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Bloomberg Op-Ed Calls For An End Of Cash
Zerohedge.com ^ | 01/31/2016 | Tyler Durden

Posted on 01/31/2016 10:57:04 PM PST by MarchonDC09122009

So It Begins: Bloomberg Op-Ed Calls For An End Of Cash

http://www.zerohedge.com/news/2016-01-31/bloomberg-op-ed-calls-end-cash

So It Begins: Bloomberg Op-Ed Calls For An End Of Cash

Submitted by Tyler Durden on 01/31/2016

In a moment of curious serendipity, a little over 90 minutes after we showed what a dystopian, centrally-planned, cashless society unleashed in a negative interest rate world would look like ("by forcing people and companies to convert their paper money into bank deposits, the hope is that they can be persuaded (coerced?) to spend that money rather than save it because those deposits will carry considerable costs"), and briefly after we laid out the countless recent warnings from "very serious people" that cash is evil and should be banned:

1. Norway's Biggest Bank Demands Cash Ban 2. Bank Of England Economist Calls For Cash Ban, Urges Negative Rates 3. Citigroup's Gold "Expert" Demands A Cash Ban 4. Leading German Keynesian Economist Calls For Cash Ban

... while warning to await a full-on coopted media assault about the dangers of cash "which is an anacrhonysm from a bygone era, and that the world will be so much better if only everyone dutifully exchanges the physical currency in their pocket for digital, traceable, and deletable 1s and 0s", none other than Bloomberg issued an editorial Op-Ed in which it had one simple message: "Bring On the Cashless Future."

For those who were amused by our warning that a cashless world may be coming, here is precisely why the warning was issued, in Bloomberg's digital ink:

5. Bring On the Cashless Future - Bloomberg..."

(Excerpt) Read more at zerohedge.com ...


TOPICS: Front Page News; Government; News/Current Events
KEYWORDS: abolishcash; banking; bigbrother; bitcoin; cash; cashless; economy; finance; gold; mark; negativerates; nwo; tylerdurden; tylerdurdenmyass; zerohedge
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To: HartleyMBaldwin

exactly


101 posted on 02/01/2016 6:22:40 AM PST by muir_redwoods (Freedom isn't free, liberty isn't liberal and you'll never find anything Right on the Left)
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To: Arthur Wildfire! March

Those in power would have absolute control of you

once you cant buy anything without the cashless system they control.


102 posted on 02/01/2016 6:28:17 AM PST by MarvinStinson
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To: muir_redwoods

Exactly wrong, anyway, as far as Gresham’s Law is concerned.


103 posted on 02/01/2016 6:34:44 AM PST by HartleyMBaldwin
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To: MarchonDC09122009

Bloomberg and his minions are evil.

James-Bond-Villian evil.


104 posted on 02/01/2016 6:36:19 AM PST by Lazamataz (I'm an Islamophobe??? Well, good. When it comes to Islam, there's plenty to Phobe about.)
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To: MarvinStinson

I agree. Spooky as sin. We pretty well kicked this one to the curb here and are eager to kick it more!


105 posted on 02/01/2016 6:36:26 AM PST by Arthur Wildfire! March (Cruz and Trump FRiends strongest when we don't insult each other.)
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To: MarvinStinson

But you know the Establishment wants this as badly as Zero-Care and Amnesty. Bloomberg just the bold one on it right now.


106 posted on 02/01/2016 6:37:21 AM PST by Arthur Wildfire! March (Cruz and Trump FRiends strongest when we don't insult each other.)
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To: MarvinStinson
once you cant buy anything without the cashless system they control.

Wouldn't it be easier just to have a mark on the hand or the forehead to buy and sell?

We could call the system the Banking / Electronic Assests / Secure Transactions system.

B.E.A.S.T. would be the acronym.

107 posted on 02/01/2016 6:38:47 AM PST by Lazamataz (I'm an Islamophobe??? Well, good. When it comes to Islam, there's plenty to Phobe about.)
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To: BeauBo

Tightening the screws. If you don’t obey we lock yioir accounts and you can’t at your bills. Wa t to but that new Kimber AR-15? Uh uh uh, no can do. How bout that McDonald’s burger and French fries. I’m sorry sir but the Obamacare interface says you are overweight by about 20 lbs. Come back after you’ve lost the weight.


108 posted on 02/01/2016 6:39:00 AM PST by jsanders2001
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To: sten

Watch out now, there’s a few here who’s all keen on the Federal Reserve, even calling it ‘legal’ *PSsst*

***

One only needs to see the last 100 yrs to know where this is going:

The original confiscation of TRUE money by the 1st tyrant of the 20th century, Roosevelt. How the Citizens of that time didn’t rise up...

Then the slow switch from TRUE money backed paper to fiat paper (US Notes vs. Fed Reserve Notes)

Then the final collapse: Taken-off of the gold standard

These days, we have talk to retirement fund confiscation (ala Argentina), now ‘digital’ currency (ala Greece).

History has shown, it’s not IF, but WHEN.


109 posted on 02/01/2016 6:39:51 AM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: catfish1957
bitcoin's collapse last year

Oh no! Wait, hang on. $374. Phew! You had me for a moment there. Although that is a little low, maybe I'll buy some more.

110 posted on 02/01/2016 6:42:00 AM PST by palmer (Net "neutrality" = Obama turning the internet over to foreign enemies)
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To: Lazamataz

Bloomberg, Merkel, Obama all serve the same masters.


111 posted on 02/01/2016 6:44:25 AM PST by MarvinStinson
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To: sten
at least with crypto currency, they'd have to come to your house and find it.

Unless you keep the private keys somewhere else. You are correct that they do not want a worldwide distributed ledger because they cannot control that. Your private keys pointing to your value in that ledger can be hidden in a variety of ways, digitally.

112 posted on 02/01/2016 6:45:10 AM PST by palmer (Net "neutrality" = Obama turning the internet over to foreign enemies)
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To: MarchonDC09122009

Totalitarianism comes when they can trace your every move.


113 posted on 02/01/2016 6:45:29 AM PST by Uncle Miltie (Populism is what Populism does.)
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To: GeaugaRepublican
You don't get Cruz
We don't get Trump and
We get Rubio.

Yes, that is their plan. From last fall: Roughly 300 Republican donors and fundraisers packed a Manhattan fundraiser for Sen. Marco Rubio Wednesday night, the latest sign that the Florida senator is gaining ground in the New York money capital.

114 posted on 02/01/2016 6:47:33 AM PST by palmer (Net "neutrality" = Obama turning the internet over to foreign enemies)
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To: MarchonDC09122009

Maybe it is time to start (if you haven’t already) hoarding precious metals ......... brass and lead.


115 posted on 02/01/2016 6:48:38 AM PST by shooter223 (the government should fear the citizens......not the other way around)
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To: datura
As I said in your other thread, the mark is coming.

The Spirit of Antichrist is here and working on the hearts and minds of the lost to accept and promote this. Everything that is written in the Word of God will come to pass.

Revelation 14:9-12:

"Then a third angel followed them, saying with a loud voice, "If anyone worships the beast and his image, and receives his mark on his forehead or on his hand, he himself shall also drink of the wine of the wrath of God, which is poured out full strength into the cup of His indignation. He shall be tormented with fire and brimstone in the presence of the holy angels and in the presence of the Lamb. And the smoke of their torment ascends forever and ever; and they have no rest day or night, who worship the beast and his image, and whoever receives the mark of his name."

Here is the patience of the saints; here are those who keep the commandments of God and the faith of Jesus."

116 posted on 02/01/2016 6:50:35 AM PST by 444Flyer (How long O LORD?)
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To: Lazamataz

Bloomberg, Merkel, Obama all serve the same masters.

And they all are going into brazen, in your face mode

because their masters have apparently decided that this is the stretch run.


117 posted on 02/01/2016 6:51:21 AM PST by MarvinStinson
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To: MarchonDC09122009

I’ve actually switched to cash on most everything.

I applied for life insurance and they had records from visa (debit card, mind you)/shopping rewards cards of purchases I’ve made — specifically nicorrette, which I switched to after dipping.

They want digital currency as a means of control.


118 posted on 02/01/2016 7:04:14 AM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: zeestephen

They want it mandatory to control you.

They will ration what you buy, when you buy it.

They are forcing a lot of businesses (e.g., gun stores) to be “non-banked” because they are not PC.

They will keep records of what you buy and use it against you.

They will shut off your money when they determine you are an enemy of Obama (or whomever is in power).

I do everything in cash except utilities and giant purchases like cars (and still pay cash there, but use electronic funds).


119 posted on 02/01/2016 7:08:17 AM PST by TheThirdRuffian (RINOS like Romney, McCain, Christie are sure losers. No more!)
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To: Arthur Wildfire! March

OT-never been on one either. Too paranoid about things like diseases and rogue waves, lol.


120 posted on 02/01/2016 7:16:01 AM PST by mrsmel (I won't be reconstructed and I do not give a damn.)
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