Saturday, August 27, 2016

They are after your cash (and if this happens they will get it)

If the IRS has its way, cash will be a thing of the past. In its place, every transaction will be digital, every purchase will leave a footprint. And it will tell your story – where you go and what you buy while you are there.

A cashless society means your bank – and the US government – controls every penny you own and every purchase you make. They can freeze your account at will, leaving you destitute with just a few taps on a keyboard.

As Ron Paul said, “The cashless society is the IRS’ dream: total knowledge of, and control over, the finances of every single American.”

Now you may ask, why? Simple answer, because cash is anonymous and almost impossible to track -- so Uncle Sam cannot control it.

The move towards a cashless, controlled state has been in motion for decades. If you travel by air, you have experienced this first hand. “Cashless cabins” are the rule on nearly all airlines. Every glass of wine, extra cushion or headset must be purchased on credit. Every transaction is tracked, every purchase made subject to interest being tacked on to the principle. Full story...

Related posts:
  1. Cash won't die out because shoppers do not trust contactless or mobile
  2. Tourists in Japan to use fingerprints as 'currency' instead of cash...
  3. Sweden 'fast becoming world’s first cashless society’
  4. Why we should fear a cashless world...
  5. Swede becomes first person to board a plane with just a wave of his hand...
  6. Abolishing cash – new age of economic totalitarianism...
  7. Swedes replace credit cards with hand swipe...
  8. iPads replace waiters & cashiers in a San-Fransisco restaurant...

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