If you weren’t hiding under a rock since the 1990s, you’ve noticed how cash became a debit card, other monies flew somewhere into digital clouds, and we now have cryptophants (I just made that word up) sporting digital wallets. If you’re old enough, you witnessed the demise of the last silver certificate of $1 denomination in 1964, the $500, $1,000, $5,000, and $10,000 bills in 1969. It’s not a coincidence that POTUS Nixon terminated the gold-backed dollar shortly thereafter in 1971.
Nixon’s Colossal Monetary Error: The Verdict 40 Years Later… “In the end, breaking the solemn promise that a dollar was worth 1/35th of an ounce of gold doomed his Presidency, and marked the beginning of the worst 40 years in American economic history.” – Forbes, August 2011
Did you know a $100,000 bill existed back in 1934? The public couldn’t use them – they were literally gold.
“The $100,000 note was actually a gold certificate that was not circulated or issued for public use. The Bureau of Engraving and Printing printed the notes during The Great Depression in 1934 with a portrait of Woodrow Wilson on them. Only 42,000 of the $100,000 bills were ever printed for the purpose of conducting official transactions between Federal Reserve banks only.” – Smithsonian
Here are the others, may they rest in peace…
Of course, chit-chat about doing away with the $100 bill has been going on for years. Please don’t trash Franky-baby!
With His Call To Abolish $100 Bill, Kenneth Rogoff Did The Economics Profession A Major Disservice – Forbes, Sept 2016
Let’s cut to the chase (pun intended). The globalist goal is to track, record, and tax every single penny you spend. Got it? Unfortunately, there are quite a few bright folks out there who aren’t. I hope they only use cryptocurrencies to profit into something tangible like gold, silver, land, art, etc. The “beast” is roaming the lands.
Get busy big baby cuz when dem devil come, Dem devil come dressed as light, Maybe they gon’ fool the untrained mind, But nobody eye know gon’ bite – Prince, “Muse To The Pharoah”
“Although some countries most likely will de-cash in a few years, going completely cashless should be phased in steps. The de-cashing process could build on the initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders. Further steps could include creating economic incentives to reduce the use of cash in transactions, simplifying the opening and use of transferrable deposits, and further computerizing the financial system.” – IMF, The Macroeconomics of De-Cashing
“We are declaring war on cash,” Bank spokesman Andy Gerlt stated… “Here is yet more proof of what happens when slow, methodical planning, manufactured consent, and corporate influence combine their forces. The result is an unholy union between academic ideologists, political puppets, and corporate greed manifested in what can only be described as a juggernaut; A slow, relentlessly moving object that will crush anything in its path. Note juggernauts are also prone to crushing their devotees as well.” – Marketslant, July 24
Peruse if you care…
- Visa Trying to Bribe Merchants to Stop Taking Cash – Naked Capitalism, July 13
- The “Abolish Paper Currency” Cookbook: The NWO Recipe on How to Kill Cash – Zerohedge, July 14
- People Not Amused by EU Efforts to “De-Cash” Their Lives – Wolf Street, July 14
- How Governments Can Kill Cash – Jim Rickards, July 17
- Going Cashless? Bad for Tax Cheats, Privacy, Poor – Bloomberg, July 17
- “Electronic Money” Under “The One World Order” (OWO) – Global Research, July 20
- We’re moving toward a cashless society, and lots of people are going to be left behind – CNBC, July 28
- Be Prepared – The Coming Cashless Society – Jim Sinclair, July 30
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