Gisteren plaatste Stan van Houcke het volgende artikel over papier en muntgeld. Het betreft de Australische tak van de misdadige Citibank.
Citibank Australië heeft besloten papier- en muntgeld in de ban te doen en alleen nog met ‘digitaal geld’ te willen werken in de toekomst……
Overigens, ook in de EU zijn er landen die denken over dezelfde stap……. Landen hè, daarmee kunnen de politie en geheime diensten echt alles uitvogelen wat u doet in het dagelijkse leven…… Overigens niet alleen overheidsdiensten, maar reken maar dat binnen de kortste keren, deze gegevens goud waard zijn voor de grote bedrijven, die zo hun reclames nog meer kunnen afstemmen ‘op uw behoefte’, ook al heeft u daar in ‘t geheel geen behoefte aan……..
Of dacht u, dat deze gegevens nooit zullen worden gebruikt door politie, geheime diensten en het bedrijfsleven…… Veel gegevens liggen tegenwoordig al op de ambtelijke straat; uw buurman, mits werkzaam op de juiste plek (en dat zijn er heel wat meer dan één) kan zien, wat u zoal doet en wat uw aankopen zijn, welke winkels u bezoekt en ga nog maar even door…..
Keer op keer blijkt weer, dat ‘geheime persoonsgegevens’, op straat liggen…….
Eén ding is zeker, met het uitbannen van contant geld is de politiestaat 2.0 een heel stuk dichterbij……..
In India werden de twee grote bankbiljetten van hun waarde ontdaan, gevolg: de eerste doden in ziekenhuizen zijn gevallen, daar m.n. de arme bevolking de zorgkosten niet kan betalen……. Wat een wereld hè??
Voor nog veel meer tegenargumenten, zoals tegen het voornemen om met digitaal geld makkelijk tot een digitale ‘wereldmunt’ te komen, hier het bewuste artikel:
We
are living in a world where paper fiat money is becoming a
novelty.
In
Australia, Citibank has just become the first to declare that it no
longer will accept notes or coins. Only digital transactions. This
follows on the heels of India banning large cash denominations.
The
cash-oriented changes of these two countries are especially troubling
in light of the eventual plans to phase out large denomination euro
notes and the US 100 dollar bill by 2018. Just as the Economist
predicted nearly 30 years ago, the world is going cashless.
A
few days ago we wrote (here) about
how the Reserve Bank of India eliminated 500 and 1000 rupee banknotes
from the money supply. These notes represent 20% of the cash value in
circulation and 80% of cash outstanding in the country.
The
main reason India has been combating cash in conjunction with selling
off gold, is because people in the “black” or “free” Indian
marketplace were supposedly circumventing the financial system by
conducting business and then slowly buying physical gold with large
denomination bills.
Since
the transactions were not being tracked or monitored, it was much
easier to hide earnings from the government trying to extort them. So
naturally, being a greedy crime syndicate that operates parasitically
on extorted funds, the government is putting a stop to something that
it views as an ongoing, expanding threat.
Of
course, there’s a reason why Indian women wear their wealth – gold
and silver – on their bodies. Indians have been through this before.
Indian societies are very old, perhaps the oldest in the world, and
they’ve gone through numerous metals confiscations in the past.
Of
course, what’s going on is not being described as a “confiscation.”
So far, reasons to remove cash are not coordinated. In India, it’s
because of “corruption.” In Australia, it’s supposedly because
customers simply don’t want or need cash.
Citibank’s
Australian head of retail banking Janine Copelin stated, “We have
seen a steady decline in the demand for cash services in our branches
— in fact less than 4% of Citi customers have used this service in
the last 12 months.”
Which
is both believable and possible considering most people don’t
understand the significant benefits of paying with cash or don’t
care that the government and banks are able to track their every move
and transaction. Then again, Citi could simply be exaggerating.
It’s
the same mentality that people inside the US had and continue to have
after they learned that the NSA was tracking all their information
after Edward Snowden’s revelations.
A
lot of people responded by saying that they have nothing to hide and
therefore nothing to worry about. “Let the government track me all
they want, we have to stop the criminals and terrorists”.The
criminals and terrorists ARE the government, dummies. But, that’s
what government indoctrination camps (schools) are for.
So
starting November 24th, Aussies who bank with Citi, will be forced to
use ATMs to withdraw their money – which besides being more
inconvenient for customers, will likely also cause them to have to
spend much more money on ATM fees.
Perhaps
the Aussies liked what they saw in India, though that seems hard to
understand. The Indian economy is heavily reliant on revenue from
tourism starting in November. The recent attack on cash is squelching
the industry by turning away foreigners who are having trouble
exchanging their money for the local currency the minute they land in
the airport.
According
to UBS Group AG: “Australia should follow India’s lead and
scrap its biggest bank notes.”On
Monday, UBS analyst Jonathan Mott, said:“Removing
large denomination notes in Australia would be good for the economy
and good for the banks. Benefits would include reduced crime and
welfare fraud, increased tax revenue and a ‘spike’ in bank
deposits.” Increased
tax revenue, by the way, is only a “benefit” to the government,
not anyone else.
This
is all part of an increasing trend to move toward a society entirely
bereft of cash. It is ongoing in Sweden, as well, where you cannot
pay for bus fare with cash. Not to mention that of Sweden’s 1,600
bank branches, about 900 no longer keep cash on hand or accept cash
deposits.In
Uruguay, residents can no longer buy gas with cash in the evening.
Eventually, Uruguay plans to forbid employers from paying workers in
cash. Everyone working in Uruguay will have to receive funds in bank
accounts. No doubt this will be replicated elsewhere if it comes to
pass.
Meanwhile,
according to “experts” Sweden will be entirely cashless in less
than five years. And the Swedes appear to be progressing quickly
toward that stated goal with circulation of their Swedish krona
having fallen from around 106 billion in 2009 to around 80 billion
this past year.
All
these cashless initiatives are a part of a longstanding globalist
banking plan to move toward a one-world currency. Though it will be
said that cash is being gotten rid of to cut down on things like
terrorism, tax evasion, and financial crime, the real reason is to
consolidate power.
It
is certainly likely, as well, that the “cashless” move has been
advanced by negative interest rates. As people face such rates, they
are likely to try to remove their cash from banks or convert it to
gold and silver – rather than hold cash in banks while paying for the
privilege.
And,
yes, there are other “real” reasons as well. With cash
increasingly becoming digitized, it makes it easier for the real
criminals (government and central bankers) to exercise more
totalitarian control in tracking transactions.
We
won’t hear about these reasons in the mainstream media. Instead,
we’ll be informed that people “aren’t interested” in cash or
that cash is innately a mechanism of corruption.Hopefully
as this progresses, people will start to raise their voices in
opposition. The idea that governments can track your every
transaction and that you cannot hold cash in alternative forms of
money such as gold and silver is extremely authoritarian.
Already,
Indians are not going down silently. A letter to the Indian Banks’
Association (IBA), All India Bank Officers’ Association (AIBOA) and
All India Bank Employees Association (AIBEA) stated that the decision
to withdraw the high-value notes was taken without proper planning or
preparation.“A
chaotic situation is prevailing at the bank branches and this is
unbearable for both customers as well as bank employees and
officers,” said S Nagarajan, general secretary of AIBOA and his
counterpart at
AIBEA, in the letter to IBA, the apex body of bank
managements.
Plus,
apparently there have already been some 25 deaths due to Indian
demonetization in just six days after the decision. In the
Bulandshahr, branch of Kailash hospital, owned by union culture and
tourism minister Mahesh Sharma, a child died because the parents had
only old currency notes. The hospital wanted them to deposit a Rs
10,000 cash advance for admission. Of course, the hospital has denied
the charge. Then
in Surat, Gujarat, a middle aged mother of two committed suicide
because she wasn’t able to buy rations to feed her family. The shops
she used, refused to accept the old currency notes.
Governments
like to tell you that their actions are for “your own good,” but
it never works out that way. If governments ever really gain total
effective control over money and your use, expect to be even more
deeply impoverished than you already are.
Luckily
there are other options. Bitcoin is certainly one of them.
And, for this reason, we just released yet another book,
“Bitcoin
Basics: A Guide for Cryptocurrency Newcomers”
which is free to TDV subscribers.
There
are currently riots occurring in Greece upon O’Bomber’s arrival.
The Greek banking system has been nearly shuttered now for
years. Cyprus depositors found their funds confiscated over one
weekend in 2013. Italian and German banks are on the brink of
failure. Indians are dying in the streets amidst mass chaos as
the government has demonetized much of their currency. And in
places like Sweden and Australia they are quickly moving to get rid
of cash as well.
Imagine
if in all these places people used bitcoin for transactions. All
of these things would be a non-event. Unfortunately, most still are
unaware of alternatives. For those who are aware, like TDV
subscribers since 2011 when bitcoin was at $3 (currently at $700),
things are likely, much better.
As
more people wake up to find their currencies demonetized or their
banks closed, they are going to look into things like bitcoin which
will only drive the price exponentially higher.
Subscribe
to TDV here,
today, to
get access to our new bitcoin book as well as our worldwide community
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information, advice and analysis on how to survive and profit from
this ongoing war against your cash, privacy and liquidity.
Don’t
wait until you have to line up at out-of-service ATMs in a vain
attempt to get money you have, but cannot possess.
Anarcho-Capitalist.
Libertarian. Freedom fighter against mankind’s two biggest
enemies, the State and the Central Banks. Jeff Berwick is the
founder of The
Dollar Vigilante and
host of the popular video podcast, Anarchast.
Jeff is a prominent speaker at many of the world’s freedom,
investment and cryptocurrency conferences including his own, the
world’s largest anarcho-capitalist conference, Anarchapulco,
as well as regularly in the media including CNBC, Fox Business and
Bloomberg. Jeff also posts exclusive content daily to the new
blockchain based social media network, Steemit.
Voor meer berichten n.a.v. het bovenstaande, klik op één van de labels, die u onder dit berucht terug kan vinden, dit geldt niet voor de labels: bankencrisis 2.0, Berwick, bitcoin en UBS.
