Already, as an American, you are not free to spend your money as you see fit.
JPMorgan Chase - the country’s biggest bank—has banned cash payments for credit card debt, mortgages, and car loans. It has also banned the storage of “any cash or coins” in safe deposit boxes.
Bank Secrecy Act Regulations Explained
By Bonner & Partners analyst Joe Withrow
The Bank Secrecy Act (BSA) requires US financial institutions to assist federal agencies in preventing money laundering.
All financial institutions are required by law to keep records of all financial activity, including cash purchases of “negotiable instruments”—checks, money orders, etc.
These records are open to government inspection at any time. They are also subject to periodic audits by both federal and state governments.
All financial institutions must immediately file a Suspicious Activity Report (SAR) with the federal government whenever a customer engages in transactions the institutions deem strange or inconsistent with normal behavior. This is open to interpretation.
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Tin foil hat? I think not. Most useful idiots will knock you over to get their mark!!
ReplyDeleteRevelation 13:17“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.”
It is now 3000.00 cash deposit and the bank sends a form to the IRS no longer ten thousand.
ReplyDeleteWhen did that change? In the past few days?
DeleteThe Federal Reserve Bank must eliminate CASH because they have diluted the US Dollar in a criminal manner.
ReplyDeleteOur freedom of paying with cash will eventually come to an end so they can have total control over the population.
This is an effort to hide their criminal activities with money creation (debt creation).