The apocalyptic book of Zechariah in the Bible foretells of a last days world wide currency, or medium of exchange, that we be established in Babylon. The currency will not be gold or silver based, but rather lead based which may mean that it is not based on any limited material, making it worthless.
In the last apocalyptic book of the Bible, Revelation, it goes on to say that individuals around the world will not be able to buy or sell without receiving special mark to distinguish friend from foe, follower from infidel, proponent from opponent. The mark will be the same for all, so it will not be a unique number for individuals ruling out credit card numbers or bank numbers.
It seems to be a mark of citizenship, or fidelity of the members of this new world wide movement. The only problem is that whoever receives this mark, rejects Jesus Christ. Whoever goes along and receives this mark will spend eternity in hell.
Revelation 13:15 And he had power to give life unto the image of the beast, that the image of the beast should both speak , and cause that as many as would * not worship the image of the beast should be killed * . 16 And he causeth all, both small and great *, rich and poor *, free and bond, to receive a mark in their right hand *, or in their foreheads: 17 And that no man might buy or sell , save he that had the mark, or the name of the beast, or the number of his name. 18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
Revelation 19:20 And the beast was taken , and with him the false prophet that wrought miracles before him, with which he deceived them that had received the mark of the beast, and them that worshipped his image. These both were cast alive into a lake of fire burning with brimstone.
Revelation 14:9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image, and receive his mark in his forehead, or in his hand, 10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the Lamb: 11 And the smoke of their torment ascendeth up for ever and ever: and they have no rest day nor night, who worship the beast and his image, and whosoever receiveth the mark of his name.
NO
WAY.
By the way —
Asking people to provide an ID when they vote? Racist! Some people don’t carry little pieces of plastic which identify their place in society!!!!
Getting rid of cash? Oh, no problem. I gots my card from the gubmint for all the stuff I needs.
Precious metals: gold, silver, lead, copper, steel, etc.
Abolish cash? Sure. Gold coins only.
It's all about herding about 99% of the world's population. And I'm not sure the "conservatives" would be on our side. Most of them are bought and paid for by the big banks.
Oooo, that's a 2012 dollar bill. It's only worth 80 cents of modern money. You should have deposited it and you would have only lost 10 cents of value in the intervening time.
A while ago someone from the Fed wrote a paper about this topic - how to handle a low interest environment with deflation - and one of the solutions was money with expiration dates. This was before the internet was common so he sent me a paper copy when I asked about it. I can't imagine having thrown it out, but I just cannot find it any more.
Revelation 13 is definitely what I would have put into the title.
I am sure we’re on the same page though.
It used to be diagnostic for a person being evaluated by a psychiatrist to determine their mental health, if the person would tell the psychiatrist what he *really* thought, without hesitation or evasion, it was a good indicator that he indeed was mentally ill.
Of course, what he really thought was likely bizarre, irrational, or so fantastic that it could not be believed. To the point where it could not pass the common sense “sniff test”.
I mention this because the same rule applies to economists.
That is, living in their white towers, imagining endless economic theories, they often reach laughable conclusions that they cannot see are laughable. Often they are simplified as well to the point where any sane person would say that their ideas are ridiculous.
“Abolishing cash” is one of these farcical notions. It typically means that it is time for them to retire and start a turkey farm.