As we keep warning, the War on Cash is set to accelerate.
If you want proof of this, consider that India has not backed down on its cash ban in any way shape or form… despite the fact that the cash ban has been a complete disaster politically with widespread protests.
Why?
Because it is accomplishing the Elites’ Central Planning goals:
…Indians are switching to electronic payments more rapidly than many experts had predicted, and in speaking of the recent currency moves, Mr. Modi has begun emphasizing the benefits of a cashless economy over the anticorruption fight.
Source: NY Times.
Other countries are taking note that you can impose a major cash ban without committing political suicide. Australia is now pushing for an end to $100 bills.
SAY goodbye to the $100 note.
Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a bid to crack down on the “black economy”.
Speaking to ABC radio on Wednesday, Revenue and Financial Services Minister Kelly O’Dwyer flagged a review of the $100 note and cash payments over certain limits as the government looks to recoup billions in unpaid tax.
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6 comments:
This is a globalist banker initiative.
They create debt out of thin air.
The "money" you borrow doesn't exist anywhere until you "borrow" it.
Why pay them interest?
Without cash, they have TOTAL control over our lives.
Any political dissident can have their "money" erased with a single keystroke.
Think about it.
India banned one note because people were hording their cash rather than reporting it. This led to the income not being able to be taxed. They didn't ban all cash.
We are warned by the bible of the end of days when there is only one currency in the world.
Cash is the last true freedom and when the few elitists control it they control you.
Bartering will have to become a way of life for a lot of people especially in rural areas.
The Bible speaks of a cashless society coming at the end of the Church Age. The "mark of the beast" will have to be received on the hand or forehead in order to buy and sell. Most likely a computer chip. But we are warned not to receive it.
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