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They Are Slowly Making Cash Illegal

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Cash - Public DomainThe move to a cashless society won’t happen overnight.  Instead, it is being implemented very slowly and systematically in a series of incremental steps.  All over the planet, governments are starting to place restrictions on the use of cash for security reasons.  As citizens, we are being told that this is being done to thwart criminals, terrorists, drug runners, money launderers and tax evaders.  Other forms of payment are much easier for governments to track, and so they very much prefer them.  But we are rapidly getting to the point where the use of cash is considered to be a “suspicious activity” all by itself.  These days, if you pay a hotel bill with cash or if you pay for several hundred dollars worth of goods at a store with cash you are probably going to get looked at funny.  You see, the truth is that we have already been trained to regard the use of large amounts of cash to be unusual.  The next step will be to formally ban large cash transactions like France and other countries in Europe are already doing.

Starting in September, cash transactions of more than 1,000 euros will be banned in France.  The following comes from a recent Zero Hedge article which detailed what these new restrictions will do…

Prohibiting  French residents from making cash payments of more than 1,000 euros, down from the current limit of  3,000 euros.

Given the parlous state of the stagnating French economy the limit for foreign tourists on currency payments will remain higher, at 10,000 euros down from the current limit of 15,000 euros.

The threshold below which a French resident is  free to convert euros into other currencies without having to show an identity card will be slashed from the current level of 8,000 euros to 1,000 euros.

In addition any cash deposit or withdrawal of more than 10,000 euros during a single month will be reported to the French anti-fraud and money laundering agency Tracfin.

French authorities will also have to be notified of any freight transfers within the EU exceeding 10,000 euros, including checks, pre-paid cards, or gold.

Of course Spain has already banned cash transactions of more than 2,500 euros and Italy has already banned cash transactions of more than 1,000 euros.

We don’t have these kinds of outright bans in the United States just yet, but what we do have are some very strict reporting requirements.

For example, if you regularly deposit large amounts of cash, there is a very good chance that you have been the subject of a “suspicious activity report”.  In 2013, approximately 1.6 million suspicious activity reports were submitted to the federal government.

The following guidelines for when a suspicious activity report should be filed come from a government website

*****

Banks, bank holding companies, and their subsidiaries are required by federal regulations53 to file a SAR with respect to:

  • Criminal violations involving insider abuse in any amount.
  • Criminal violations aggregating $5,000 or more when a suspect can be identified.
  • Criminal violations aggregating $25,000 or more regardless of a potential suspect.
  • Transactions conducted or attempted by, at, or through the bank (or an affiliate) and aggregating $5,000 or more, if the bank or affiliate knows, suspects, or has reason to suspect that the transaction:
    • May involve potential money laundering or other illegal activity (e.g., terrorism financing).54
    • Is designed to evade the BSA or its implementing regulations.55
    • Has no business or apparent lawful purpose or is not the type of transaction that the particular customer would normally be expected to engage in, and the bank knows of no reasonable explanation for the transaction after examining the available facts, including the background and possible purpose of the transaction.

*****

Most people don’t realize this, but there are minimum quotas for suspicious activity reports that banks must meet.  If they do not submit enough suspicious activity reports, they can be fined (or worse).

And now the Obama administration is saying that just filling out suspicious activity reports may not be good enough.

According to the Wall Street Journal, banks are actually being encouraged to directly contact law enforcement if they see something that does not look right…

The U.S. Justice Department’s criminal head said banks may need to go beyond filing suspicious activity reports when they encounter a risky customer.

“The vast majority of financial institutions file suspicious activity reports when they suspect that an account is connected to nefarious activity,” said assistant attorney general Leslie Caldwell in a Monday speech, according to prepared remarks. “But, in appropriate cases, we encourage those institutions to consider whether to take more action: specifically, to alert law enforcement authorities about the problem.”

The remarks indicate that banks may be expected to do more than just file SARs, a responsibility that itself can be expensive and time-consuming.

That should send a chill up your spine.

In a recent piece, Simon Black imagined a future scenario in which some unsuspecting American citizen goes to the bank to withdraw a large amount of cash…

Imagine going to the bank to withdraw some cash.

Having some cash on hand is always a prudent strategy, and especially today when more and more bank deposits are creeping into negative territory, meaning that you have to pay the banks for the privilege that they gamble with your money.

You tell the teller that you’d like to withdraw $5,000 from your account. She hesitates nervously and wants to know why.

You try to politely let her know that that’s none of the bank’s business as it’s your money.

The teller disappears for a few minutes, leaving you waiting.

When she returns she tells you that you can collect your money in a few days as they don’t have it on hand at the moment.

Slightly irritated because of the inconvenience, you head home.

But as you pull into your driveway later there’s an unexpected surprise waiting for you: two police officers would like to have a word with you about your intended withdrawal earlier…

Perhaps you don’t think that anything like that could ever happen to you.

Well, consider what the feds are doing to one widow in Iowa

A widow’s bank account was seized by the IRS and she now faces criminal charges for depositing her legal inheritance money in lumps instead of all together.

Janet Malone, 68, had $18,775 seized from her — money that was legally earned and was legally bestowed to her by her late husband, Ronald Malone. The problem, according to the government, was the fact that she deposited it in several lumps instead of all at once.

According to the Associated Press, Mrs. Malone deposited the cash in increments between $5,800 and $9,000. The widow’s private financial affairs evidently set off red flags under the watchful gaze of the federal government.

Remember, she was not guilty of committing any crime other than depositing cash in lumps instead of all at once.

If this is how ruthless the feds will be with an elderly widow, how would they treat you under similar circumstances?

So why are they doing this?

The truth is that they want to discourage the public from using cash.  Our government, just like governments all over the planet, is not being shy about the fact that it does not like cash.  If they can make people afraid to use cash, that suits their purposes very well.

And with each passing year the restrictions on the use of cash globally will just get tighter and tighter and the role that cash plays in our lives will just become smaller and smaller.

In the end, a transition to an almost entirely cashless society will seem almost natural.  Cash is being killed off one slow step at a time, and at this point hardly anyone is objecting.

  • K

    If you are caught driving down the road, with more than 6 hundred in cash. Many places will try to confiscate it. Thanks to the so called war on drugs. Any real amount of cash is considered proof of criminal activity. That is the kind of fascist Country we now live in. The Government will not be satisfied, until they know every time you sneeze. And as you point out, very few people even care.

    • jared thompson

      They ‘leaked’ info on snowden, but the reality of their totalitarian regime is far worse than they publicly acknowledge. Even Russia is a false opposition, having been conquered by bankers and marxism since the early 1900s; where 66 million white Christian Russians died. But no war reparations were paid, unlike a certain infamous event that resulted in the creation of Israel, where German/caucasian guilt and reparations musty last forever, even though in iran the textbooks show evidence that only 300 000 of this ‘Chosen’ group died from starvation, not gassing.

      • Mike

        Quit quoting the Bible anti-Semite! Here’s a true Christian response to your satanic anti-Semitism from a guy named Simon on the last article:

        I will outline the love affair with Israel, though I am Australian. Jesus is the King of the Jews who will rule the nations from Jerusalem. He authored a book about what would happen to Israel before and after he returns. We stand with Israel because Jesus chose them – we do not condone everything that Jews or Israel do, as with any other people or nation – but we acknowledge God’s promise to bless those who bless Israel and to curse those who curse Israel. (for example, dividing the land – bad idea says God in Joel 3:2). We do also acknowledge that Satan has a bent towards the destruction of the Jews and of Israel and so we point this out to people that they might know that Jesus still loves them, even though for the time being many of them are cut off from him through unbelief. I recommend the book of Romans – particularly chapters 9-11 – for highlighting Jesus’ plan to restore the Jews to himself through the witness and faithfulness of the Gentiles, seeing as how we Gentiles benefitted greatly from the faithfulness of Israelites through the ages. We love what God loves and Israel makes the list boldly. Hope that helps.

        • jared thompson

          Liar.

          Jews are not a semitic people. You are not a casual observer but have an agenda.
          You are a Government shill and are obviously watching my comments.
          You are no Christian, don’t speak for Christianity, but seek to corrupt it.
          Jesus was set apart from the evil Jews who had him murdered in cold blood.

          Hope that helps.

          • GuatemalanHousekeeper

            oh brother- the old “shill” word. Either way Christ is no promoter of any of what we know as “Jew” today- jews as WE know them are not the jews of the Bible. But I doubt your opponent is a “shill” more likely an uninformed person. Best to respond with kindness and truth rather than arguments,however.

          • LOL

            Well, there are tens of thousands of paid fedgov keyboard warrior wannabes.

        • peter

          Can anybody help us on the following: In our
          time period of 2015 years – are there any written documents of any sort
          available from the first 400 years and where is it located

          • Hey You

            You may want to investigate “History Timelines”which has factual information of that period.

        • GuatemalanHousekeeper

          “anti semite”? There is not one drop of semitic blood in any jewish person’s DNA. They are all of Eastern European descent. The Samaritans, an almost extinct tribe in Israel may have a small amount of Semite in them.

          • BuenSabor

            Untrue.

            The Kohain Y-Chromosome is the Levite DNA marker, from one of the 12 sons of Israel. Present in both Ashkenazi (Khazaran) and Sephardic Jewish populations.

          • Truth will set you free

            Im glad you see scripture in her right context……not!
            But i like to read your reactions, they kinda funny

        • Lonejack

          Your obsequiousness toward modern history’s most insidious tyrants is itself “satanic.”

    • laura m.

      The only time I get large amounts of cash (in the thousands) would be to get a cashiers check from my credit union, take it to local businesses for a car, furniture or appliances, I recently wrote a check for a recliner and car insurance and utility bills. I use a debit card for groceries, and pay cash at Target and other stores that have a reputation for being breached. I withdraw 300 to 400 cash for spending money every month. Pay pal acct is for ebay and prepaid cell phone. Folks, all the above makes sense and I rec. others to follow basically what I do and keep it simple. The gov is corrupt and politician scum bum puppets get paid for doing nothing but what they are told. Voting is useless and rigged for decades now. Flea markets, underground econ., one on one sales of personal items, and yard sales only use cash

  • Paul

    O beautiful for surveillance skies,
    For Bourgeoisie waves of pain,
    For banker elite majesties
    Above the toiler lame!
    America! America!
    Debt shed its vise on thee,
    And crown thy good with slave hood
    From sea to shining sea!
    O beautiful for Proletariat retreat
    Whose stern impassioned stress
    A thoroughfare for endless defeat
    Across the wilderness.
    America! America!
    Debt inflame thine ev’ry flaw,
    Confirm thy spending unabated,
    Thy tyranny in law.
    O beautiful for countless fail
    Of oppressive strife,
    When callously to no commoners’ avail
    The elites lavish in their materialistic life.
    America! America!
    May debt thy gold refine
    Till all spending be nobleness,
    And ev’ry scam divine.
    O beautiful for dead patriot dreams
    That saw beyond the Ponzi Scheme
    Thine alabaster cities are no longer redeemed.
    Dimmed by destitute tears.
    America! America!
    Debt shed its vise on thee,
    And crown thy good with slave hood
    From sea to shining sea

    • jared thompson

      God is the answer to our problems that you eloquently describe above. But few seek his face.

      i make sure that people know this as its important to keep reminding everyone.

      • Paul

        Amen Jared. The Lord is my salvation.

    • XSANDIEGOCA

      Well stated and very sad.

  • robert

    Anything is possible with government to be sure. Often the luck of the draw. Personally, I rarely use cash. The credit card provides more consumer protection than cash. But, go to a casino and see how far you get without cash OR go to an auction and see what having no cash will get you. The money laundering for the big crime organizations will never be stopped since they can do it in banks abroad that have no problem with it. All your accounts are in digits anyway so spending digits is only going to become more prolific.

    • Lucifer

      HSBC ‘humbled’ by magnitude of Mexico money laundering scandal

    • jared thompson

      Joocifer (aka space aliens aka illuminati aka NWO as disinfo) stole all the real assets, including gold, then off shored most of it.

  • T.

    “So why are They doing this?” In a word – CONTROL. THEY (Government) want to CONTROL every aspect of our lives. PERIOD. THEY, therefore need to have everyone using “Electronic” means for all payments. THEY can then Track all yours and my Transactions. CASH is Not Controllable.

    • AvidReader

      Control in order to tax and inflate everyone’s money fully automatic.

      • Bernardo Mendes

        Control in order to decide who can buy stuff and who cannot. If you don’t comply to their “order” they can simply cancell your RFID.

        • jared thompson

          Could just be a thumbprint on a database. Doesn’t need to be RFID, though that could be used as well.

          • Mike

            Forehead or right hand.

          • GuatemalanHousekeeper

            Sighs.. NO, there is no physical “mark”. If you want to quote the Bible, at least READ it and read it in context.

          • GuatemalanHousekeeper

            OR biometrics. Every food stamp applicant has their “biometric” taken. They tell you to stand still for a “photo”. The EBT cards HAVE no “photo” on the card. I have no idea what their plans are for these biometrics. Maybe to cut troublemakers out of their food allowance?? they claim the biometric is to prevent fraud. There has not been a SINGLE arrest for EBT card fraud that I can find.

    • Bernardo Mendes

      exactly.

    • jared thompson

      So the bankers and their middle class friends who pose as ‘liberals’, all of one ethnicity and desiring a totalitarian society as the ‘chosen’, can get rid of the rest of us. I read their holy book. Pure Luciferianism, where they are to be worshipped as God and with lots of tips on how to screw non-members over. Crime syndicate does not even begin to describe this group of people who claim to be persecuted, but are the murderers of the world.

      God is the biggest hater of this fake group of people. But even he desired their repentance, as from all his children.

      • T.

        Yes. You are right. I know very well of whom you speak.

      • K2

        Bash people alone not their ethnicities. Person of any ethnicity would have done the same thing, if that person had the power and the authority to do it. Money and power corrupts everybody.

        • jared thompson

          Their ethnicity is the most evil – why are you protecting such an evil group.
          Money, it wouldn’t corrupt any other group that much to that extent, like Chinese, Indians, Pacific Islanders, Whites, Sikhs, Hindus, Christians Muslims..

          Stop making excuses for them and their evil, for they are evil genociders. They play as if they are innocent victims, but 1/4 of the world clearly acknowledges their evil, and the rest are too poor to care, suffering from the results of their banking usury.

          • K2

            Their ethnicity is not the most evil. And i am not protecting them. And money corrupts everybody. The world/people hate any and every group that is different from them.

        • Hey You

          I do not agree. Money and power corrupt only the few who search for it. My guess is that covers only about 10% of us. Of course, a few dozen cockroaches can mess things up for many average people.

          • therooster57

            The structural apex is an ally in that search too. A structural apex is like a light to moths. Structure is the guiding principle by which power flows in a society. Nobody seems to think of that. Wicked people have no power over our lives unless the wickedness is combined with leveraged power by way of position ….. thus this goes right back to structure.

      • Karie

        And what is the name of their ‘holy book’ please.

        • rentslave

          Bank.

          • Truth will set you free

            Its all about revelation 13!

            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.

        • Mangosteen, $1000 chair

          I tried to post it but it’s waiting to be approved. One word, starts with the letter T next letter is A then L then M then U then D.

    • Pic889

      You forgot another important benefit (to the banks). If money becomes all virtual, the banks won’t be obligated to have a stash of real cash to give to people doing withdrawals.

      It’s all virtual. They can report they have assets covering 90% of deposits (by cooking the books), while they may not even have 0.05%.

      Not to mention they can all agree to charge a fee for every move you make, and there won’t be any other option to pay for the goods and services you buy, so you ‘ll have to play ball.

      • Pic889

        Oh and one more thing: Keeping a hidden stash of cash is still a great way to survive a bankrupcy. If nobody accepts cash and they only accept money “stored” in some bank or card, you are ruined.

        One single (grossly inflated) hospital bill could make you a slave for your whole life.

        • GuatemalanHousekeeper

          Well what happens if no one accepts cash? what if that cash money is useless? I think actual product hoarding is the way to go (toilet paper, medicines, food etc).

          • Pic889

            Unless you can hoard clean water, accommodation and lots of energy (for heating and cooking), your “prepper plan” is worthless, sorry.

            In a future where nobody accepts cash or gold as payment, no “prepper plan” can save you. If a total economic meltdown happens, do you really think you ‘d have property rights? Protected by whom? Non-paid cops? if a “cashless society” happens, do you really think you won’t have to pay property taxes? Which means they ‘ll foreclose your house if you don’t have enough bank credit. Not to mention you ‘d have to have bank credit to purchase energy.

            The perfect “prepper” house would be an RV, *If* you can find a source of energy that can power it (motion, heating and cooking).

            Just hoard cash and gold, and pray humanity won’t hit bottom :-(

          • Folgers 19

            Actually, I think this system could potentially create a barter shadow economy. If they take away physical currency, I suspect people will have even less trust in our clownbucks than they do now.

            I could see the lack of faith in the money, the banks holding it, and the government CTRL+P printing it driving people to immediately spend any money they got on necessities, bills, and then on useful physical items that can’t be hacked, eaten by a virus, or inflated by a mouseclick into nothing. You can’t trust the notional vapor cash, but a stock of tradable items, i.e. new in box shoes, food, gasoline, TP, sets of tools, tires, etc could be traded as needed.
            This could be considered a disaster by some people in charge; the total lack of trust in the currency. It could also appear to be a total success to them, since their metrics would show a huge uptick in spending and consumption.

            This plan doesn’t address how folks on the periphery are supposed to live. Ever been to Alaska? Ever been poor? How do you access your bank account full of online funny money if you live in the sticks without power or under a bridge with just the clothes on your back (a reality for more and more people today)? THOSE people would have no choice but to trade if currency is only electronic.
            God forbid there’s ever a power outage for any reason-all commerce would grind to a halt.

          • therooster57

            Things that have utility value make for poor currency when it comes to holding up economic activity. Should a society consume that which they choose to trade with ? Never ! Be careful not to let your thinking collapse in on itself. Sustaining production and trade is vital. Hoarding destroys trade.

        • alan

          Silver and Gold is the answer in this case.

          • dave

            You know…silver and gold is a great thing…but it’s NOT a medium of exchange…you hear ALL these pundits talking about silver and gold… go to safeway and try to buy some groceries with some silver or gold… good luck… they want cash or your debit/credit card (preferably)… in a DEPRESSION …cash is KING. save dollars and you’ll be ok… just sayin’. dave

          • iguana one

            In a economic chaos scenario, you bet Safeway will take silver and gold. Maybe not now, but when TSHTF….grocery stores will beg for business. And gold and silver will buy you everything.

          • Ralphy Boy

            The US govt. confiscated gold during FDR’s administration. I expect they’ll do that again. The penalties will be severe enough that even if you don’t turn in your gold you’ll be afraid to use it.

          • therooster57

            Gold and silver were vital forms of liquidity in 1933 because of the FIXED peg. The administration had to raise the price of gold by fiat because there was no market mechanism in place to do otherwise. The FIXED peg is now gone and gov’t has all the liquidity they want via the printing press. No need to confiscate anyone’s gold.

          • Michael Toms

            I agree!

      • T.

        True. However, they (Banks) are already cooking books. Plus, HSBC has been Laundering Drug CASH for many Decades. But since They own the InJustice Department – No charges are brought and if they are – They simply pay a Fine, Which amounts to the COST of doing (Dirty) business. While at the same time They can CRIMINALIZE CASH in your possession and my possession. This way They can move toward Their GOAL of a totally CONTROLLED and CASHLESS Society of Sheeple.

        • Pic889

          They do cook the books now, sure. But eventually, if too many people start asking for cash withdrawals, they need to have a stash of real cash to give to clients. They can ask the government for a bailout, but what if the need to have a stash of cash was eliminated altogether?

          What if it was possible to punish everyone withdrawing large amounts of their own money, or made large cash transactions illegal, thus slowly making large amounts of cash illegal? Very few people would withdraw money then, no need for a stash at all.

          PS: And they get to charge fees everytime you make a transcation. As of now, if your a-hole boss demands you set up an account with BoA or some other bank that charges withdrawal fees, you can just withdraw all your money in one go, and pay only one fee instead of several.

          • none

            PS-PS. AND if your boss is Miss Clinton.
            You can use tax payer money to fly around the country. And never raise any suspicion! !

          • Andrew Nielsen

            Most employers now, are handing out with the routine paperwork when being hired, an automatic deposit form, as if to say, we will only hire you if you have your checks automatically put in a bank account….frankly, keep you money out of the banks, cuz they are the problem, they are the one’s pulling the strings for the OWG & NWO…

          • Cindy

            People will simply go back to stashing cash away in places they hope are hidden (mattresses, cupboards, bookcases, etc.) and use their cash their way when they want without banks being involved at all. Many people are already doing this, due to the overly controlling and fee-greedy bank policies. The last time a bank fined me (charged a fee) for me to go into a bank branch and speak with an actual, living human being (BofA did this), I stopped banking at that bank. When banks do things which in my judgment is beyond the pale, I simply refuse to play their game their way. I wish many more people would think about money: how they earn it, how they spend it, and where they keep it. These are very important topics for free people, and should not be left to default or chance.

          • asdfasdf

            Regarding your PS, there won’t be any money to withdraw in one go! It will be a cashless society! The banks will charge a few for every soda you run into the store and purchase. Every little purchase will have a fee applied. It’s all part of the plan! Bend over!

      • Revolt to save America

        wow very good angle, I think there is a much valid about this thinking, We are sinking and technology is helping bring us down. The liars will be the banks more than the people. did you see article on SRAs, for reporting people who withdraw over 5k cash, wow, The word is going to the pots so fast, I can’t imagine what Nov of 2016 will look like, :(

      • Andrew Nielsen

        Unless of course, you start growing your own food, privately and out of the sight and view of govt prying eyes, including outside growing….keep it out of their view…

        • Ralphy Boy

          Pretty hard to keep your food growing plots and greenhouse out of the view of surveillance satellites.

          • kcampbell11

            and drones

        • Andrew – its already illegal in Georgia to sell or give away food grown in your private garden. Reason given is that there is a health risk.

    • GuatemalanHousekeeper

      That’s right. This is the whole plan behind the driver’s license issuance to illegals in California. The news report promoted the idea that “they can now open their own bank accounts with their new IDs”. At a Family Dollar store I visited recently, I noticed every single one of the customers were paying in cash- as opposed to any other store I frequent where debit cards are the norm. All of the customers in the Family Dollar store I was at were of Hispanic descent (I am not- my profile pic is not me of course!) so the PTB realizes that illegals and many immigrants are using cash only- as they are paid in cash- and harder to collect data on cash buyers. This is the whole thing behind the “wonderful” idea to “connect the planet” the scheme to get broadband high speed data internet connectivity to the furthest reaches of the planet. It is all about control and collecting our data. The question is- what are they planning to do with that data?

    • nobody

      Actually cash is just as controllable – remember, bills are serialized. It’s just that there is no law that mandates that every time a bill changes hand its serial must be recorded . Or at least not yet.

    • Jerom Kwan Ip

      so u think? u should control the government then? are u the one fighting for them? do u call working at mcdonalds dropping out of school ect? working for your country? o_O they have every right to SAVE u. And if u dont want that LEAVE

  • grumpyhillbilly

    I love paying with cash. Once and done. However big brother, big banks, and big software loathe not knowing the who and the what of the purchase. Personally I think cash is safer. With all this cyber crime running amok, cashless won’t end well for us little people. But hey….If the big boys stay in charge, it’s all good.

    • jared thompson

      Big boys want to ignite a race war where we all wipe each other out. Then they rule over the spoils as all sides are weakened.

  • Bill

    Ridiculous moderation.

  • Liberty First

    Scum sucking SOBs. Makes me disgusted beyond belief. And I am as boring a tax paying citizen as one could find.

    • jared thompson

      Just wait until they tax the oxygen. Apparently Shill Gates decided that humans make too much CO2 for contributing to global warming.

      The solution?

      We need less white people. No, whilst africa and asia will have population reductions and mass inflows to the west via immigration, it is white people that need to be reduced in number. I call it white genocide. It is a plan by people of one ethnicity who look white to eliminate other whites and rule over the remains of this world.

      • Mike Smithy

        Yes, they are getting desperate. I just read an article pursuant to how the Italian government has a proposal to tax shadows. When I read it, I thought it must be a joke, but it’s true.

      • Sparkie

        Given humans account for 3% of CO2 emissions into the atmosphere, I wonder how he proposes to tax the volcanoes etc that account for the other 97%?

      • Revolt to save America

        Jared, WTH are you talking about, You sound like an idiot. Explain your nationality and color.

      • Lonejack

        What is happening to White, and only White, countries fits the UN definition of genocide.

  • Bernardo Mendes

    Rampant Fascism. “The best way to take control over a people and control them utterly is to take a little of their freedom at a time, to erode rights by a thousand tiny and almost imperceptible reductions. In this way, the people will not see those rights and freedoms being removed until past the point at which these changes cannot be reversed.” – Adolf Hitler.

    • jared thompson

      They off shored most of the food production. Should a collapse of any sort come, western nations will see riots amongst even pleasant middle class folk; because, they no longer can make their own food or the basics of life, and have been indoctrinated thus for generations. They are almost 100% OWNED.

  • DJohn1

    I understand they returned the widow’s money once it became a public issue.
    Anything over 1000 dollars has the bank nervous.
    And the bank is in the back pocket of the FEDS. Any move you make in the way of financial transactions is likely to be reported to the Federal Government in one form or another. Get used to it. It is a fact and nothing we do will change it.
    What does drive them crazy is that a lot of people keep all of their dealings in cash rather than checks or credit cards.
    Has nothing to do with drug dealing though that was the excuse to rob the people of their money all over the United States with the blessing of your local Congress person.
    The only effective way around it is to do everything with credit cards then pay them off with your accounts at the banks before the end of the month.

    • jared thompson

      Work arounds only work for awhile, as that enclosure gets smaller and smaller.. We will see a mostly global cashless economy by 2025-2030 at this rate. Sooner for the west.

      • DJohn1

        I suggest that will never happen as long as the underground of cash goes on.
        Specifically people that use illegal underground cash. Whether it is a mechanic fixing a car on the cheap, or a plumber needs a little extra, or any of 100s of things where cash pass from one person to another without benefit of taxes or government in between.
        Huge sums of money pass between people every day. Including the labor in the South to do hard work on the farms being done by illegal immigrants.
        Much of the petty cash is baby sitting, lawn mowing, etc., all of which is under a couple of hundred dollars at a time. When added up nationally, it amounts to a lot of money changing hands without benefit of government.
        Now if they really wanted to get petty, they would be charging a whole generation of inherited wealth with bypassing the system and tax evasion. Like the illegal acting as a maid or butler in their homes.
        Like the same people avoiding draft registration because they are basically under the wire.
        Yet American Indians have to register even if they are technically a nation under treaty with the United States on their reservations.
        Yet all legal immigrants long term have to register as C1 thru C4. Illegally avoiding the draft register is also punishable.
        So are both parties to paying under the table for more than 250 dollars a year in regards to avoiding all taxes. Yet we have a Congress willing and able to make it all legal?
        There is a nest of legal snakes there that will bite a whole lot of people for past actions in regard to the hiring of illegals that is ignored right now simply because of who it effects.

  • Isn’t there some mention in the Bible about a cashless society?

    • jared thompson

      We already live in a mostly cashless society, using Paypal and debit cards, and yes, I believe we will see it to pits completion. However, even if a totally cashless society did not come about, this does not mean that a mostly cashless society is not as bad. People wait for revelations to take place in future when it is happening at present, with the ‘7 year period’ being a euphemism for a period of time, not to be taken literally as seven years. But many in their blindness/ misunderstanding will disagree with this.

      • Orac4Prez

        It won’t be long and governments will be taxing the debt/credit cards. It won’t be a transaction fee. It will be more of a sales tax, so anything you buy online, whether it is new or second hand, local or from overseas, you’ll have to pay. Even if you simply transfer money between accounts (obviously fraudulent on your behalf).

      • damh

        He guys
        Ever realize
        All this info
        and your names
        are being recorded
        just for future reference
        know what I mean?

    • GSOB

      No

    • apeiron

      Revelation 13:17…and he provides that no one should be able to buy or to sell, except the one who has the mark, either the name of the beast or the number of his name.

      • Right… Thats the one. Weird.

  • VigilanteCaregiver

    Bah… still using cash anyway.

    I do withdrawals all the time in high amounts; they ask me why I want it, I say it’s because the mattress is getting low on one side; or because I want to play Monopoly (seriously, try it with real money sometime – the wife and kids refused to buy any properties, didn’t want to part with the money!)

    Go in with the attache case and fill it up; nobody’s cared. The Credit Union folks think it’s funny. Even ask for all their half dollars (some might be silver).

    • jared thompson

      But how much longer will the state of affairs you described above last? The only rights are the ones you can defend, and those are becoming mighty few these days..

      • VigilanteCaregiver

        Hedge your bets. Always have backups (and backups for your backups) in place and plan well enough ahead. When the dollar fails from this civil war and Leftist economy, I’ll have plenty of hard assets and commodities to revert to.

  • GSOB

    The number one export to the world from the USA is the dollar.

    Counterfeit money is always the biggest threat. Look at the technology available today.
    Cash will always be king for any currency, not credit.

    American currency will be replaced in the future with a more secure media other than printed paper.

    • jared thompson

      They already use plastic notes in Ireland and Australia, will clear intentions being given by the respective governments that cash is to be phased out, so it is creeping incrementalism of a totalitarian economic system.

      • GSOB

        Yep, could be.

  • jared thompson

    That’s why economic controls need to be returned to the people and not to Goldman Sachs and their ilk; most of the finance being handled by evil people of one ethnicity.

    • Valkeryie

      Your Anti Semetic remarks are F$#@#$ up!!! But being Totally Blind, you can’t even see it!!! Haters gonna hate, Your family and friends must be so proud of you!!! “Said No One EVER!!!” Your World looks quite as Unappealing as you claim of “OTHERS!!!” :-(

      • Revolt to save America

        Jared is a poor boy living in his mamas basement. Ignore him, hes a troll.

        • LOL

          Name-calling, how very typical.

      • LOL

        That´s all you got, name-calling, sad.

  • jared thompson

    Remind others in conversations that cash is king.

    Change comes from one mind at a time.

  • Cognitivecontemplation

    I often wonder who is in charge these days. Who is controlling the minds putting thoughts and ideas into our minds. Not everything is good to think about. I’ve been thinking about my thinking and I’m discovering it’s a battle. I’m convinced there is a devil or an evil entity that puts thoughts into our minds. No I’m not schizophrenic. I think we are in the most deceptive days and evil is powerful without Jesus.

    • Elizabeth

      Battlefield of the mind!!! Satan has a playground in my mind sometimes but I am learning to think about what I am thinking to keep him away!!

      • jared thompson

        You make a good point, I wish more people would acknowledge that Satan can infiltrate a person’s thought life, even of a believer.

        • I would even underline especially the believer, since they are the main target…

  • Goldfinger

    The Banksters want your cash in their accounts so they can steal it during the collapse with bailins.

    • Genada

      Makes it rather hard for people to object to a bail out if all they have is in banks and they would lose it if the bank fails.

      FDIC is a fraud. There’s not enough money in it’s accounts to cover what it insures.

  • GetReal4U2

    one more step before the mark…

  • thh

    nike you should write an article about govt snooping via social sites, smartphones and the latest from amazon, alexa. and soon to be coming jibo assistant

  • Priszilla

    Yes, in many instances the US reminds me of North Korea. The brainwashing, the hymn singing, the pledge of allegiance every morning to make sure everyone is accounted for, prohibiting to dry laundry outside, prohibited to use the rainwater. Prohibited to use cash. Police everywhere. Large army.

    • jox

      The hymn singing of Americans is very puzzling for a foreigner. For example in MotoGP races, US is the only country in the world were national anthem is sung. And there are flags everywhere. Very strange from the point of view of a spaniard. You are right that it resembles in some way North Korea.

  • Airborne71

    Ok , So CASH IS OUT . Fine , how is someone supposed to pay for anything ? Especially someone like me with a Chapter 13 Bankruptcy ? Not one credit card company will touch me, not that I want one because I don’t . And I am darn well sure I am not the only one facing this problem .

  • kees

    In australia you need to show your passport when buying more than $5000 in gold or silver. I can only buy $4999 a day :( – 1% first world problems :(

  • wooddragon

    And we are supporting this process by using all means of cashless payments.

  • XSANDIEGOCA

    We have lost something and there will be H*ll to Pay to get it back. This ain’t Grandpa’s America anymore.

  • The Swede

    Hmm, It is not Government control, it is the banks that want this. Why? If the physical money is gone, the monetary system is gone and then there is only a bank system, BANK CONTROL and what to do then??

    • T.

      The Banks CONTROL the Governments. Where do you Think the Governments get their money from? In essence, the Banks do CONTROL everything through the Enforcement arm of the Government. It’s an Evil symbiotic relationship.

  • Horiboyable .

    ALL WESTERN GOVERNMENTS ARE FLAT BROKE. Come on guys read a little history. The Roman Empire collapsed because crooked politicians promised their standing army generous pensions and they were never funded. Romans were simply taxed and taxed until they simply walked out of their homes with what processions they had left. What you are witnessing right now is the collapse of socialism like communism before it. All through history when governments get in to debt they turn on their own citizens and just rob them. USA was a nice idea until socialism crept in. Look at the state of Europe, it is buried in debt. How anyone can ignore the moral cannibalism it what they are doing when one generation think they can consume and then hand the bill to their children, absolutely disgusts me.

    • Genada

      It’s not just the west, it’s the world. The entire world economy is built on a foundation of debt and lies. It’s why small counties such as Greece become such a important factor. If they default, calls into question the entire system and it can all crumble.

      • Horiboyable .

        You are right. Greece is small potatoes though, they would let it fail but it would spook the bond holders of EU debt because they would think if Greece can go, so can Spain, Portugal, Ireland or maybe France. I think later on this year the markets will get spooked which will cause flight into the dollar and the Euro will collapse, in the past month we have seen two banks collapsed.Since 2008 the property market was not allowed to deflate and all the banks in the Euro zone still have very dubious assets on their books. Many so called assets have not been written down since 2008. This is a world wide ponzi scheme. The average house in Auckland New Zealand is nearly the same as a house in London and Australia is completely nuts. Latter on this year you will see many sovereign defaults and a recession like none other.

  • Genada

    It’s all about control and being able to limit people’s access to their own money. They want people to be forced into the system and to have to depend on the system.

  • Folgers 19

    If they’re worried about financial crimes, why don’t they focus on the actual criminals-the bankers, themselves.
    Anyone remember BCCI? The Terrorist Bank?
    How ’bout the statement from the DOJ that banks are too big to prosecute?
    And when can we hope to see at least one person or business prosecuted for the fraud that toppled the economy in ’08?
    The bankers at Countrywide, BoA, and pretty much all the others are the ones responsible for thousands of fraudulent “Linda Green” mortgages prior to the economic collapse this blog was founded to cover. The worst thing they’ve seen on THAT crime were some slap-on-the-wrist penalties and not one single prosecution of any specific individual.
    Seems to me if you want to stop financial crime, you’re going to have to eventually target the financiers, themselves, not the peons who use their banks because they have no real alternative.

    • Folgers 19

      The opportunities this system creates are incredible. Imagine if the government could take your money away to punish you for having the wrong opinion?

      For instance, in the instant E-money economy, imagine if the government decided to link your behavior to your bank account, outside of the judicial system, so if you did something politically incorrect, you could be fined for being anti-community?

      Let’s say you’re caught on tape saying something racist or homophobic, so the govt, in the name of decency, takes out a hundred dollars to teach you a lesson.

      Or you’re caught at a right wing wacko meeting addressing the crowd and criticizing the president? Accidental loss of access to your account for a day, or two, might teach you to shut up.

      Did you donate to the (insert lefty charity here) campaign at work? A donation might just be made in your name from your account because you obviously need to show support.

      Are you a disgusting bigoted conservative troll who constantly disrupts the online community with your racist prehistoric rants? For disrupting the community peace, you’ll definitely have to be fined.

      What if you’re pulled over for a driving infraction, real or imaginary, and the cop has the power to take a fine out of your account on the spot? Could you imagine if your state or county could just seize the money from you on the spot and dare you to try and get it back in court? What a perfect scam that would be! Sure, you lost $300 for speeding 10 miles over the speed limit, but would it really be worh the $200 a lawyer charges you to try and get the money back?

      The possibilities are endless. And disturbing!

    • Folgers 19

      I’m struck by the thought that if they force people to go to electronic-only fiat money through closely-monitored accounts, they create a system rife with opportunities for more fraud than we have now and vulnerable to disastrous glitches.
      -Cyber criminals will be able to steal ALL your wealth, since your only means of storing it will be in your E-bank account.
      -The govt will be able to inflate your wealth into nothing instantly with a few keystrokes.
      -Crooked bank employees could swipe everything you own on a thumbdrive.
      -It could all be wiped out by an overactive sunspot season or EMP blast.
      -It could all be wiped out by a virus.
      -Your kid could steal your cell phone or iWatch or account token, or whatever, and wipe you out in seconds with downloads of every season of The Simpsons, an E-shopping spree, orders for 10,000 pizzas, etc.
      In a system as unreliable this, I suspect the only reasonable option left for people will be to immediately sink any income into physical purchases. The E-money will be flowing constantly as recipients immediately seek to get rid of it, like a notional hot potato.
      For instance, you just got your direct deposit from work Friday at 1200AM. Your bills are auto-deducted, which sucks because you hate seeing the account run down so fast, but at least you don’t have surprises between writing a check and when the recipient cashes it. As soon as you can, you go to the grocery store and buy up all the groceries you need+what you think you might need+things you know you can trade. With your necessities and bills covered, you make a list of what you will get with the rest, i.e. clothes, 2 pairs of shoes (you’ll eventually need them, anyway), practical items, like batteries or tools, and minor luxuries, like a box of chocolates, alcohol, or perfume.
      You don’t need the batteries, chocolates, tools, booze, or scent, but they’re available if the system goes down or you want something with a minimum of hassle.
      In this situation, if they still exist, I bet pre-paid credit cards and gift cards will be very popular.
      I also bet hackers will have a field day creating fake gift cards.
      Angry ex-IRS agents and disgruntled bank employees will probably have a field day creating or erasing money from the system. What better way to create chaos than to add four or five zeroes to every account? Why not redistribute wealth from the 1% to the 99% by changing a few account balances around?
      Don’t bring up gold, either-I bet that’s the first thing that will have to go away for this system to survive contact with reality.

      • they create a system rife with opportunities for more fraud than we have now and vulnerable to disastrous glitches.

        Oh, I guess that means the authorities will have to monitor the internet more closely, to protect you.

        My guess is they might just have to comb through every single transaction you make – openly – to make sure it’s valid. So they can protect you, of course.

        In this regard see the recent interview William Binney, former Technical Director at NSA, did with Alex Jones, where he said that NSA works to keep the level of security low for all online transactions and communication – because they want to be able to penetrate and crack everything they don’t already have backdoors built into.

        See? They keep security intentionally compromised below it’s full capacity so they can monitor you. And protect you.

    • You answered your own question. This has as much to do with actual financial crimes as hot sauce has to do with haircuts.

    • Sheree

      What happened to these banks is that the DOJ fined them in the Billions of $$$, there would be no criminal charges to anyone, but the fines would be handed over to left-wing agencies. Acorn, etc.

  • The younger people are, the more easily they accept this.

    Younger people are used to using debit and credit cards, and increasingly their stupid phones, for all their transactions, and their conception of privacy is significantly different than people over say 50 or so.

    Maybe it’s more accurate to say their conception of privacy is virtually nonexistent. They live their lives entirely in the public electronic sphere with so-called “social” networks and think nothing of plastering the most intimate details of their lives for all to see.

    So what’s the big deal with keeping the details of their financial lives private?

    I’ve only observed people over 50 who have any real desire to protect their privacy on the internet, and only a small proportion of those.

    None of them have anything in particular to hide, they just have this innate sense of the advisability not to make complete revelation of all one’s personal details in electronic space, a sensibility that has been conditioned out of the young.

    • T.

      Most cannot move and most who can will not, because they do not see the Danger here.

      • That’s true. A little planning goes a long way though. Spanish is not that hard to learn, and anybody who is really interested can find opportunities in Latin America.

        Actually, even people who aren’t planning on going anywhere would be well advised to start learning Spanish. There are going to be a lot of opportunities here for people who are bilingual.

        And a lot of places are going to become like Miami. If you don’t speak Spanish, you won’t be able to compete in the work place.

    • Alexander

      I am 17 and the complete opposite of what you described.

  • selaretus

    What do you have when you have 1,000 investment bankers tied together with heavy weights at the bottom of the sea?
    A good start.

    • Idaho Bob

      What’s the best way to get an investment banker out of a tree?

      Cut the rope.

      (this is actually a lawyer joke, but hey, it fits)

  • mister_roboto

    Note to self: Read the posts, skip the comments! :-/ (I’ve been making this note an awful lot lately, it seems.)

  • hhhh

    This is why you DONT USE BANKS

  • BibleThumper

    This can only be leading to one thing- the Mark Of the Beast.

  • BruceEWoych

    I was told (ten years ago) by a very well placed person that e-money has been planned for some time and the CEO of IBM who also was an executive at American Express had a great deal of invested interests and patents already secured for implementing the process of elcectonic money that will digitize and ration our economic lives, and consequently our status in society will have a tap on fee for transaction services…metered monetary surveillance on every move you make could entail paying every time you open your tap water for a drink of water !

    Free CASH economy becomes free market Fee economy & the
    latest in market collapse = The Great Cash Crash

  • Priszilla

    In China they buy houses with cash.

  • Quest Hazel

    Everything is getting more and more evil as years pass… This is really creepy! I have observed that so many people think that using their cards instead of cash is “cool”, they just accept it… As bad as paper money is, it remains better than the electronic stuff. I would rather die, than live in a cashless society.

  • TillyWilly

    If you don’t use those stupid little “cards” they have for all the grocery stores that only save you like a dollar the cashiers look at you like you’re the devil. So in most cases, they’re already keeping track of the cash people are spending through those.

    They can’t get rid of cash completely though. There will always be diamond rings and pretty chunks of rock that are “worth” something in a better-than-cash like way.

  • Ros Papas aka nofearorfavor

    Why do we even need cash… why don’t we outwit them and go back to the barter system… when it worked for thousands of years.. why won’t it work now? Surely some brain boxes can work out a modern day system for barter trading, even internationally?

  • Preparequickly

    I really think the government has something to do with these my lowes, vic, mpv cards that stores get you to use. So they can track who is spending cash at these places.

  • FIRE THEM ALL- 2014

    Do them a favor, help the economy… stop buying anything until the back off.

  • El Pollo de Oro

    One way The Banana Republic of America punishes the use of cash is civil asset forfeiture. That’s where you’re driving along a highway, the militarized policías pull you over and take your cash falsely claiming that it’s drug money. There doesn’t have to be a shred of evidence of any drug activity, los bandidos policías can steal it anyway. Then you have to go to court to try to get it back. This is why I advise my business contacts overseas to avoid carrying large sums of cash when they’re in the BRA (use credit cards, debit cards, bank cards, etc.). The comment I hear from folks overseas when I tell them this is, “But that’s the sort of thing that happens in some corrupt Third World banana republic.” I say, “Bingo. Our scum Repuli-Cons and scum Democraps have rejected free-market capitalism, raped our Constitution and turned us into a Third World junta. It’s only going to get worse.”

    “Want to abolish torture by US government agents? Then abolish the American empire. There’s no shortcut, no way to ensure that ‘national security’ won’t trump elementary ethics in the future—not unless we permanently ditch our imperial ambitions and restore our old republic. Until then, we’ll remain the United States of Torture.”—Justin Raimondo, Antiwar dot com

    “Tyranny is moving on all fronts.”—Alex Jones

    “2015 is going to be a very difficult year for a lot of people.”—Jeff Rense

    “It’s disgusting. I’ve said it over and over, and over and over—if you want to see what has destroyed America, you can count it up in six words: Harvard, Princeton, Yale, bullets, bombs, and banks.”—Gerald Celente

    “God, people are angry right now, and I think it is a sign of overall disaffectedness in our culture in the United States. People are hurting.”—The Patriot Nurse

    “We have a great preparation for martial law in this country. It seems we’re prepared for it, and they’re trying to implement it at a moment’s notice.”—Jesse “The Body” Ventura, author of Democrips and Rebloodlicans and former governor of Minnesota

    Welcome to Ground Zero in hell, also called The Banana Republic of America.

    • Gay Veteran

      “…There doesn’t have to be a shred of evidence of any drug activity, los bandidos policías can steal it anyway….”

      or the cops will PLANT evidence in your car, or get their drug sniffing dog to falsely “smell” drugs

      • El Pollo de Oro

        That’s right. The policías can easily manufacture evidence. Or they will do things to agitate the dog then say, “See, the dog is going nuts. Must be drugs. Your cash is now mine, your car is now mine. Get out and start walking.”

  • Gay Veteran

    taking our freedom started well before Obama.
    remember Bush?

  • Jerry

    Every time I check out a story where some “innocent” person was charged with “structuring” it turns out that they were guilty. It turns out that in the case of the widow Janet Malone, she knew what she was intentionally doing was against the law.

  • Donald Cassidy
  • Richard O. Mann

    It’s all just rock and roll.

  • Richard T.

    “And he causes all, both small and great, rich and poor, free and bond, to receive a mark in their right hand or in their foreheads; and that no man might buy or sell, save he that have the mark, or the name of the beast, or the number of his name.” Revelation 13:16-17
    We are seeing this prophesy being fulfilled right in front of our eyes.

  • unbubbleslayr

    They should know that those who are into big transactions simply have shell companies or legit business to launder their money. Maybe some lower end drug dealers get hassled more but so do many legit businesses that deal with cash. Let’s just stop this nonsense, any money that enters mainstream channels is good for the economy and creates jobs.

  • unbubbleslayr

    The next step is digital currency by the Central banks. Trade in your fiat money (probably at a loss for you) and all your digital money will easily be tracked.

  • rentslave

    I have yet to use cash this year.It is unnecessary and costly to use(I get back about $300 a year for charging everything.Cash causes crime and EBT fraud.

  • Undecider

    To look at who’s really at fault, go no further than a mirror. When we finally get the gumption to throw these bastards in the sea, let’s be thorough. They are busy making name and hitlists against the population. Let’s return the favor. Make sure none of these bankster families or their children escape. Seal them up for at least a thousand years.

  • alan

    When interest rates go negative people will have to keep cash hidden at home. If it has to be in a banking its more robbery.

    How about stock up on silver to barter with? When a currency dies there is a parallel one running along side that takes its place.
    Next time I sell something I am going advertise a dollar price and a silver price.

  • Thunderbolt

    “why?”, because the Bible clearly tells us that during the Tribulation the anti-christ will require everyone to have a “mark” in their right hand or forehead and that they cannot buy, sell, or trade without it, this is what we are moving towards people.

    • GSOB

      fulfilled

  • Martin

    Once system is recognized as bankrupt there will be no useful cash and no accounts.

  • Idaho Bob

    If you don’t know about it, check out betterthancash-dot-org. Supported by Bill and Melinda Gates, CITI Bank, MasterCard, VISA, Ford Foundation, and many other high profile and highly influential money movers.

    From an article in Businessweek 1/23/2013, Speakers
    from the Philippines, Colombia, and the U.S., among other countries, made the case for why electronic transactions are better than cash payments.

    Top five reasons, according to the alliance:

    Transparency: Less corruption and theft when payments can be easily tracked.
    Security: The money gets where it’s supposed to go.
    Financial inclusion: Electronic payment is a way for unbanked people to establish a record of on-time payment of their bills.
    Cost savings: Moving physical cash around is costlier than zipping electrons.
    Access to new markets: This benefit is mainly for providers of financial services.

    According to the same article, “Kenya is a role model for the developing world when it comes to cashless payment”.

    Obviously, this is being done with the good of the people in mind (said tongue-in-check). The time seems very near…..

    “He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads, and that no one may buy or sell except one who has the mark or the name of the beast, or the number of his name (Revelation 13:16-17)”.

  • RageHard84

    I kind of prefer cash. Credit cards involve banking fees and whatnot.

  • Bas

    With cash, overspending is impossible. Forcing the spender to live a life worry free. Banks, most of them, can close doors.

  • Andrew Nielsen

    Welcome to the NWO

  • PEACE be with you

    CASh is not the answer. There is only ONE answer. So, you better be sure you’re not going to be around during the Tribulation. CASH will become a contraband like illegals drugs before (ironic that drugs is now legal but Cash will soon be outlawed.)

    They will soon be able to arrest you for carrying even just a penny.

    But I’m not worried.

    “It’s the end of the world as we know it and I feel fine.”

    Because I have “The PEACE.”

  • TimeHasCome

    In Cyprus what did the ECB bring in those container cargo boxes? They were filled with cash . With 2/3rds of the US cash scattered around the world only about 300 billion dollars are available here in the US . And only about 100 billion in 10s 20s and 50s . Nobody will take the 100s in a crisis . So there is very little cash in the US.

  • watcherofolde

    Just read this article on someone’s FB page and they are taking full credit for it. Can’t abide a thief.

  • patriot alice

    The solution? Everyone should make all of their transactions in cash. Flood the system, clog the system with transactions. Refuse to use electronic and other forms as much as possible all of the time. Besides I like dealing with cash because, the transactions make me more aware of where my money is going.

  • Mark Caldwell

    And you can’t have a run on the banks if everyone knows there is no
    physical currency. They will claim the computers are ‘down’ and they
    can’t transfer your money to somewhere else, “please come back later”
    BS.

    They are taking away your freedom entirely with this move,
    this, and the cultural Marxist PC crackdown on speech, actually
    demanding people stop using whole lists of words. Feminazis demanding
    people stop using art that may depict certain images, and their own
    lists of banned words. Gays targeting Christian stores to berate and
    then proceed to set them up for some lawsuit. EPA creating their own
    swat teams to trample all over people’s property without warrants.

    You will own nothing! You will say nothing! You will think nothing! Understand!

    SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE SLAVE

  • RUSS

    Hi!, Patrons Of The Economic Collapse Et. Al.:
    In my opinion there are loads of emotions without any FACTS all throughout these posts and it’s totally impossible to reason with emotions isn’t it reader? FACT: “The Lord Jesus loved the Jews of His time; while calling them nonetheless The Lost Sheep Of The House of Israel; causing Him to weep over the upcoming loss of Jerusalem and human life that He foresaw out there in the distance known as time, because they were unable to grasp His message of total PEACE! He foresaw Israel condemning itself to the tragic position in which it finds itself in relation to the Arab World where neither side knows real peace regards the other and His love for each caused Him to weep over His vision. Thereby, when His disciples confronted Him with their question as to what would finally be the end of the World, He pre-cautioned them that when they see wars and hear rumors of wars the end is not yet! He spent countless hours dedicated to ask US to “fear not” and to ask that we might receive that OUR joy would be full” thus demonstrating that OUR very sensitive, human nervous systems are not designed by OUR creator, GOD, for fear but joy but war does not end in Heavenly JOY does it? Until His Heavenly JOY reigns in every human heart, GOD’s true intentions for all His children to experience the freedoms of His love, peace and joy are in jeopardy/peril. He also advised US that whomsoever commits sins is the impoverished, servant slaves thereof but that He had come to set the slaves to sin FREE with life more abundant didn’t He? In one instance He advised his listeners who had eyes to see and ears to hear that unless the days of wars and rumors of wars are ceased plus famines and pestilences, there should be no flesh saved and we have definitely reached that status worldwide now via nuclear wars’ potentials and in my estimation toxic pesticides that even now are under investigation for the bee colony collapse syndrome problems plaguing worldwide crops today! Every emotion Jesus ever appropriated and thereby projected to others was always backed by the Facts He knew as TRUTH and those who come in His name He proclaimed would also do the works that He did and greater works!!
    RUSS SMITH, CA.(One Of Our Broke, Fiat Money Corrupt States)
    resmith1942@gmail.com

  • Frank Saubier

    Time to start IMMEDIATELY using CASH everywhere you can. Not so much as a protest as to create pressure on the tyrants through businesses who might lose the business.

  • Frank Saubier

    Time to start IMMEDIATELY using CASH everywhere you can. Not so much as a protest as to create pressure on the tyrants through businesses who might lose the business. Sufer the small incdon

    If this is how ruthless the feds will be with an elderly widow, how would they treat you under similar circumstances?

  • Hey You

    The problem is that empires do all sortts of weird things as their empire implodes. It’s only a matter of a few years. In the meantime, support you own state. That’s our backup (and we’ll need backup).

  • First you need to know why the economy appears to require management by governments and central banks. Most of the money we currently use is created by banks as a debt on which interest must be paid. This may seem a rather uninteresting circumstance, but it has far reaching implications. Economic theory tends to mystify this, so I will simplify matters and take a limited perspective. The example is a bit controversial, but it shows the mechanism of interest on money at work.

    Assume that there is a small self-sufficient village that does not trade with other villages. This village only needs € 1,000 to operate its entire economy. The local bank is happy to lend the € 1,000 at a reasonable interest rate of 5%. The lender could also be a wealthy village dweller, or there could be a few wealthy village dwellers. That does not matter for the purpose of explaining the problematic nature of interest on money.

    What happens? After a year the € 1,000 has to be returned, but also a petty € 50 in interest must be paid. There is a slight difficulty, a fly in the ointment so to say. The required € 1,050 simply is not there as there is only € 1,000 to begin with. Then the bank comes up with a clever solution. The economy needs € 1,000 to operate and the € 50 is non-existent money that cannot be repaid, so the bank offers to lend the villagers € 1,050 at the same reasonable interest rate of 5%.

    It is now clear what will take place next. At the end of the next year the debt has grown to € 1,102,50. This may not seem much but it cannot be repaid as there is only € 1,000. After 10 years the debt has grown to € 1,628,89. After 100 years it amounts to the considerable sum of € 131,501,26. There is no way of repaying this debt as there is still only € 1,000 in the economy. Long before that time, the debt level may already have become a cause of some concern, at least by people that can make proper use of a pocket calculator.

    If the villagers are quite dexterous with their pocket calculators and fear the consequences of compounding interest, then nobody in the village may be willing to borrow the extra € 50 in the first year. Then there would be only € 950 in the economy in the second year, while the debt remains € 1000. After two years there would be just € 900 in the economy as another € 50 in interest had to be paid. Because there is less money available, the economy could enter into a crisis. After twenty years, there is no money left at all, only € 1000 of debt. Long before that the economy would have collapsed.

    Of course reality is more complicated. A village is unlikely to be self-sufficient. Banks make expenses, the money that banks lend may come from deposits, depositors can spend their money, and debts do not have to be repaid in one year. Still, the underlying mechanism of interest lets debts grow and makes it impossible to pay them off. This means that we continuously need more debt to keep the economy from collapsing. This is why economies seem to need more and more debt all the time. This is why governments have to go into debt when nobody else is willing to do so. And this is why economies seem to need inflation.

    They are about to corner themselves by ending cash. If you eleminate cash, you can start to tax money. If there is a tax on money, this will provide a constant stimulus, so there is no excuse for government deficit spending to stimulate the economy. Then you can set a maximum interest rate of zero so you can eliminate the problem of interest (because when money is taxed, lending it at zero interest can be attractive). Credit will dry up once the economy is about to overheat (because there will be more attractive investments than credit at zero percent). Consequently there will be no need for the FED to set interest rates and to manage the money supply. In this way you can get rid of governments and central banks managing the economy.

  • majorx

    Each of these policy changes individually appear to be rational and innocent, but when viewed as part of a combined plan of many enabling changes the ominous intent becomes apparent. Seizing legally owned assets is a violation of individual rights and the Constitution. The strategy of incrementalism and, divide and conquer is still effective in stealing a country.

  • therooster57

    Bullion is now a real-time (floating) debt-free currency so unlike in bullion based currency systems of the past, bullion now has expandable and scalable liquidity, based on demand

  • Pat Kesinger

    COMMUNISM REIGNS NOW.

  • This sort of information and its implications is considered to be something only the lunatic fringe is concerned about. When I’ve tried to write or talk to others about it, I’m told my tin foil hat is screwed on too tight.
    What is wrong with people?

  • speedster16

    Another JOHN HAGEE scare tactic message ? Okay to warn people -but very wrong to scare them.You’re only scaring people -who don’t even have sources and income.

  • bioelectrobot

    If we are willing to share equally with everyone, then we won’t need cash anyway. Start sharing today.

  • Hogey

    I like cash. I prefer to pay that way. I like a tangible object in my hand rather than a virtual bit somewhere. I, like so many others work really hard and I enjoy holding the fruit of my labor. I always used to use my debit card growing up, but after using cash for a bit I see why my dad still uses it. I have control over my money and I know where it’s going. Sounds strange but I enjoy working a bit more now.

  • Littlehorse

    P.S. “THEY” i.e. BANKS & GOVERNMENTS want everything to be virtual so that if there is a big financial crash you CAN’T MAKE A RUN ON THE BANKS FOR YOUR $$$$$ AND THEY CAN JUST KEEP IT. You don’t need to be a rocket scientist to see that the “Cashless Society” is the ultimate way for “THEM” to gain full control. >:o(

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