It must be common knowledge by now that some of the worlds most economically powerful nations are insolvent due to the burden of sovereign debt. These economies are held together through by the faith of citizens and businesses in the currency. If that faith evaporates, the leading economies will crash as voters realise the only thing underwriting the economy is debt.
While lefties, tech – heads and science – heads might get upset, people who live in the real world should consider the implications of this for privacy (a human right) and self determination (another human right). Funny how those who screech loudest about human rights are only interested in the rights of minorities and terrorists,
Read more on how the withdrawal of cash will affect you in our Cashless Society omnibus page …
War On Cash Gathers Momentum – Germany Unveils Cash Controls
On Monday (1 February, 2016) just two days ago, Bloomberg called on the central banks of the world to “bring on a cashless future” in an Op-Ed that calls notes and coins “dirty, dangerous, unwieldy, and expensive.”
We can imagine it would be quite easy to harm someone by firing large coins at them from a gun and terrorists could probably stuff an improvised explosive device with small coins rather than nails or nuts and bolts. And if …
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