At one point in recent history it was said that “Cash is King”, Well that no longer seems to be the case. in fact there is a concerted effort to phase out Physical money/assets, and to make the majority of the population dependent upon credit’s and digital money. Sure if you really know your research, you’ll already know that Federal Reserve notes, A.K.A. Dollars are simply notes printed to denote a Debt to the fractional reserve banking system. But the latest plan seems to be to phase out any kind of physical wealth and to replace it with digital credit, (Of course kept in the care of Government, or Government affiliated Banking institutions). And of course if you aren’t already independently wealthy, or economically independent (which most of us are not..) You are subjected into submitting to the coming Cashless World order
What the world saw in The Global Economic Crash (Nee,Swindle) of 2008 is proof that Governments will do whatever they can to prop up the (current) global economic system of profit and monopoly,And if those same governments that supported the bailouts of the financial industry were willing to mortage away their citizens (In)vestments,than they would surely be willing to use them as test subjects for a global cashless control system.
The phasing out of physical (Cash) assets has been a slow drip methodology, with the advent of credit and Debit payments citizens have been encouraged to rely on their bank cards rather than carrying a wad of cash in their wallet. And so Electronic payment has become a Global Phenomena,Many countries around the world are slowly instituting programs that either outright ban large amounts of cash or place a restriction on it’s use.
The current list includes Countries such as:
CANADA– In 2007 the Canadian government stopped allowing payment of taxes in cash at government service centers. In 2010 Passport Canada followed suit. In 2012 The Canadian mint introduced the Mintchip credit payment system, moving further away from cash to a credit based system.
MEXICO – In 2013 the Mexican government banned cash payments of more than 500,000 pesos for real estate and more than 200,000 pesos for cars, jewelry or lottery tickets.
U.K. – In 2014 cashless payments surpassed cash payments for the first time in the UK,and just last year the Bank of England’s chief economist made the case for negative interest rates and abolishing cash.
INDIA– India is one of the most cash-dependent economies in the world with a cash-to-GDP ratio of 12%, almost four times that of fellow BRICS nations Brazil and South Africa. Just recently in 2015 India pulled 86% of it’s cash assets out of circulation,causing a mass chaos across the country. The direct shortage of cash, with no reliable alternative system in wide use among the nation’s poorer majority, resulted in demand that outstripped supply on every front for physical cash and a means of exchange,which could bring the daily functioning of the Nations Economy to halt.
These same trends are incrementally taking place in many other nations such as China, The European Union,and Several South American nations. <em>While none of these countries have fully eliminated cash from circulation, the banks/government make is sound “trendy”,or convenient to never use cash. Why force a policy change when you can convince the people to hand over their freewill?
Alongside these internal Banker/Bureaucrat plans to phase out cash, The secretive “discussions” of the Bildeberg Group have also centered on the Abolition of cash economies in favor of a One world economic credit system.
A cashless Society could be the ultimate form of control, lorded over by Technocrats and Elitists. A “chipped” population would be the ultimate leverage in such a digital system,and if the people cant be convinced of that, they can always be forced.
If society becomes cashless, dissenters can’t hide cash. All of their financial holdings would be vulnerable to an attack by the government.
This would be the ultimate form of control. Because – without access to money – people couldn’t resist, couldn’t hide and couldn’t escape.