Wednesday, March 25, 2015

Say Goodbye To Cash

The US government is making the use of cash extremely difficult:

http://www.infowars.com/feds-urge-banks-to-call-cops-on-customers-who-withdraw-5000-or-more/

And now the French government is doing the same:

http://benswann.com/france-enacts-strict-crackdown-on-cash-payments-because-charlie-hebdo-attackers-used-cash/

The pretext for doing this is to allegedly prevent criminal or terrorist activity, and so it may.

But a secondary effect is that it steers us into a cashless society, eliminating another thing which governments used to do - issue and control their own currency - replacing it with phony electronic fiat currency with no intrinsic value.

Is this a good thing? I doubt it. But we are clearly going in that direction whether you like it or not.

Democracy? Don't make me laugh.

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