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.

Related Posts That You Might Like:



140 Comments


Modern Survival Blog is a Top Prepper Website

  1. cossack55 02/11/2016 10:18 AM
    • Steve 02/13/2016 2:17 PM
  2. PrepperPam 02/11/2016 10:24 AM
  3. Kulafarmer 02/11/2016 10:59 AM
    • NRP 02/11/2016 11:26 AM
      • Kulafarmer 02/11/2016 11:43 AM
        • Lady Leatherneck 02/13/2016 1:19 PM
    • Lauren 02/11/2016 3:13 PM
      • Foxglove666 02/12/2016 12:37 AM
        • Lauren 02/12/2016 12:53 AM
          • Foxglove666 02/12/2016 12:57 AM
      • Kulafarmer 02/12/2016 10:18 AM
  4. 11HE9 02/11/2016 11:02 AM
    • being watched 02/11/2016 11:26 AM
    • bustatmove 02/11/2016 11:32 AM
    • antique collector 02/12/2016 7:00 PM
  5. bustatmove 02/11/2016 11:25 AM
    • Foxglove666 02/12/2016 1:02 AM
  6. being watched 02/11/2016 11:43 AM
  7. Taxn2poverty 02/11/2016 11:44 AM
    • DaisyK 02/11/2016 12:22 PM
    • DAMed in NY 02/11/2016 2:20 PM
      • Fred the Dog 02/12/2016 7:57 AM
    • Lifelonglearner 02/11/2016 4:37 PM
      • 11HE9 02/11/2016 5:24 PM
        • Lifelonglearner 02/11/2016 9:49 PM
        • Lauren 02/12/2016 12:41 AM
          • Lauren 02/12/2016 12:43 AM
    • Cat6 02/11/2016 7:31 PM
    • being watched 02/12/2016 12:04 AM
      • Lauren 02/12/2016 12:16 AM
        • NRP 02/12/2016 10:13 AM
          • Lauren 02/12/2016 1:01 PM
          • NRP 02/12/2016 1:12 PM
      • me 02/12/2016 10:42 AM
      • Melissaa 02/14/2016 9:45 PM
    • marksrig 02/12/2016 1:38 AM
    • kate114 02/12/2016 10:42 PM
  8. Kulafarmer 02/11/2016 11:45 AM
    • Lauren 02/11/2016 12:46 PM
      • 11HE9 02/11/2016 9:32 PM
  9. Peanut Gallery 02/11/2016 11:52 AM
  10. NRP 02/11/2016 12:01 PM
    • PrepperPam 02/11/2016 3:51 PM
    • Texas 02/11/2016 8:01 PM
    • Lauren 02/12/2016 2:15 PM
  11. Anon 02/11/2016 12:03 PM
    • Shepherdess 02/11/2016 12:19 PM
      • Lauren 02/11/2016 12:49 PM
    • Foxglove666 02/12/2016 1:27 AM
    • Lady Leatherneck 02/13/2016 1:50 PM
  12. Stardust 02/11/2016 12:13 PM
  13. Modern Throwback 02/11/2016 12:21 PM
  14. GK 02/11/2016 12:34 PM
    • antique collector 02/12/2016 8:36 PM
  15. aka 02/11/2016 12:41 PM
    • Anon 02/11/2016 1:32 PM
      • Lauren 02/11/2016 3:50 PM
        • Anon 02/11/2016 6:38 PM
        • Foxglove666 02/12/2016 1:35 AM
      • aka 02/11/2016 5:52 PM
        • Anon 02/11/2016 6:33 PM
          • Stardust 02/11/2016 7:03 PM
          • Anon 02/11/2016 7:12 PM
          • Lauren 02/11/2016 7:44 PM
          • Peanut Gallery 02/11/2016 9:25 PM
          • Anon 02/11/2016 10:34 PM
          • Lauren 02/11/2016 11:23 PM
  16. Modern Throwback 02/11/2016 12:58 PM
  17. Lauren 02/11/2016 1:00 PM
  18. DaisyK 02/11/2016 1:03 PM
    • NRP 02/11/2016 1:13 PM
      • cossack55 02/11/2016 1:56 PM
      • being watched 02/11/2016 1:57 PM
        • 11HE9 02/11/2016 2:11 PM
      • Ken Jorgustin 02/11/2016 1:59 PM
        • 11HE9 02/11/2016 3:14 PM
        • Foxglove666 02/12/2016 1:40 AM
    • being watched 02/11/2016 2:00 PM
      • 11HE9 02/11/2016 4:04 PM
  19. AnyMan 02/11/2016 2:00 PM
  20. Wolfgar 02/11/2016 2:03 PM
  21. canadagal 02/11/2016 2:44 PM
  22. Ision 02/11/2016 3:14 PM
    • Lauren 02/11/2016 3:22 PM
  23. Big Iron 02/11/2016 3:43 PM
    • Heartless 02/11/2016 4:16 PM
    • Lifelonglearner 02/11/2016 5:10 PM
  24. Lauren 02/11/2016 4:06 PM
  25. me 02/11/2016 4:36 PM
    • cossack55 02/11/2016 5:29 PM
      • me 02/11/2016 7:41 PM
        • cossack55 02/12/2016 6:33 AM
  26. No Joke 02/11/2016 4:58 PM
    • Lifelonglearner 02/11/2016 5:01 PM
  27. Lifelonglearner 02/11/2016 4:59 PM
    • Lifelonglearner 02/11/2016 5:14 PM
  28. Homebody 02/11/2016 6:05 PM
  29. AnyMan 02/11/2016 6:30 PM
    • Texas 02/11/2016 8:10 PM
      • Melissa 02/14/2016 10:09 PM
        • Texas 02/14/2016 11:30 PM
    • Lifelonglearner 02/11/2016 8:46 PM
      • Texas 02/12/2016 11:17 AM
        • NRP 02/12/2016 12:29 PM
          • Texas 02/12/2016 7:58 PM
        • me 02/12/2016 12:34 PM
  30. tango 02/11/2016 7:01 PM
    • Stardust 02/11/2016 8:07 PM
      • Lauren 02/15/2016 12:36 AM
  31. 11HE9 02/11/2016 9:44 PM
  32. Ken Jorgustin 02/11/2016 10:12 PM
  33. samaritan01 02/11/2016 10:55 PM
    • cossack55 02/12/2016 6:36 AM
    • NRP 02/12/2016 10:06 AM
      • samaritan01 02/13/2016 3:54 PM
  34. TJ 02/11/2016 11:54 PM
    • Stardust 02/12/2016 4:09 PM
  35. Star Messenger 02/12/2016 2:17 AM
    • Lauren 02/12/2016 2:42 AM
      • Lauren 02/12/2016 2:50 AM
  36. DaisyK 02/12/2016 5:58 AM
  37. Lifelonglearner 02/12/2016 7:54 AM
  38. No Joke 02/12/2016 10:14 AM
    • NRP 02/12/2016 10:31 AM
    • Ken Jorgustin 02/12/2016 10:37 AM
      • Lauren 02/12/2016 1:07 PM
  39. me 02/12/2016 10:29 AM
  40. Ken Jorgustin 02/12/2016 11:33 AM
    • Anon 02/12/2016 12:04 PM
  41. aka 02/12/2016 11:36 AM
    • Lauren 02/12/2016 1:12 PM
    • Texas 02/13/2016 10:01 AM
      • Texas 02/13/2016 10:15 AM
      • Peanut Gallery 02/13/2016 10:16 AM
        • Texas 02/13/2016 12:01 PM
  42. DWEEZIL THE WEASEL 02/13/2016 12:51 AM
  43. aka 02/13/2016 12:26 PM
  44. Clique777 02/13/2016 8:08 PM
  45. Seer 07/19/2016 10:05 AM
Vote for MSB -Top Prepper Website

By commenting you are agreeing to our:
Policy & Terms of Use

For Off-Topic discussion:
Latest 'Weekly Preparedness' post

The most recent from ALL articles:
RECENT COMMENTS

Leave a Reply to antique collector Cancel reply