One thing that would tip the scales heavily in favor of the collectivists would be victory in the War on Cash. Their goal is to eliminate the use of hand-to-hand currency, so that governments can document, control, and tax everything.
It’s exactly like what Ron Paul said: “The cashless society is the IRS’s dream: total knowledge of, and control over, the finances of every single American.”
https://www.lewrockwell.com/2015/04/no_author/the-totalitarian-war-on-cash/
Normally about this time I’d say “never happen in my lifetime” but I never thought I’d see people be required to purchase a service or be fined.
Negative interest? Really?
Think about it…You do something the Gov’t doesn’t like, a couple keystrokes later and poof, your bank account now reads $00000. and there’s not a damn thing you can do about it…(and of course, the Gov’t will pull a Sgt. Shultz on you… We know nothing!) The Banksters, and Corporate Fascist are pushing this. Already J.P. Morgan(If I remember the article I read on this) has sent a letter around to their customers stating that they cannot store cash, coins (unless they have collector value) in their safe-deposit boxes… So, unless there’s a major push-back, this is gonna get shoved down our throats… More “hope and change”
Just one of the many TTPs that Socialist want to use to control us.
No guns, for the obvious reasons.
They want us all living in cities, they make it seem nice by saying it is sustainable. What is does is provide total control by eliminating land ownership. The govt. would control everything you need to live; fuel, shelter, food, schools, and transportation.
The no winners, anti-male, victim society.
No cash, then the banks and governments have direct control over our money.
Talked about it here a long time ago. Got tired of the censorship, semantic games, ignorance & indolence. I won’t reply for the obvious reason’s regarding the Assclown’s…
The smupidty & smupid Hipster attitude not an option for me. It’s a Technocracy & new Economic World Order the BORG wants based on Energy as a metric vs. Industrialized traditional model & a MULTILATERIALISM SDR structure. Crunch time Sept. / October when US has to comment to a currency to the IMF / BIS / AIIB / NDB etc. with their plans for a new currency or not. They want digital to leap frog into tracking all citizens for their Technocracy plans.
The War on Cash is spreading…
http://thecrux.com/warning-the-war-on-cash-is-spreading/
So who wins?
The jihadis streaming in or the socialists from within?
Country boy can survive has a lot of truth to it.
Nothing new. At various points in time banks have had “holding fees” for deposit accounts. Same thing different name…
It might be advisable today to start taking your cash out of a savings acct (slowly…of course) and placing it in a safe deposit box.
Not as easy for you to access quickly but also not on an electronic record by a big bank as to exactly what you have, either.
With what we saw happen in Greece and Cyprus with runs on the bank…having your money in a safe deposit box also has other more obvious advantages.
Besides…it is not as if your cash is earning a damn thing in interest in a bank savings acct or even a money market account these days. The security of the cash outweighs what little interest you might be earning.
…any thought on doing this?
Negative on the safe deposit boxes in banks for the time being & coming.
Any run on the banks is likely to be coupled with massive inflation. In addition, most people’s liquid savings is a very small fraction of their total wealth (if they are playing their cards right). The real accounts that matter are IRAs, 401k, mutual funds, property, etc.
This. It’s why diversity is great. Invest in guns, precious metals(different types), ammo, 401k, stocks, land, and have some savings. No matter what happens, you’ll have something of value.
Been going on for several months now in some Eurozone countries.
If things go sideways, you may not be able to access deposit boxes.
In those times, if you don’t have something in your possession, you don’t have it.
Besides, piles of paper Fiat aren’t useful unless you can actually use them to buy useful items.
But everyone keeps telling me all the guns, ammo, long term food/water, gold and silver I’ve bought over the years is stupid and I’m crazy for it…
It’s pretty obvious that there are people out there that want and are actively seeking total control of everything in our lives.
If you haven’t noticed and you’re not doing something to stop it and insulate/protect yourself; you need to get your head out of the sand and into the game.
Speaking of which.
Gold is down again.
Stock up while you can.
The End-Game is Gold, for sure.
But at the current Gold/Silver ratio, silver is getting my money right now.
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I agree that gold / silver may be the best bet. What if an executive order like Roosevelt’s in 1933, EO 6102? What would stop them from doing that again?
With this administration? Not a damn thing.
People wih guns