" never entailed leaving monopolies, cartels and other market scammings to be
this funny new definition is just that: funny, and relatively new
there is nothing not "free market" about how to liquidate failure, both singularly or systemic
capitalism and free markets are all about how to liquidate failure. no failure, no free market capitalism at all
and derivatives are also about circumventing banking limitations/regulations. another reason to ban them from banking, if not at all
I'm long on all 'barbarous relics'...
lawlessness of the elite. right of kings, like congress exempts itself in US from many laws it puts on the back of the public..clinton's are such a perfect example of the simple fact: It's a big club and you and I are not in it."
Seriously there is a point where a moderately efficient bartering system will evolve completely independent of cash or fiancial intermediary instrument. Further it will cause people to stockpile things they don't need as a formal substitute for the purpose of bartering. Let say bottles of beer or wine could be used as an intermediary because they have a greater universaity of consumption.
Soon we will be asking "what's the premium is on a stack of 20's?"
but the media laying the ground work for a tax on deposits should tell you all you need to know about what's coming.
What are you gonna do with twenty's?
A twenty is now a five, a hundred is a twenty.
The old farts will understand.
Uh, I am an old fart, and it was an example, besides your oat meal is getting cold.
Attaboy, booboo.
Make a shrine to Andrew Jackson.
End the Financial Times because IT is a barbarous relic
Bankstering is great business when it is the only bank in town.
All these newspapers are just arms of the fascist, police states that run Western nations that masquerade as democracies. Their main purpose is to strip you of every freedom and make you a slave of the state.
If they don't like your opinions, they will sieze all your digital cash instantly bankrupting you. So eliminating cash is their major goal as it enables total control.
"The Central Intelligence Agency owns everyone of any significance in the major media." -- William Colby, former CIA Director
Just, look into poor Colby's death.
My Celt ancestors wear the title barbarian with pride. Where's your empire now, Rome?
you are standing on them.
https://www.youtube.com/watch?v=aNaXdLWt17A
I did get a laugh out of the LHC in Cern getting delayed by the project accidentally unearthing a Roman ruin.
"Another Centurion over here, Maggie. Third one this week."
Lots of chatter about this cashless notion, seems like Armstrong might be the one who is pushing this. I'm not sure whether this is a slipperly-slope manufactured story that's winning clicks and maybe a few subscriptions or whether there is a real agenda and this is an intentional leak designed to get the conversation going and folks used to the idea.
I'm leaning toward "manufactured" but keeping an eye on it just the same.
agree.. a well-known tactic, paint a catastrophic picture to prepare the sheeple psychologically for an apparently milder but more insidious version.
Especially as Armstrong is as trustworthy as the system that threw him in jail.
The English are the best at subjogating populations and keeping them obedient.
'Get rid of paper money and gold so we can rob you more.'
It's never gonna get better,don't look for it,because they own this fucking place. george Carlin (RIP)
Is the u.s. running a balanced budget this year? I am guessing that the great recovery has pumped so much tax receipts into .gov's coffers, that the budget will be in surplus any day now. This is all based of course, on the fact that the u.s. national debt hasn't grown since what... March???
This is fabulous news and I can't believe ZH hasn't been reporting this loudly and proudly!
Making the rich richer; the financial order installed by the two neo-liberal monarchs of the West : Ronnie and Maggie.
Where there is discord, may we bring harmony. Where there is error, may we bring truth. Where there is doubt, may we bring faith.
Well, that went well for the 1% !
And, I'm sure their descendants DON't want the Greenback's Empire to become barbarous relic!
NO WAY !
They have a focus study to determine a high success rate in returning lost pets back to plantation owners.
Porno for Pyros - Pets - YouTube
Treason, Sedition by the Money Trust.
And now.....a quick message from Johnny Cash.
https://www.youtube.com/watch?v=eJlN9jdQFSc
And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six.
And he causes all, the small and the great, and the rich and the poor, and the free men and the slaves, to be given a mark on their right hand or on their forehead, and he provides that no one will be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name. Here is wisdom. Let him who has understanding calculate the number of the beast, for the number is that of a man; and his number is six hundred and sixty-six.
I'm by no means a Bible scholar, but there can be another intpretation of these versus. Jesus tells the church of Laodicea, “‘I advise you to buy from Me gold refined by fire, that you may become rich. . .’” (Rev. 3:18). But how do you buy gold from God? Buying gold refined by fire is symbolic and relates to spiritual worship. It is reasonable, therefore, to assume that the reference to “buying and selling” in Revelation 13:17 is also symbolic and related to worship.
So, while we focus on the economic impact of this "cashless" economy, it's also likely that the mark of the beast will signify that you align yourself with what the temple or church now/will represent(s), apart from Christ.
However, either interpretation is certainly up for debate and frankly either way you fall, you can't be real happy with what we're seeing here.
-Argenta
Cashless society on the way...supposed meteorite to deliver antichrist....barcodes?
in defense of the venerable Financial Times: it wasn't an article, it was what they call a "Comment". And you read there all kinds of them
if you like, here what the "most liked" reader comment was to that. it has some lenghts, but imho it really was the best of the bunch, worth repeating:
"MarkGB (5 days ago):
This is insidious nonsense. We can expect to hear more of this, along with a total absence of any mention of the real 'reasons' for it:
1. Governments cannot afford to pay the promises they have made in unfunded liabilities. Trillions of such liabilities are kept off balance sheet and are glossed over by politicians because they know how bad the figures look - none of them want the bubble to burst on their watch
2. Already the interest on government debt is larger than some departmental budgets and this will accelerate, E.G. the older boomers are retiring and the younger ones are passing peak spending (early fifties)
3. Real interest rates are already negative in many countries, and even negative nominal rates are in effect on trillions of dollars of bonds
4. Central banks are attempting to boost aggregate demand to keep the debt bubble from bursting i.e prevent a massive deleveraging and debt deflation. In effect they are attempting to create further debt fuelled spending - their cure for debt is more debt
5) Governments and opposition parties, particularly those approaching an election cycle, are making further pledges that they cannot fund, in order to bribe their electorates to put them/keep them in power. In the US for example, the government is increasingly developing new ‘cruel and unusual’ policies and forms of taxation such as FATCA and ‘forfeiture’ in the US
6) Plans to increase interest rates risk bursting the bond bubble, setting off the debt deflation mentioned at point 4. Therefore, I believe, we can expect the continuation and increase of negative interest rates
7) Negative interest rates encourage people to move to cash - why pay a bank for the privilege of lending them money? We are not there yet, but there will be a point where sentiment shifts dramatically, and the ‘herd’ will shift to cash - governments fear this - and that's what this article is really about. This happened in Greece where people took their cash out of banks and stored it outside the system
8) So...increasingly the idea of a cashless society is being floated by various US states and in Europe, notably Denmark. Transactions in cash are being regulated and limited in France
9) We should expect to read an increasing number of government announcements and articles where cash is demonised and 'blamed' for issues such as drug dealing, money laundering, funding terrorism, tax evasion, wicked landlords, rich people paying peanuts to part-time employees, minimum wage evasion, wicked X taking advantage of poor Y etc. Also, we can expect to see an increase in derogatory terminology such as ‘hoarding’ and ‘rentier’.
This poses a question - do I want to live in an electronically controlled, cashless society where the government can effectively a) 'force' me to spend by taxing any unspent deposits, b) bail me in, in the 'national interest' of course, anytime they please c) regulate all my transactions...bearing in mind that governments take power, they don't give it back
I expect the media to increasingly play along with this statist control-freakery. This article is an example of that. The ‘bad’ uses for cash mentioned here maybe real, albeit exaggerated - but they are not the real reason. The real reason is this - the only way governments can keep this bubble from bursting is through taking ever increasing control of the economy, and by default therefore, our private lives. This is much worse than a 'nanny state', It will lead to abuse of power.
I pay my taxes, and I obey the law, keep your hands off my cash."
I often moan about the "damn Brits" (a somewhat exasperated but nevertheless endearing term, believe it or not), but this one makes me proud (don't agree fully on 4. but not relevant, here)
Prime Minister Cameron's response to that is of course: "it's not enough for you to obey the law..."
Here's a first: I fully agree with you ! See, there is still hope... However, something tells me that the PTB within EU would also love nothing more than to ban cash. By the way, I heard that black markets are florishing in France, nowadays. That's a positive development after all; it means there will be some sort of market in place already when the official one will finally kick the bucket...
Biggest consequence of a cashless society?
All vice becomes legal.
Prostitution, murder, and drugs.
How dare they call this civilized.
Ya got it 100% backwards, son. Vice becomes whatever they decide it is on a daily basis.
There is no vice in their immoral world.
You're just an animal.
And more equal than the next, except on the Island of Dr. Moreau
https://www.youtube.com/watch?v=wRljdzY3dXs
Murder is not a vice. It is a crime.
Don't know your reasoning for the above - the cashless society would seek to eliminate prostitution and illegal "drugs" in favor of the pills they want you to take from Big Pharma. As for murder, it's pretty much already legal, so long as it's commited by the U.S. government.
Children are innocent. Teenagers are fucked up in the head. Adults are even more fucked up, and elderlies are like children.
Will there be another race to come along and take over for us? Maybe Martians could do Better than we've done We'll make great pets, we'll make great pets We'll make great pets, we'll make great pets.
The pet owners are nervous in receiving a pet bite.
Something about not being able to buy or sell without some "mark" comes to mind.
BTW - Yellen sure looks like a beast, doesn't she?
Why won't Mr. Yellen be at Jackson Hole?
Yellen is a woman to create a illusion of political correctness under LGBT movement. They don't care about the ill fated outcome. Just another illusion to push Project Venus agenda.
Another Socialism symmetrical attempt under guided reforms to wein french bourgeois taste of a broken system. Just ask the IMF and European Union.
I'm wondering... have Janet Yellen and Cait's mom ever been seen together?
Socialism? In what way?
It's pure fascism/capitalism.
You need to study history. This has been going on for centuries.
The Discreet Charm of the Bourgeoisie - The ...
And (from a former reply to an indoctrinated ‘Ayn Rand’-type/US-born – and yes, I can guess you’re from US) before you spew “fascism is socialism” all ‘state-centered-policies’ are socialist or whatever:
"My (the European/historical – not blurred by decades of capitalist propaganda) definition of the two terms:
Capitalism: an economy centered on the private ownership of the means of production. THAT IS WHAT WE’VE GOT! Everything of importance (including the state itself) is privately owned by a small group (the 0,01%)
Socialism: an economy centered on the common/social and/or the public ownership of the means of production.
Notice that both economic systems can have STRONG STATES – or no state. Yes, socialism does not necessarily equates a huge state and/or bureaucracy. A capitalist state can have that as well (a fascist state is a capitalist state). There’re in socialism (like in capitalism) many branches – from anarchist socialism (the real/historical and in all parts of the world except US libertarianism) to state socialism.
In capitalism you have ‘monopoly capitalism’ (the end result of all forms of capitalism) to laissez-faire capitalism (the wet dream of Ayn Rand disciples). The latter will naturally (due to the accumulative nature of capitalism) end in the former = the concentration of power/wealth in fewer and fewer hands.
To say that fascism is socialism is an insult to all the socialists that were murdered/executed/killed fighting by fascists regimes – together with labor-unionist, communists, anarchists/libertarians (the real sort that fight all forms of authority and not just the state) and left-wing intellectuals. Hitler banned the communist parties and the socialist parties. You will have a very hard time finding anyone from Europe (who have experienced full-blown fascism in recent history) who doesn’t know that fascism is an extreme right-wing ideology. We know who supported the fascists – in Denmark many of the right-wing newspapers that welcomed Hitler’s rise to power and later invasion of Denmark are still active today (Jyllands Posten, Berlingske Tidende), the conservative party of Denmark marched in brown-shirts and black boots with Swastikas and the big business owners profited by the German war-machine (like they do today by the US war-machine) etc. etc. The same is true for all other European countries.
The absolute majority of freedom-fighters during WWII in Europa was left-wing + the international brigade that fought Franco’s fascism was comprised of anarchists and socialists (by the way they fought Stalin’s brigades just as fiercely as they fought the fascists). Orwell and Hemmingway have written extensively about this."
Take a deep breath. Not attacking you. The grand plan is to create a American Union. Canada is on board. Mexico is the issue. Listen to what is being said. Clear as day. MSM is fluffing the actual outcome for 2016 presidential candidate to press mission forth.
Voters have to be an idiot not to see this coming. Once American Union is created, bankers can continue derivatives bets and shit on Unions instead of emerging countries.
Make sense?
Ehm, and why do you call this "socialist"?
Atomizer, since we are there, please explain more in detail the whole sentence:
"Another Socialism symmetrical attempt under guided reforms to wein french bourgeois taste of a broken system. Just ask the IMF and European Union"
You'll find out soon. It will be in the news.
That's all I can say.
If it's 'in the news' regard it as a lie.
They can fuck right off.
Amen
10 grand on the author's head.
You can bet that it is NOT constitutional conservatives floating the "cashless" ideas. No, an idea like getting rid of cash has to come from a criminal. A PROGRESSIVE.
The progressive stupid, it burns.
Grimaldus
The louder they shout for it, the more desperate they look.
One thing that the FT skunk forgot to mention is that electronic money also means total regulation of purchases and rationing. Obama may not have to go after your gun after all. All he has to do is block money transfers for ammunition after some "great tragedy"(TM). Of course if you mention this you will be promptly derided as a conspiracy freak, right winger, fringe, survivalist etc, etc, by the same FT skunk and the rest of his ilk. On the other hand, in a cashless future, vocal criticism of the government may result in the freezing of your account , in which case without cash you pretty much have a death sentence.
So the question we should really be debating here, in response to people who come up with these ideas is: If someone threatens your basic right to privacy and property, or encourages direct infringement of said rights, is this a self defense situation? If there is reasonable grounds to believe that this infringement may very well be used in a life threatening manner, is the use of force allowed? I would think it is.
That statement is on par with "End Sex - A Barbaric Relic"...What a bunch of lowly, despicable scumbags....
You're underestimating the gullibility of the human race. Heck in Japan men and women are afraid to have sex with each other.
Funny you mention Japan, because this exact plan was proposed in Japan in 1994-95 (I don't really remember) as a prerequisite for NIRP, during the peak of the deflation. In the end the plan was abandoned because the government realized that the Japanese would not accept it. So,what we are underestimating here is the gullibility and idiocy of white round eye yaban'na gaijin.
Because my lawn boy needs to carry around a POS terminal so I can pay him. This will be just another barrier to overcome for the economy. And after Obamacare, it doesn't need any more barriers.
The end of yard sales.
Louisiana comes to mind.
CIA comes to mind...
in God we trust
all others pay cash
This is all part of the One World strategy. Different peoples holding different forms of cash would pose a roadblock.
It's a multi-prong approach - go after banking, media, youth, education.... http://www.unaoc.org/
You already need a government ID
.
cash is a human substitute for love
imo they want the movie "time out" to be true, what a dream for the globalist ..
The parasites see the host is dying, blood supply is waning, and want to make sure any and all available blood remains in the host.
FT is turning Chinese real quick aye
BTW, i'm a person who will not sign up the Financial Times to read your garbage. I know how the find it free without signing up. Lastly, can still print off your main page to wrap up fish or use in a bird cage for desecration to spill on the sign up to continue block field.
How's your membership doing within Google Trends? Still paying to boost it?
Hahahahahahaahaa
What about prostitution?
That will make them think twice, because bankers are prostitutes and I'm sure purchase them as well.
Ban the Financial Perverts of our Times. Arrest Lloyd Blankfein.
It's been a few weeks since I saw an article about banning cash. I was wondering if the trial balloon had been popped. I guess it was just floating out of my line of sight.
If they were to ban cash transactions, effectively making it illegal to hold cash, then gold and silver would skyrocket as the author points out. But so would the value of "fiat cash" skyrocket relative to the value of "electronic paper money".
So just as gold is doing, the value of the USD "physical" cash would disconnect from the "electronic paper" money and soar in value... exactly what they don't want, a stronger USD. Of course the markets would operate based on the value of "electronic paper" money for a while, but strangely, the stupid bastards would actually be creating a new paradigm. And that would be two forms of fiat money, "electronic" and "physical paper money". And of those two forms of 'money', all of a sudden physical cash would appear to be "real money".
Imagine that... fiat paper money all of a sudden taking on the appearance of being "real money" when all fiat is in fact nothing but a representative of a debt owed to Rotschild. It just gets crazier and crazier. The god damned bankers are going to keep putting citizens of earth through the f'cking wringer until the bankers lose control completely. And when the bankers lose control, the citizens of the world will lose control. Actually, they bankers are losing control as we speak, but if they try to turn earth into a cashless society, that's when it will blow up in their faces and the revolutions begin. I dare say citizens of the world will start hunting their oppressors.
Ultimately it will boil down to the point where the only real money will be silver and gold. Just as it has always been for 5000 years and counting.
Far longer timeline than 5,000 years as we are discovering.
This squealing for CashBan is a perfect text-book example of co-ordinated world-wide activation of muppets, minions and apparatchiks by the Masters of Globalist Protocol. When Britain's Gordon Brown grunted the pager message I knew the shit was rising, and not at all any longer at the bottom of the barrel.
Cash as 'Barbarous Relic' is the best the keyboard-pukers at the FT can think of, I suppose. They, the entire 'new world order' of high-fiveing elites and their sycophantic enablers will one day be thrown into the darkest, deepest of pits.
In the meantime, we know that bankster cash from any issuer is not worth the paper it is printed on. No promissory note is worth the paper it is printed on when men decay, things fall apart and Chaos is loosed upon the world. Cash is accepted for value received by the greater fools, and there are no greater fools than us.
Slavery isn't going to work for me. I like freedom and I cherish my one life. Freedom is the only thing I had faith in and hung my hopes on. If they wanted this cashless society to go over seamlessly then they shouldn't have gone out of their way emphasizing from the earliest moment I can remember how I am free and how wonderful freedom is. All we heard about was freedom, freedom, freedom. They called MLK a commie. They said Soviet Union was dangerous because they were communists and weren't free. They said that terrorists hate us for our freedom. I don't care if to the leadership and idiot masses freedom just means divorce, same-sex marriage, being a slut, doing porn, abortion, and covering your face with tattoos, freedom to me has a different meaning. I have been able to peacefully cope with the promotion of the aforementioned being defined as freedom, and I can avoid new cars and smart phones, but if they go cashless then that violence against me will be impossible to duck, dodge, ignore, or cope with, and slavery just isn't going to work for me.
What kills me is Hollywood even gave us a glimpse into this nightmare in the movie In Time with Justin Timberlake, and still the idiot rabble are complacent and oblivious.
This nonsense must stop we have numbers but only if we stand united
In that old Canadian series The 12 Caesars, or maybe it was I, Claudius, there was a scene in the Caligula part where this chick is just ripping these senators a new one for just being paralyzed with irrational fear as a clearly mad Caligula capriciously butchered and destroyed them. "Why am I, a woman, the only one with the nerve to say this, while all you honorable men do nothing?!?!"
We're there.
Like the picture of Messrs Greenspan, Bernanke and Yellen together with the caption.
Would make a great teeshirt....
A cashless society is only for plantation working class. IMF SDR's apply only to slave owners. Each territory will consist of competing for new carbon credits to demoralize slave labor by replacing them with robots to subsidize moar carbon credits to inflate new debt and payback money they will never be able to repay. At the end of the day.
The intention is to foreclose on every asset to maintain controlling interest and mandate all global govnering policies.
It's down to a under five year charter mission check off.
Barter will then rise up as the black market since it can't be tracked
The movie In Time with Justin Timberlake depicts EXACTLY what a cashless world will be like. I don't know how the fuck it can be made any clearer to the couch potatoes. But then again, they didn't make any connections from The Matrix or Hunger Games either.
Movies are a very opaque indicator of impending changes. Film is one of the bigger tools of propaganda.
Conducting commerce is the most basic human right. The issue with these asshats is that they have confused money with their digital tokens.
I can tell you from experience that pork can be traded for HVAC repairs. Money is what any two parties decide it is.
If you want to understand monetary policy take some kids to ChuckECheese's they have created a fiat currency with a one-way exchange fixed exchange. You can get a great economics education by watching kids play.
<Shrug> Ban cash, and you inevitably create Bitcoin(s), local paper currencies or other mediums of exchange (barter chits?). Central planning simply can't control the behaviour of 7+ billion people.
Agreed, but logic will not stand in their way.
They are going to need a lot more prisons if they're going to mandate that we use their tokens.
I agree with your comment. It would be physically impossible to jail every violater of a no-cash system. People will do what they must to obtain basic needs.
I wish someone would plant a big tree in the lobby of their building and let it grow to the sky.
If society goes cashless there really isn't a need for more than 1 national bank. ATMs disappear and ever transaction electronically goes from store/service to virtual bank.
A black market currency will form to replace cash, if it is banned. They will find only "official transactions" will take place on the digital side. Their main reason right now for banning cash is they want you trapped into their NIRP policy, but they get all of the "wonderful" side effects as well. The fear of a bank run is stopping NIRP in the USA.
Keep in mind, only the wealthy are allowed to preserve wealth, not serfs. I can see a day coming where u are imprisoned for savings, unless you are of the ruling class (aka Upper Party).
Ironically, the barbarous relic that is the Financial Times will now tell you about...
Better yet (maybe)...
Financial Times: "I'm not a barbarous relic! Cash..cash...that's a barbarous relic!"