"Ultimate Banking" Monopoly Edition Goes Completely Cashless

Tyler Durden's picture

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

The war on cash has been in the works for a very, very long time, but the propaganda campaign to convince an always gullible public to accept the scheme seems to have been hatched in earnest late last spring. For example, here are a few excerpts from the post, Martin Armstrong Reports on a Secret Meeting in London to Ban Cash:

Martin Armstrong noted at the time:

I find it extremely perplexing that I have been the only one to report that there is a secret meeting in London where Kenneth Rogoff of Harvard University and Willem Buiter the chief economist at Citigroup will address the central banks and advocate the elimination of all cash to bring to fruition the day when you cannot buy or sell anything without government approval. When I Googled the issue to see who has picked it up yet, to my surprise Armstrong Economics comes up first. Others are quoting me, and I even find it spreading as the Central Bank of Nigeria, but I have yet to find reports on the meeting taking place in London when my sources are direct.

 

Other newspapers who have covered my European tour have stated that the “crash” of which I speak is the typical stock market rather than in government. What is concerning me is the silence on this meeting where there are more and more reports about a cashless society would be better.

 

If we look at the the turning points on the ECM, yes they have been to the day when there has been a concentration of capital in a particular market. However, it has also picked the turning points in political decisions such as the formation of the G5 with 1985.65, the very day Greece asked for help from the IMF in 2010, to the day of 911. What we better keep one eye open for here at night is this birth of a cashless society coming in much faster than expected. Why the secret meeting? Something does not smell right here.

 

To which I added my own observation:

 

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.

Moving along, today the world had the unfortunate experience of its attention being turned toward the malicious and authoritarian mindset of none other than Larry Summers. Bloomberg reports:

Former U.S. Treasury Secretary Lawrence Summers urged countries around the world to agree to stop issuing high-denomination banknotes, adding his voice to intensifying criticism of a practice alleged by police to abet crime and corruption.

 

Summers’s call coincides with a review by the European Central Bank of its 500-euro ($558) note, whose future now looks increasingly uncertain. President Mario Draghi repeated this week that the institution was considering withdrawing the euro area’s most valuable bill to avoid aiding criminals.

 

“Even better than unilateral measures in Europe would be a global agreement to stop issuing notes worth more than say $50 or $100,” Summers said on his blog on Tuesday. “Such an agreement would be as significant as anything else the G-7 or G-20 has done in years.”

 

For now, “I’d guess the idea of removing existing notes is a step too far,” Summers wrote. “But a moratorium on printing new high-denomination notes would make the world a better place.”

First of all, why is this discredited buffoon still paraded around everywhere as if he’s an authority on anything other than hubris and ineptitude? The fact that fossils like Larry Summers still have such a prevalent voice amongst world leaders is precisely what Americans are revolting against in their support of Trump and Sanders.

Second, the incredible irony in all of this is that while banning cash would merely make life inconvenient for petty criminals, it would making government economic tyranny and elitist theft exponentially easier. Crime agains average people would explode as a result. It reminds me of the quote attributed to Aesop:

We hang the petty thieves and appoint the great ones to public office.

Interestingly, it appears Monopoly is ahead of the curve on this one. Indeed, while I first saw Monopoly move to “electronic banking” over three years ago, the board game’s latest iteration which will be released this summer, takes it to a whole new level.

As Gizmodo reports:

Is there anything worse in a game of Monopoly than thinking you’ve bankrupted another player only to discover they have a secret stash of cash hidden away? That’s no longer an option with the new Monopoly Ultimate Banking edition that uses a tiny ATM to keep track of every last financial transaction.

 

It’s not the first time that Hasbro Gaming has tried to speed up the game of Monopoly by replacing cash with credit cards and an electronic banking unit. But ironically the company’s past efforts actually slowed the game down because players had to manually type in dollar amounts on an awkward keypad.

 

But the compact banking unit in the Monopoly Ultimate Banking edition is able to quickly scan not only each player’s credit card, but all of the individual property and chance cards in the game which now include special bar codes on them.

 

The latest version of the game, which will be available in the fall for $25, also mixes things up with new chance cards called Life events that can cause rents across the board to fluctuate, or other sudden financial changes that are really only easy to implement thanks to the game’s much-improved electronic ultimate banking unit.

Take note of the line “or other sudden financial changes that are really only easy to implement thanks to the game’s much-improved electronic ultimate banking unit.”

You know, like negative interest rates and deleting your entire bank account without warning, for example.

Screen Shot 2016-02-16 at 9.12.48 AM

“Ultimate” banking indeed. As the game’s cover suggests, the idea is to “own it all,” and they aren’t talking about you.

Oh, and don’t think they aren’t coming for Bitcoin too. As Andreas Antonopoulos noted:

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hedgeless_horseman's picture

 

 

Those mother fuckers got rid of my horseman, too.

Durrmockracy's picture
Durrmockracy (not verified) Big Corked Boots Feb 17, 2016 12:12 PM

Predictive programming bitchez!

Killtruck's picture

Sounds like a complete pain in the ass to even play this game...I'll bet people choose to abstain from participating.

*crickets* 

Pladizow's picture

The Bank never "goes broke." If the Bank runs out of money, the Banker may issue as much more as needed by writing on any ordinary paper.” – Monopoly, The Board Game – Rule Book, Third Paragraph of Section titled, ‘The Bank….”.

eforce's picture

Bitcoin is just an alternative they have made incase their forced cashless society idea doesn't work out.

Either way you will end up with an intangible currency.

JRobby's picture

They don't miss a trick

Feel free to substitute your own forms of payments when you are playing in your bunker, surrounded by provisions and ammo.

The9thDoctor's picture

Monopoly money or 1s and 0s.

It's all FAKE anyways, who cares!

froze25's picture

Always remember its the Sun and nothing else that decides whether or not this digital/Debt/Fiat BS continues. We are just one Carrington event away from going back to Steam engines.

Durrmockracy's picture
Durrmockracy (not verified) froze25 Feb 17, 2016 1:15 PM

Why can't some of you figure it out?  Gold and silver, "a store of value" are not enough by itself.  Yes, liquidity and transfer are actually important in 2016!  And the e-commerce boom could have just as easily happened under a gold or crypto-standard as well.  The fact that it happened in the fiat era is incidental to the story of the e-commerce revolution.

Poundsand's picture

I have the game, and it's worse than the bank never running out of money.  The rents are not in the 100's they are in the 1,000,000's.  You get a debit card and they bank keeps track of all the money for every player. 

Waiting for the hack that allows me to win every game.  "Well sweetie... The bank keeps track, I'm not sure why I have 1,000,000,000,000 in there"

1000 splendid suns's picture

Watch the first five minutes of the movie 'Zeitgeist, Moving Forward (2011)'

Ignatius's picture

The summary:

 

"We hang the petty thieves and appoint the great ones to public office."

Kirk2NCC1701's picture

"Who cares!", you say?  Those who're on the Inside care.  A lot.

Calculating women like Chelsea Clinton or Trump's daughter care.  They were born outside the System, but married into it -- to ensure that their spawn has all the benefits of being a (Self-)Chosen People.

Funny, but my daughter is considering the same thing.  As she put it: "If I'm going to subscribe to the customs and silly rituals of some ancient myth and superstition, I might as well pick the winning one."

Ouch, talk about "Clarity of thought and Darwinian purpose" in all these cases.  Clearly they choose not to be part of the Flock of Sheeple.

pods's picture

Just another dumb ploy to try and get kids with an attention span of a gnat to sit down for a grueling 5 hour deathmatch type of game.

Not gonna happen.

They can put whatever gizmos they want in there. Not going to work.  Nobody wants to play these games anymore.  

We bought one (the real one, albeit not the 70's version I grew up with, it was a throwback 30's one or some shit) and let me tell you, all the memories came back as to why I stopped playing that game.

I saw the commercial for the "new" monopoly with Xbox, and Twitter and other dumb things instead of the original streets and it reminded me of a washed up band trying to stay relevant with releasing new music. Stick with what got you there and accept that time moves on.

pods

Hal n back's picture

you go to stores and the kinds and adults canno tmake change on their own. Between credit cards and automated cash registers the kids never have to count.

 

When I used to play monopoly with the kids I used to slip them a few hundred when they ran out of cash--then they noticed that it became easy to pay off boardwalk witrh its hotel and 2,000 rent--to which I addressed "inflation, more dollars chasing product so the price has to go up. they figured it out.

 

new ultimate momopoly--only decision is whetehr but buy or not and at what pace to add houses and hotels. Everythign else automated, which is also relaite--we here either automate or outsource.

 

nobody smart enough to figure it all out apparently.

 

 

KnightTakesKing's picture

Slightly off-topic but buy the game, Settlers of Catan. Supurb resource management game that lasts about an hour to 1.5 hours tops.

zeronetwork's picture

Its a test case. If people bought this game and liked it, it means people are ready for slaughter.

new game's picture

slow slaughter, death by 100 liberties taken...

then the thump to the head...

bluskyes's picture

Monopoly is more realistic than I realized.

Manthong's picture

They need to put  Bluetooth in that thing so that all the 8-year olds can use the smart phones that mommy and daddy gave them to complete the purchase of the Vermont Street they are doomed to live on.

pods's picture

I've won many times by having those cyans.  :)

creeko's picture

Yeah... people flush with cash after passing 'Go" and landing on Oriental.  Nobody wins with the Baltic and Med, though... that Baltic is mighty dry!   :D

chunga's picture

Instead of a racecar, thimble, iron, all the pieces are probaly sheep. baaaa

Tall Tom's picture

While it is not a guarantee the Orange Monopoly is the key to winning as St.James Place is the third highest frequented space on the board, the others being Go and Jail. That gives you the highest probability of victory in an optimally played game.

 

It is also good to own Illinois, and the red monopoly as there is a ChanceCard that takes your there. Furthermore the ratio of cost of Hotel to rent charged is the second highest for hotels as Boardwalk has that honor of being first. 

 

The highest probability for the roll of two dice is SEVEN.

 

Everything else can be determined from that fact.

 

It is not as random as it may seem.

Tall Tom's picture

Somebody does not like MATH...

 

Awwwwwww...

new game's picture

tom are you a banker? you sure are thinking like one...

LawsofPhysics's picture

Will I be paid to take out a billion dollar loan?  That's what NIRP is all about right?

Hello?  Is this thing on?

 

Soul Glow's picture

Yeah, just don't save any cash in a bank.  That'll cost you.  So make sure to spend it on loans!  Buy a house, a car, anything!  Just buy, buy, buy! 

hedgeless_horseman's picture

 

 

Once every player has all his cards flipped upside down (mortgaged) then the banker wins!

oddjob's picture

Best to just fold up the board and shove it in the woodstove.

turnoffthewater's picture

Best is to just not buy monopoly!!
The warning is in the name. some here call it control lol

Flagit's picture

I heard that when Jamie Diamond was a kid, he would refuse to be a player, and always be the banker.

Tall Tom's picture

What do they win?

 

A bunch of undeveloped properties?

 

A bunch of worthless paper?

 

The lesson to learn from Monopoly is that when all others are bankrupt the that is the END GAME.

 

Yes. The game ends. It is over and done.

 

We are fast approaching that as the money becomes concentrated in far fewer hands.

Kaervek's picture

LoP instead of being paid you will be paying the bankers interest via taxes. It's your very own national debt that's financing all those loans after all.

You could try to start up your own bank, otherwise you will never get those juicy zero interest loans.

Trickle down economy alright, the bank gets infinite free money and some trickles into your account at 6% interest. Look at the bright side, now you can buy the new flat-screen TV you always wanted.

 

Soul Glow's picture

Gold and silver > btc 

Durrmockracy's picture
Durrmockracy (not verified) Soul Glow Feb 17, 2016 12:14 PM

Nope.  Gold and silver == BTC.

Kaervek's picture

Not sure what's the better investment but PMs have zero counterparty risk while Bitcoin does have some risks you can't deny. The upside potential may be bigger for this exact reason though.

Durrmockracy's picture
Durrmockracy (not verified) Kaervek Feb 17, 2016 12:34 PM

Gold and silver have risks too.  If you think that they can't find your stash you're just fooling yourself...

Kaervek's picture

Probably. They are not mutually exclusive anyway, I own both PMs and crypto - already the best investment I ever made and we didn't even get started with either rally yet.

Peterus's picture

If you think that they can't find a way to get your BTC you're fooling yourself.

If shit hits the fan and people who control army and police just decide to rob you outright there's nothing 100% protected. You need physical access to coins/bars if you want to make use of your metals - which is an obvious vulnerability. However you also need freeish net access (can't validate transactions if it's just you and the seller that got connected) to use your crypto - and this is no lesser vunlerability. Hard to say what goes first. It might be that the open net becomes a casualty of growing tyranny way before any physical confiscations are done.

It's also rather symmetrical in case somebody with supreme power over you, intent to use violence and a clue you've got what he's after got a hold on you. Person tied to a chair under a spotlight will just as easily talk on "where did you hide the gold?!" as "where did you hide access to your crypto currency?!".

Durrmockracy's picture
Durrmockracy (not verified) Peterus Feb 17, 2016 1:18 PM

Obviously you don't know how PANs and P2P works then...

Citxmech's picture

If there's no cash and all of your "money," "pay," "spare wealth," etc. is in digital form at the Bankster server farm - how exactly do you "buy" your underground bitcoin if they won't approve the transaction?  

Seems like folks would be stuck bartering goods for BTCs, at least initially, which could be a gigantic PITA

bbq on whitehouse lawn's picture

Never underestimate the ability of others to not think. People will do what is popular and avoid the unpopular. Thats why its easier to just pay cash and get the deal done.

Durrmockracy's picture

So would that be why BTC is the strongest and most unpopular currency on Earth?

Soul Glow's picture

Gold and silver are the strongest and most unpopular currency in the US, I can say that much.

Durrmockracy's picture
Durrmockracy (not verified) Soul Glow Feb 17, 2016 12:35 PM

I thought you guys always say they are money?

VWAndy's picture

So the banker will win every game now? Just like in real life.