Article

2022-08-03 Economy

Cash to Crash as Orwellian Future Wells Up

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Posted by Besoeker 2022-08-03 08:33|| || Front Page|| [11131 views ] Top

#1 The 'bottom line' is indeed the bottom line.

Never put anything mean, rotten, criminal and downright despicable as being beyond our political and social "leaders.

Posted by Besoeker 2022-08-03 08:38|| 2022-08-03 08:38|| Front Page Top

#2 Thanks to 'progressive' DAs and the need of druggies to feed their habits, local stores are posting - no cash transactions, card only.

However, if you are in a disaster prone region you'd better have cash readily available when the power goes out.

Posted by Procopius2k 2022-08-03 08:51|| 2022-08-03 08:51|| Front Page Top

#3 Jerusalem Post - Israel bans use of cash for purchases larger than NIS 6,000

A new law is set to take effect in Israel starting August 1 that will ban payments of large sums of money in cash and bank checks. The goal of the reform, according to a statement issued by Israel’s Tax Authority, is to fight organized crime, money laundering and tax non-compliance.

Under the new law, any payment to a business above 6,000 NIS ($1,700) must be made using alternative methods, such as a digital transfer or a debit card. Trading between private citizens who are not listed as business owners will be limited to 15,000 NIS ($4,360) in cash. This is another step in Israel’s fight against the use of cash. Previously, cash up to the amount of 11,000 NIS ($3,200) could be used in business deals.

“We want the public to reduce the use of cash money,” adv. Tamar Bracha, who is in charge of executing the law on behalf of Israel’s Tax Authority, told The Media Line. “The goal is to reduce cash fluidity in the market, mainly because crime organizations tend to rely on cash. By limiting the use of it, criminal activity is much harder to carry out.”

Emphasis added, first paragraph.

Posted by Besoeker 2022-08-03 08:54|| 2022-08-03 08:54|| Front Page Top

#4 Since they are trying to make cannibalism en vogue, could that be

H.G. Wells Up.

Posted by swksvolFF 2022-08-03 12:13|| 2022-08-03 12:13|| Front Page Top

#5 I use cash almost exclusively for local purchases. The demise of cash is the demise of privacy in virtually every aspect of your life. Not only will it mean your every financial act is monitored and recorded, so is where, when and to whom. Equally, you cannot hold wealth external to a government controlled institution, thus ending the fundamental concept of property and prosperity independent of government control. And, the power to destroy your life by the simple act of judicial fiat through locking down your financial access devices makes you instantly helpless and obedient. This is the power of a police state being hidden behind the myth of convenience. This must be resisted!

Posted by NoMoreBS 2022-08-03 12:56|| 2022-08-03 12:56|| Front Page Top

#6 How Technocommunism Will Institute The CBDC: The Central Bank Game Plan In Under 3 Minutes

Posted by Skidmark 2022-08-03 13:14|| 2022-08-03 13:14|| Front Page Top

#7 You are hereby geofenced to within a radius of 1 km around your domicile. Financial transactions, including transit, will not process outside that radius, and your driver's license is similarly invalid.

Attached is a list of items and quantities you may purchase. It will be updated as required.

Your activities have been noticed. Oh, yes, they've been noticed.

Posted by KBK 2022-08-03 18:53|| 2022-08-03 18:53|| Front Page Top

23:22 Dron66046
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20:56 NoMoreBS
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18:53 KBK
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