Quiet Victory for Elites Accelerates Cashless Agenda

Birchgold ^

[Lorianne]

World leaders and economists are pushing harder than ever toward a cashless society. With anti-cash measures already being tested in Europe and the Third World, it’s only a matter of time until the global elite push for the same in the U.S. Will globalists’ dream of a cashless society soon become reality?

Plotting in Switzerland

Last month, members of the World Economic Forum, more commonly known as the Davos Elite, met for their annual gathering in Switzerland, and the pursuit of a global cashless society was a major topic on their agenda.

Nobel Prize-winning economist Joseph Stiglitz, a key member and figurehead for the group, made several statements indicating their intensifying push to eliminate cash. And another major economist from the group, Kenneth Rogoff, echoed similar sentiments.

Ross Chainey writes:

Indian Prime Minister Narendra Modi has already removed 86% of his country’s currency from circulation in an attempt to curb tax evasion, tackle corruption and shut down the shadow economy.

Should the US follow suit?

Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would, over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum’s Annual Meeting in Davos.

…

“I believe very strongly that countries like the United States could and should move to a digital currency,” he said, “so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages.”

Stiglitz is not the only Davos economist to make the case for a “less-cash” society. Harvard’s Kenneth Rogoff has argued for two decades that a society awash with cash contributes to the growth of the underground economy. Rogoff believes large-denomination bank notes, rarely used by ordinary people and businesses, should be phased out. “Cash facilitates crime because it is anonymous, and big bills are especially problematic because they are so easy to carry and conceal,” he says in this article.

India and the E.U. Show How It Begins

The global power structure isn’t just talking about a cashless society anymore. After quietly preparing for years, they’re finally starting to see the fruits of their labor.

India is already being touted as a poster child for the cashless movement after Prime Minister Narendra Modi pulled a staggering 86% of his country’s cash from circulation, effectively boosting tax revenue by 14.4%.

Now Europe wants to get in on the action: The E.U. already halted production of its €500 banknotes, and it just announced intentions to lower its existing €1,000 maximum on cash transactions. The new maximum is yet to be determined.

A Refuge From the Tightening Financial Grid

Maintaining control of your money is key to guarding your freedom, so it goes without saying that the cashless agenda poses as a direct threat to your freedom. With several victories under their belt, the global elite are charging full speed ahead.

Is there any way for you to “opt out” of this coming movement?

We believe that there is. As cash starts disappearing, precious metals will be one of the best ways to manage your savings outside the system.

But remember, gold and silver are limited resources, and prices will rise as people use them to flee from the cashless movement. Once the shelter is full, so to speak, your chance to get inside may never return.

[Dilbert San Diego]

Will people get bitcoin accounts???? Bitcoin is outside the banking systems and out of the reach of government isn’t it?

[MichaelCorleone]

I guess so. I’m not exactly a whiz with technology, and I don’t pretend to understand how Bitcoin works.

Maybe I better study up.

[wrench]

Don’t know where you are, but 0bama’s gig economy is all around the South. Only folks with 9 to 5s are cashless, gig folks are strictly cash.

Want your house painted, cash. Want your roof fixed, cash. Want your driveway paved, cash,lawn cut, cash, etc., etc. The dealership will fix your car and take electronic payment, Bubba will do it on the weekend for cash at 1/2 the price (his day job is working at the dealership).

Pay by check and the price nearly doubles, EFT payment, nope.

[6ppc]

Tamp ‘em up solid...

So they won't come down...

[longtermmemmory]

(s)oh joy, another click bait “the economy is doomed buy gold from us” thread(/s)

[marktwain]

This source says Nixon did not stop the printing; he ordered them withdrawn from circulation.

http://www.coinworld.com/news/paper-money/2016/07/united-states-prints-high-denomination-notes.all.html

President Nixon issued an executive order July 14, 1969, initiating withdrawal from circulation through the Federal Reserve of high-denomination notes above $100.

[TADSLOS]

Ping.

[Panhandle.deporable]

I lost pretty much everything in the great recession. Been all cash ever since. Have not even had a bank account in 9 years. Grown to love it. Can see now the big bank credit card elitist scam. I do have a Wal-Mart Money card. If they ever do go cash less it’s over. Thank God again for trump. He is our wall. ....

[Tilted Irish Kilt]

I want the USA back :" Once the leftists force the people to stop using cash, they see all transactions.
This will enable them to skim as much money as they want from transactions and bank balances.
They will have the ability to take your money and put it into the accounts of the “poor” “oppressed” minorities."

Notice that this is bankers and 'Big Money' talking about our income.
These are the same people who will do the 'skimming off the top' in miscellaneous fees, with the permission of the FED government .
And because it might raise the government take of taxation (in India, raised 14.5% taxation), the Federal government will probably go along with it.
It is much easier for government to reach into your account and just remove some digital integers.
This would leave the only other acceptable currencies of precious metals and barter.

[sargon]

“benefits that outweigh the cost,”

One of the costs, of course, being Freedom.

No thanks.

Can you imagine a cashless society? No man will be able to do buy or sell without the state's permission (the mark of the beast).

Sounds like a formula for slavery to me. It should be resisted to the utmost. Can you imagine the control the state would have, if they can "turn off" any citizen's ability to buy or sell? It's already getting close to that.

It's authoritarian garbage, and I don't give a damn how efficient it is, it will always be an abomination, at least in the form these totalitarians envision it...

[LucyT]

Quiet Victory for Elites Accelerates Cashless Agenda

" Once the leftists force the people to stop using cash, they will see all transactions.
This will enable them to skim as much money as they want from transactions and bank balances.

They will have the ability to take your money and put it into the accounts of the “poor” “oppressed” minorities."
Notice that this is bankers and 'Big Money' talking about our income.

These are the same people who will do the 'skimming off the top' in miscellaneous fees, with the permission of the FED government .

And because it might raise the government take of taxation (in India, raised 14.5% taxation), the Federal government will probably go along with it.

It is much easier for government to reach into your account and just remove some digital integers.
This would leave the only other acceptable currencies of precious metals and barter.

Thanks, Tilted Irish Kilt.

[greeneyes]

Just one more evil Globalist scheme to make sure they know exactly what you are doing with your money. How much ammo you have bought, what sort of guns, how much food etc.

[PGalt]

Thanks for the ping. “It’s all about money, ain’t a damn thing funny.”

https://www.youtube.com/watch?v=O4o8TeqKhgY

[Axenolith]

We’ve already had it since 1986. All people have to do is use it. People either aren’t aware of it, or they don’t care and are ready to embrace their chains when cash is restricted/abolished...