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Wednesday, February 15, 2017

Here Comes the Cashless Grid: Europe Moves To Begin Elimination Of Paper Money

In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years.

The financial uncertainty amplified by Brexit has incentivized governments throughout Europe to seize further control over their banking systems. France and Spain have already criminalized cash transactions above a certain limit, but now the commission has unilaterally established new regulations that will affect the entire union. The fear of physical money flowing out of the trade bloc has manifested a draconian response from the State.

The European Action Plan doesn’t mention a specific dollar amount for restrictions, but as expected, their reasoning for the move is to thwart money laundering and the financing of terrorism. Border checks between countries have already been bolstered to help implement these new standards on hard assets. Although these end goals are plausible, there are other clear motivations for governments to target paper money that aren’t as noble.

Negative interest rates and high inflation are a deadly combination that could further destabilize the already fragile union in the future. With less physical currency circulating, these trends ensure that the impact of any additional central bank policies will be maximized. If economic conditions deteriorate, the threat of citizens pulling cash out of their accounts and starting a bank run is eliminated in a cashless system. So long as the people’s wealth is under centralized control, funds can be shifted at will to conceal any underlying problems. But the longer this shell game is allowed to persist, the more painful it will be when reality overrides the manipulation.

Since former Chief Economist at the International Monetary Fund (IMF),Kenneth Rogoff, published a paper last year advocating for the U.S. $100 bill to be removed, governments around the world have pushed forward their agendas towards a cashless society. He wrote:

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11 comments:

Anonymous said...

"their reasoning for the move is to thwart money laundering and the financing of terrorism"

Well isn't that a friggin joke, since our governments are the ones financing terrorism.

Anonymous said...

When society REGRESSES back to a barter system of payment for goods and services in response to the government's "cashless" monetary system, the government will lose it's ability to tax transactions. The joke will be on them.

Anonymous said...

I don't think it will pass here in the US, too many criminals love cash, you know, the Clinton's, Soro's, Podesta's.....

Anonymous said...

We know it's coming. See Revelation 13:16-18.

Anonymous said...

No more side hustles the government wants it all.

Anonymous said...

Yes 3:54. Most are ready for their forehead stamps.!!
Regrettably, most Christian leaders do not even understand the most basic rudiments of what the New Age is all about. The word occult simply means hidden or concealed, kept from view.Here is just a partial list of ancient satanic teachings, practices and symbols now in vogue and being pushed on the children and teens: color therapy, heavy metal music, unisex dress, sadism, sorcery, incest and immorality, hypnotism, New Age mood music, palmistry, rebellion, astral travel, mystery teachings, ESP (psychic powers), God as Mother, astrology, nature worship, rhythmic breathing, visualization, psychedelic drugs, sodomy, feminism, necromancy, dragons, pyramids, chanting, yoga, demonic music, fortune telling, levitation, self-love, fire walking, body tattoos, numerology, pedophilia, mental imagery; the unicorn, pegasus and other magical beasts; communication with the dead..
The New World Order:
Why do the nations conspire and the peoples plot in vain? The kings of the earth rise up and the rulers band together against the LORD and against his anointed, saying, “Let us break their chains and throw off their shackles.” - Psalm 2:1-3
As the 20th-century idols of atheism, humanism and communism have become mainstream and now accepted by most, we are now moving to a contest for the souls and minds of Americans where we now face formidable opponents in godless liberal collectivists, globalists, neo-conservative fascists, New Age religion, Islam and Satanism.

No longer are we only threatened from without by a group of balding hard-line Communists - we are now threatened from within - by a group of intelligent, well-dressed globalists who are convincing America and the nations of the world that the only way to lasting world peace is the establishment of a ... "New World Order."

Saul Alinsky put it this way,

"True revolutionaries do not flaunt their radicalism. They cut their hair, put on suits and infiltrate the system from within."

Anonymous said...

It is part of God's master plan and must happen so Lucifer can take power and his faithful children redeemed.

Anonymous said...

HHEEEEEEYYYYY, 602, You leave self love out of this, LOL!

Anonymous said...

6:02 You are as bat crap looney as the protest chick.

Anonymous said...

9:18 9:20. Educate yourselfs please. This is a very dangerous event. Just check it out you would be surprised who is involved. Or maybe you will push people out of the way to get your forehead stamps and are already lost

Anonymous said...

You religious nuts are as crazy as those Muslims. It is called Progress, nothing more.