While it is true that recent technological advances and changes in generational priorities mean that cash’s days are probably numbered anyway, there is a whole world of difference between a natural death and euthanasia. It is increasingly clear that a loose, albeit extremely powerful alliance of governments, central banks, big banks, credit card companies, and large corporations wants to pull the plug on cash, for their own distinct motives.
Central banks want to make NIRP an eternal reality and the only way of doing that is to stop depositors from cashing out. For credit card companies, cash is the ultimate rival. As such, it’s no surprise that the likes of Visa and MasterCard are among those pushing the hardest for a cashless economy. As for banks, the obvious attraction is the virtual elimination of the threat of bank runs. As Ellen Brown warns, the ultimate premise of Dodd-Frank was that there would be “no more taxpayer bailouts”:
Instead, insolvent systemically-risky banks were supposed to “bail in” (confiscate) the money of their creditors, including their depositors (the largest class of creditor of any bank). That could explain the push to go cashless. By quietly eliminating the possibility of cash withdrawals, the central bank can make sure the deposits are there to be grabbed when disaster strikes.
In most of the cashless schemes government is playing a key or even leading role. Besides being able to tax people and businesses with much greater efficiency, its two primary motives are power and control. What better way of controlling the people than by controlling their access to the money they need to survive? It would amount to what Martin Armstrong calls “totalitarian control over the economy.”
Naturally, none of these projects are being sold to the general public in such a dystopian light. Instead they are being framed as people-friendly initiatives aimed at making life easier, more convenient, safer and more efficient, while of course stopping drug pushers, terrorists (real or presumed), and all other bogeymen (excluding of course those in government or the financial sector) in their tracks. It’s as if all the world needs to become a better, healthier, nicer, less crime-infested place is the complete abolition of paper and metal forms of money. …
What conveniently gets lost in all the hype are the potential downsides of a cashless economy, which are legion. They include the complete loss of personal anonymity and control over your own finances; the very serious risk of identity fraud, especially when biometric measurements are introduced; the ease with which government authorities will be able to confiscate (and probably never return) our hard-earned money; the likelihood of new or increased fees as financial intermediaries proliferate; and perhaps most grievous of all, the danger that your government or financial institutions can cut you off altogether from the money you own and need to survive, just as happened with Wikileaks when it published the biggest leaks in journalistic history, in October 2010.
Just over a week ago, Apple CEO Tim Cook predicted the death of cash, while out promoting Apple Pay, when he told students at Trinity College, Dublin, that their children “will not know what cash is.” …
While Sweden and Denmark may be the two nations that are closest to banning cash outright, the most important testing ground for cashless economics is half a world away, in sub-Saharan Africa.
In many African countries, going cashless is not merely a matter of basic convenience (as it is in Scandinavia); it is a matter of basic survival. Less than 30% of the population have bank accounts, and even fewer have credit cards. But almost everyone has a mobile phone. Now, thanks to the massive surge in uptake of mobile communications as well as the huge numbers of unbanked citizens, Africa has become the perfect place for the world’s biggest social experiment with cashless living.
Western NGOs and GOs (Government Organizations) are working hand-in-hand with banks, telecom companies and local authorities to replace cash with mobile money alternatives. The organizations involved include Citi Group, Mastercard, VISA, Vodafone, USAID, and the Bill and Melinda Gates Foundation. …
Ankara warned of “serious consequences” if Moscow continued campaign against Islamic State
Turkey shot down a Russian Su-24 fighter jet it claimed had violated Turkish airspace just days after threatening Moscow with “serious consequences” if it continued bombing ISIS in Syria.
The plane was flying at an altitude of 6,000m (19,685ft) when it was shot down by the Turkish military before subsequently crashing on Syrian territory.
Russian President Vladimir Putin later called the act a “stab in the back by accomplices of terrorism.”
The incident occurred just days after Turkish officials warned Russia to “immediately end its operation” against ISIS after warplanes bombed border regions.
Ankara is unhappy that civilians belonging to the Turkmen population, which is staunchly anti-President Assad, will flee to Turkey and create a new refugee influx. …
They don’t seem to mind the pro-assad refugee influx….
Two brothers involved in the Paris terror attacks ‘stopped drinking and started praying’ about six months before the atrocity, their sibling claimed last night.
Mohamed Abdeslam claimed that fugitive Salah and Ibrahim, who blew himself up, told their mother that they were going skiing shortly before the attacks in the French capital ten days ago.
And he added that they although they started to change half a year earlier, there was ‘nothing to suggest they had been radicalised’, insisting that he instead believed that they were ‘manipulated’. …
His comments come as it was claimed that Salah, Europe’s most wanted man, was a regular in Brussels gay bars, smoked cannabis and spent most of his time playing on his PlayStation….
Human race will ‘split into two different species’
The human race will one day split into two separate species, an attractive, intelligent ruling elite and an underclass of dim-witted, ugly goblin-like creatures, according to a top scientist.
100,000 years into the future, sexual selection could mean that two distinct breeds of human will have developed.
The alarming prediction comes from evolutionary theorist Oliver Curry from the London School of Economics, who says that the human race will have reached its physical peak by the year 3000. …
HG Wells and other empire worshippers have hinted at this outcome for decades, but it won’t be sexual selection, it will be eugenics that makes this happen. Modern eugenics is based on ignorance and socioeconomic status, which are being treated as proxies for genetic fitness under the artificial chemical and biochemical gradients that have been introduced into the human environment. If you’re dumb enough or poor enough that you can’t keep glyphosate and mystery injections out of your body, you are already seen as subhuman by our great philosopher kings, who still live in the culture of the old british empire (now exported to the USA) and think that entropy and newtonian mechanics are the cutting edge of scientific understanding. But life is always at the edge of creation, not buried in the gold vaults under their palaces. They should eat a magic mushroom and take a walk in the woods sometime. Their minds are hungry for complexity.
EU Food Safety Authority admits glyphosate formulations are “genotoxic”
The European Union Food Safety Authority (EFSA) seemingly handed Monsanto a victory on November 12, when it released a report concluding that the company’s global bestselling herbicide chemical glyphosate is “unlikely” to be a carcinogen.
But a careful reading of the EFSA report actually reveals a different conclusion: the EFSA said that while glyphosate itself may be unlikely to cause cancer, the actual products that farmers and consumers are exposed to – such as Roundup – are indeed likely to cause genetic damage that may lead to cancer.
This marks one of the first times that a government safety agency has acknowledged that so-called “inactive” ingredients in chemical products may be just as dangerous as the active ingredients. …
EUgenicists Open Floodgates to US GMO Plague
New study links autism, cancer to vaccines made with human fetal cells
PLAGUE – The Book – a must Read!
Plague: Vaccines, Retroviruses and Corruption: Interview with Judy Mikovitz
“Scientific societies are as yet in their infancy. . . . It is to be expected that advances in physiology and psychology will give governments much more control over individual mentality than they now have even in totalitarian countries. Fitche laid it down that education should aim at destroying free will, so that, after pupils have left school, they shall be incapable, throughout the rest of their lives, of thinking or acting otherwise than as their schoolmasters would have wished. . . . Diet, injections, and injunctions will combine, from a very early age, to produce the sort of character and the sort of beliefs that the authorities consider desirable, and any serious criticism of the powers that be will become psychologically impossible. . . .”—-Bertrand Russell,1953
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Is it a crime if the victim doesn’t consciously remember or know what he’s missing? I guess the same could be said of eyeball extraction. But in any case many, perhaps most children remember, sometimes up to adulthood. But they still won’t know what they’re remembering unless they learn the details of how it’s done. And the unconscious imprint is evident throughout their bodies (look up “hispanic paradox”) But it’s good for the GDP, in everything from foreskin sales to psych drug sales to increased costs of living when families break up. A win-win for everyone!
Just as we predicted, the U.S. Food and Drug Administration (FDA) has brazenly betrayed the public’s trust by approving the world’s first genetically modified (GM) animal in direct defiance of science – a transgenic salmon branded “AquAdvantage” that has never been proven safe for human consumption or the natural environment.
The New York Times (NYT) reports that AquAdvantage, a product of AquaBounty Technologies, has received official FDA approval after years of fierce lobbying by its manufacturer in favor of open approval. Despite repeated warnings from detractors that AquAdvantage poses serious threats to aquatic ecosystems and humans, the FDA has determined that this GM fish is completely safe for everything and everyone on the planet.
Many of the claims made about AquAdvantage by its manufacturer have been debunked, including the lie that this “Frankenfish” grows more quickly than natural salmon and is less prone to disease – both of which claims are patently false. AquAdvantage was also said to pose no threats to aquatic environments because it is supposedly sterile, but this, too, has been called into question by independent scientific review.
The FDA has repeatedly ignored all petitions from consumer watchdog groups to take a closer and more unbiased look at GM salmon to determine its true safety, including whether or not it is even needed. Consumers have overwhelmingly indicated that they don’t want to eat this or any other GM animal, yet the FDA now plans to allow its entrance into the food supply – unlabeled, of course. …