Move toward Cashless Society

The central planners would love to move the population to a cashless society where they can fully control each and every individual.  Another benefit is that the banks can assess a transaction fee which ultimately functions as a usage tax… just like credit cards.  The current abuse of cash-based transactions is such a small percentage of the total Gross Domestic Product, there is no true economic reason for it.  If they really wanted to do something to minimize lawlessness, they could spend more time and energy on illegal market rigging by the large players.  They only fine them a small percentage of the profit made on such illegal activities that the fines are simply the “cost of doing business” and are probably now projected and budgeted.

Bankers don’t go to jail whereas shoplifters do.  The scales of justice need some adjustment.

 

See:  http://www.silverdoctors.com/breaking-martin-armstrong-reports-on-a-secret-banker-meeting-in-london-to-ban-cash/

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