This Is Why The Mega Banks Are Promoting A Cashless Society

cash-ban

In case you haven’t noticed, the mega banks are promoting a cashless society. For those of you who may say, “Who cares?” “I already only use debit cards, credit cards, and online banking for 99% of my transactions – so what does it matter?”…

Here’s why it matters:


 

Negative Interest Rates

The number one reason in my estimation has everything to do with ‘negative interest rates’.

Most people haven’t heard much (or any) of this term yet, but those who have been paying attention already know that it IS HAPPENING and is already implemented in some places around the world.

“What is ‘negative interest rates’, and why should I care?”

It’s simple. YOU will be charged interest for keeping money in the bank. Not the other way around…

You might then (logically) ask, “Well if they’re going to charge me to keep MY money in THEIR bank, then I’m taking it out!”. And this is a primary reason why ‘they’ want a cashless society, because if cash is banned, then you wouldn’t be able to take it out! If you want to transact, you will be required to transact electronically. Period.

Once that requirement is in place, then you will have no choice but to succumb to their ‘negative interest rate policies’ (NIRP) in which the bank reaps enormous revenue streams – further separating you from your money.

In case you haven’t noticed, the banks, especially the ‘too big to fail’s, are in very big trouble right now. The central banks of the world are desperately trying to keep their ’empty shell’ system from crashing. They’ve used ZIRP (zero interest rate policies) and QE 1,2,3 (quantitative easing – printing money) since 2008 and now the gig is up. It has not worked… In fact it’s worse than ever before! They are now implementing negative interest rates in a desperate attempt to stay afloat!

It’s not here in the U.S. yet, but believe me it’s going to be floated.

 

Cash Ban

They have been on a determined mission (along with .gov) to demonize ‘cash’. Associating cash with ‘bad’ ‘dirty’ ‘suspicious’ transactions (terrorism, drugs, and other illicit activity). This will be their underlying rationale to swing over the sheeple to their side. I’m telling you as sure as I’m sitting here that if the system manages to stay afloat awhile longer (although not looking too good at all right now!), this WILL become a reality one day.

There are already measures in place between the banks and .gov whereby YOU will be under great suspicion when withdrawing any ‘significant’ amount of cash from your own account! They will also ‘flag’ you if you try to circumvent any single ‘significant’ amount by regularly withdrawing smaller amounts to get around it! Even though it is YOUR money, you will be flagged.

What are the ‘significant’ amounts? Most of us know that there’s an automatic stream of government paperwork for anything $10K and above, however the actual amount whereby a bank may notify .gov is MUCH LESS. It apparently is discretionary. Even if you handle a few grand, you may very well be flagged…

 

Track, Tax, and Confiscate

ALL electronic transactions are tracked. It enables a system of 100% profiling and a system of control. The track of your electronic debits is a signature of who you are, what you have bought, the implied reasons why you bought it, what you have done, what you will likely do, where you’ve been, when you’ve been there, your political leanings, the kind of person you are, your ‘normal’ history revealing any ‘abnormal’ activity, and so on…

When every cent of your invisible debits and credits is tracked, it makes it real easy and efficient for .gov to tax you. Easy Peasy. It also makes it really easy for .gov to ‘shut you off’. And when it is a legal requirement to ONLY transact within the electronic system, then how will you survive outside of it – assuming you can manage to stay out of jail if you do…?

You get the idea? Confiscation will be a simple matter of pressing a button when the system is in complete control of YOU and your MONEY.

You will have become the ultimate slave, a host to the parasitic system that needs your blood…

 
Personally, I would rather convert and diversify my ‘money’ (cash or electronic) into tangibles that will provide a personal security net of preparedness, self-reliance, and self-sufficiency. Before it’s too late… This is not going to end well.

140 Comments


Click here to vote for MSB -Top Prepper Website

  1. cossack55 February 11, 2016
    • Steve February 13, 2016
  2. PrepperPam February 11, 2016
  3. Kulafarmer February 11, 2016
    • NRP February 11, 2016
      • Kulafarmer February 11, 2016
        • Lady Leatherneck February 13, 2016
    • Lauren February 11, 2016
      • Foxglove666 February 12, 2016
        • Lauren February 12, 2016
          • Foxglove666 February 12, 2016
      • Kulafarmer February 12, 2016
  4. 11HE9 February 11, 2016
    • being watched February 11, 2016
    • bustatmove February 11, 2016
    • antique collector February 12, 2016
  5. bustatmove February 11, 2016
    • Foxglove666 February 12, 2016
  6. being watched February 11, 2016
  7. Taxn2poverty February 11, 2016
    • DaisyK February 11, 2016
    • DAMed in NY February 11, 2016
      • Fred the Dog February 12, 2016
    • Lifelonglearner February 11, 2016
      • 11HE9 February 11, 2016
        • Lifelonglearner February 11, 2016
        • Lauren February 12, 2016
          • Lauren February 12, 2016
    • Cat6 February 11, 2016
    • being watched February 12, 2016
      • Lauren February 12, 2016
        • NRP February 12, 2016
          • Lauren February 12, 2016
          • NRP February 12, 2016
      • me February 12, 2016
      • Melissaa February 14, 2016
    • marksrig February 12, 2016
    • kate114 February 12, 2016
  8. Kulafarmer February 11, 2016
    • Lauren February 11, 2016
      • 11HE9 February 11, 2016
  9. Peanut Gallery February 11, 2016
  10. NRP February 11, 2016
    • PrepperPam February 11, 2016
    • Texas February 11, 2016
    • Lauren February 12, 2016
  11. Anon February 11, 2016
    • Shepherdess February 11, 2016
      • Lauren February 11, 2016
    • Foxglove666 February 12, 2016
    • Lady Leatherneck February 13, 2016
  12. Stardust February 11, 2016
  13. Modern Throwback February 11, 2016
  14. GK February 11, 2016
    • antique collector February 12, 2016
  15. aka February 11, 2016
    • Anon February 11, 2016
      • Lauren February 11, 2016
        • Anon February 11, 2016
        • Foxglove666 February 12, 2016
      • aka February 11, 2016
        • Anon February 11, 2016
          • Stardust February 11, 2016
          • Anon February 11, 2016
          • Lauren February 11, 2016
          • Peanut Gallery February 11, 2016
          • Anon February 11, 2016
          • Lauren February 11, 2016
  16. Modern Throwback February 11, 2016
  17. Lauren February 11, 2016
  18. DaisyK February 11, 2016
    • NRP February 11, 2016
      • cossack55 February 11, 2016
      • being watched February 11, 2016
        • 11HE9 February 11, 2016
      • Ken Jorgustin February 11, 2016
        • 11HE9 February 11, 2016
        • Foxglove666 February 12, 2016
    • being watched February 11, 2016
      • 11HE9 February 11, 2016
  19. AnyMan February 11, 2016
  20. Wolfgar February 11, 2016
  21. canadagal February 11, 2016
  22. Ision February 11, 2016
    • Lauren February 11, 2016
  23. Big Iron February 11, 2016
    • Heartless February 11, 2016
    • Lifelonglearner February 11, 2016
  24. Lauren February 11, 2016
  25. me February 11, 2016
    • cossack55 February 11, 2016
      • me February 11, 2016
        • cossack55 February 12, 2016
  26. No Joke February 11, 2016
    • Lifelonglearner February 11, 2016
  27. Lifelonglearner February 11, 2016
    • Lifelonglearner February 11, 2016
  28. Homebody February 11, 2016
  29. AnyMan February 11, 2016
    • Texas February 11, 2016
      • Melissa February 14, 2016
        • Texas February 14, 2016
    • Lifelonglearner February 11, 2016
      • Texas February 12, 2016
        • NRP February 12, 2016
          • Texas February 12, 2016
        • me February 12, 2016
  30. tango February 11, 2016
    • Stardust February 11, 2016
      • Lauren February 15, 2016
  31. 11HE9 February 11, 2016
  32. Ken Jorgustin February 11, 2016
  33. samaritan01 February 11, 2016
    • cossack55 February 12, 2016
    • NRP February 12, 2016
      • samaritan01 February 13, 2016
  34. TJ February 11, 2016
    • Stardust February 12, 2016
  35. Star Messenger February 12, 2016
    • Lauren February 12, 2016
      • Lauren February 12, 2016
  36. DaisyK February 12, 2016
  37. Lifelonglearner February 12, 2016
  38. No Joke February 12, 2016
    • NRP February 12, 2016
    • Ken Jorgustin February 12, 2016
      • Lauren February 12, 2016
  39. me February 12, 2016
  40. Ken Jorgustin February 12, 2016
    • Anon February 12, 2016
  41. aka February 12, 2016
    • Lauren February 12, 2016
    • Texas February 13, 2016
      • Texas February 13, 2016
      • Peanut Gallery February 13, 2016
        • Texas February 13, 2016
  42. DWEEZIL THE WEASEL February 13, 2016
  43. aka February 13, 2016
  44. Clique777 February 13, 2016
  45. Seer July 19, 2016
Click here to vote for MSB -Top Prepper Website

Visit our TERMS OF USE & Comment Policy

For off-topic discussion, visit the latest:
'Weekly Preparedness' post

For the most recent comments from all articles:
'Recent Comments' page

Leave a Reply

Email optional - will not be published
Do NOT follow this link or you will be banned from the site!