Death of Cash = Death of Freedom

[Speaker to Animals]

Weird. I thought I posted that on the Common Sense thread. Anywho.. I strongly suspect something like that happened around the time he got the invitation to that conference with government and private officials on foreign policy. That was when the content changed from being anti-duopoly and anti-establishment to being pretty solid progressivism.

I really don't know of any other way to explain it. It's not like Dan ever explained why he became a progressive.

You did?

Where am I?

[jbird4049]

Some very good points in this small article that I think most, if not all, of us think about. Without free money freedom cannot survive. Cash/using cash might very well be illegal in 20 years IMO.

“Governments are always looking out for themselves first, and it's the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it's about $4,000 in any cash transaction. In France you cannot use more than, I think it's a €1,000,”said Rogers

“When it's done, the governments are going to be very, very happy they are going to say they're doing it for our own good, this is not them, this is for our good. That they're doing this, but it’s coming, and it's going to be a whole different world in which we live. Probably we are not going to have as many freedoms as we have now even though we are already losing our freedoms at a significant pace,” Rodgers

https://www.rt.com/business/377307-jim- ... trol-cash/

There is also the new idea to save the banks from us using bank bail-ins not bank bailouts. You how a certain amount of our money in a bank account is insured in case of bank failures. That's still on the books, but both here, and in Europe, new laws, and regulations, have been snuck into the financial "reform" legislation whereby the government can take your money and use to cover a bank's losses. In the past that would have caused a bank run, but guess what? Now the greedy corrupt bastards could, especially if there is no cash, press some buttons and your money is gone. Do some searches on the interwebs.

[SilverEagle]

Some very good points in this small article that I think most, if not all, of us think about. Without free money freedom cannot survive. Cash/using cash might very well be illegal in 20 years IMO.

“Governments are always looking out for themselves first, and it's the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it's about $4,000 in any cash transaction. In France you cannot use more than, I think it's a €1,000,”said Rogers

“When it's done, the governments are going to be very, very happy they are going to say they're doing it for our own good, this is not them, this is for our good. That they're doing this, but it’s coming, and it's going to be a whole different world in which we live. Probably we are not going to have as many freedoms as we have now even though we are already losing our freedoms at a significant pace,” Rodgers

https://www.rt.com/business/377307-jim- ... trol-cash/

There is also the new idea to save the banks from us using bank bail-ins not bank bailouts. You how a certain amount of our money in a bank account is insured in case of bank failures. That's still on the books, but both here, and in Europe, new laws, and regulations, have been snuck into the financial "reform" legislation whereby the government can take your money and use to cover a bank's losses. In the past that would have caused a bank run, but guess what? Now the greedy corrupt bastards could, especially if there is no cash, press some buttons and your money is gone. Do some searches on the interwebs.

A run on the banks will happen no matter what. Yeah they would basically shut the doors and only allow you to take $50 or $100 per day. It's called Capitol Controls. Again that is why it's a good idea to have cash stored outside of not only a bank account but also physically outside the bank itself. They could easily prevent you from getting to a safety deposit box. Same goes for PMs.

[SuburbanFarmer]

Some very good points in this small article that I think most, if not all, of us think about. Without free money freedom cannot survive. Cash/using cash might very well be illegal in 20 years IMO.






https://www.rt.com/business/377307-jim- ... trol-cash/

There is also the new idea to save the banks from us using bank bail-ins not bank bailouts. You how a certain amount of our money in a bank account is insured in case of bank failures. That's still on the books, but both here, and in Europe, new laws, and regulations, have been snuck into the financial "reform" legislation whereby the government can take your money and use to cover a bank's losses. In the past that would have caused a bank run, but guess what? Now the greedy corrupt bastards could, especially if there is no cash, press some buttons and your money is gone. Do some searches on the interwebs.

A run on the banks will happen no matter what. Yeah they would basically shut the doors and only allow you to take $50 or $100 per day. It's called Capitol Controls. Again that is why it's a good idea to have cash stored outside of not only a bank account but also physically outside the bank itself. They could easily prevent you from getting to a safety deposit box. Same goes for PMs.

This has already happened in Greece, and several other failing economies. https://www.ft.com/content/ecf7012a-527 ... c0c26b3c60
Basically, no one is allowed to withdraw more than $70 per day.

Also, oddly, Chase bank appears to have instituted a $50,000 limit on cash activity: http://www.forbes.com/sites/halahtourya ... a9f28160e1

[jbird4049]

There is also the new idea to save the banks from us using bank bail-ins not bank bailouts. You how a certain amount of our money in a bank account is insured in case of bank failures. That's still on the books, but both here, and in Europe, new laws, and regulations, have been snuck into the financial "reform" legislation whereby the government can take your money and use to cover a bank's losses. In the past that would have caused a bank run, but guess what? Now the greedy corrupt bastards could, especially if there is no cash, press some buttons and your money is gone. Do some searches on the interwebs.

A run on the banks will happen no matter what. Yeah they would basically shut the doors and only allow you to take $50 or $100 per day. It's called Capitol Controls. Again that is why it's a good idea to have cash stored outside of not only a bank account but also physically outside the bank itself. They could easily prevent you from getting to a safety deposit box. Same goes for PMs.

This has already happened in Greece, and several other failing economies. https://www.ft.com/content/ecf7012a-527 ... c0c26b3c60
Basically, no one is allowed to withdraw more than $70 per day.

Also, oddly, Chase bank appears to have instituted a $50,000 limit on cash activity: http://www.forbes.com/sites/halahtourya ... a9f28160e1

I use to wonder why people would make not so unjoking jokes about tumbrels. Not so much wondering now.

[SuburbanFarmer]

A medieval dumping cart?

[jbird4049]

A medieval dumping cart?

A tumbrel is a type of two wheeled wagon that was used to take people for their close shaves from Madam Guillotine during the French Revolution.

[SuburbanFarmer]

A medieval dumping cart?

A tumbrel is a type of two wheeled wagon that was used to take people for their close shaves from Madam Guillotine during the French Revolution.

Oh, gotcha.

Yeah, the pitchforks are real, and they will not be stopped once it begins. A good number of banksters deserve it too.