MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘War on Cash’

EconomicPolicyJournal.com: Citibank Expands the War On Cash

Posted by M. C. Fox on November 7, 2018

Like the idea of a cashless society?

Like having the government, IRS, your insurance company, cops, monitor and make judgments made on you through your spending habits? Do you use plastic at the state wine and spirits store?

Like being forced to pay for a bank account because how else can you store digital “money”? That is the negative interest you may have heard about. You pay them for the privilege of holding your “money”.

Like having your funds shutoff with the flick of a switch if you do something that offends some faceless, flunky bureaucrat?

Cash is king. Don’t be one of the sheeple.

http://www.economicpolicyjournal.com/2018/11/citibank-expands-war-on-cash.html#more

Here is more evidence that the bankster operation, Citibank, is more in cahoots with government than providing service to its customers.

Read the rest of this entry »

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Call Kurtis: Safe Boxes May Not Be Safe After All

Posted by M. C. Fox on July 26, 2018

Banks are not your friend. Use a local bank, honesty is somewhat more likely.

Bank of America-One of the most crooked banks on the planet and most big banks are bent.

Entire boxes are missing! This is what you get for your tax supplied bank bailouts. It makes you wonder what else we don’t know about how banks handle your money.

NEVER use a bank box. The bank and most any government agency can have your access blocked at any time for any reason, including impending bank failure or a “terror” incident.  Many banks don’t allow cash in their boxes because of the war on cash. No firearms of course!

Limit/eliminate keeping any kind of savings and checking in a bank for the same reasons.

Buy a good fire proof safe and learn how to hide it well.

Call Kurtis: Safe Boxes May Not Be Safe After All

By Kurtis Ming

ORANGEVALE (CBS13) – A woman says her bank let her safe deposit box vanish. And she’s not the only one.

Susan Nomi says when she went to open her Bank of America safe deposit box of 16 years, the entire box was gone…

She says Bank of America can’t explain where her valuables went. Read the rest of this entry »

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EconomicPolicyJournal.com: CLAIM Major German Bank Just Refused To Hand Over Client’s Physical Gold

Posted by M. C. Fox on July 8, 2018

You don’t suppose they don’t have enough gold to cover deposits? Afraid of a run? Or just getting us used to being controlled?

I suspect this all part of the war on cash…along with not actually having the goods.

http://www.economicpolicyjournal.com/2018/07/claim-major-german-bank-just-refused-to.html
London whistleblower Andre Maguire told King World News that one of the largest banks in Germany just refused to return a client’s gold the bank was supposedly storing for the client.
Andrew Maguire: “Eric, over the last few months we have been observing Swiss and German banks enforcing cash and gold withdrawal limits for clients. Currently, Swiss banks are capping client cash withdrawals to between 100,000 – 200,000 euros.

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Australia Bans Cash Payments over $10,000 AUD

Posted by M. C. Fox on May 22, 2018

My but that is a big credit card! The better to track you with my dear!

The war on cash.

http://truthinmedia.com/australia-bans-cash-payments/

By

TIMP Staff

…Dash Force News talked about Australia’s cash ban plan with Naomi Brockwell, the famous cryptocurrency commentator who happens to hail from Australia. When she first heard of the ban, she was initially taken aback, but not completely surprised.

“The cash ban seems shockingly Orwellian, but not entirely unexpected. The government purports to be protecting us from malicious actors, but the result will be just more government overreach where our actions are further tracked and controlled. The government is forcing us to use the existing financial system whether we want to or not: a system that has failed over and over to protect our privacy.” Read the rest of this entry »

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Silicon Valley Joins War on Cash – LewRockwell

Posted by M. C. Fox on February 28, 2018

  • Savers could no longer have the individual freedom to store wealth “outside” of the system.
  • Eliminating cash makes negative interest rates (NIRP) a feasible option for policymakers.
  • A cashless society also means all savers would be “on the hook” for bank bail-in scenarios.

https://www.lewrockwell.com/2018/02/tyler-durden/silicon-valley-joins-war-on-cash-tim-cook-seeks-elimination-of-money

Apple CEO Tim Cook has one big hope for the future – that he lives to see the end of money.

Speaking at a meeting for Apple shareholders in Cupertino, California earlier this month, Cook made it clear that he is firmly on the side of the war-on-cash establishment.

“Because why would you have this stuff! Why go through all the expense of printing this stuff and then some people steal it, and you’ve got to worry about counterfeits and all these things,” he continued.

As Apple’s CEO talked about the downsides of cash, BI reported that he became more animated, revealing his real passion about the topic… Read the rest of this entry »

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An Escalating War on Cash

Posted by M. C. Fox on February 26, 2016

https://www.lewrockwell.com/2016/02/no_author/escalating-war-cash/

An Escalating War on Cash

On February 16th, The Washington Post printed the article, “It’s time to kill the $100 bill.” This came on the heels of a CNNMoney item, the day before, entitled “Death of the 500 euro bill getting closer.” The former cited a recent Harvard Kennedy School working paper, No. 52 by Senior Fellow Peter Sands, concluding that the abolition of high denomination notes would help deter “tax evasion, financial crime, terrorist finance, and corruption.” In recent days, former Treasury Secretary Larry Summers, ECB President Mario Draghi, and even the editorial board of the New York Times came out in support of the elimination of large currency notes. Apart from the question as to why these calls are being raised now with such frequency, the larger issue is whether these moves are actually needed or if they merely a subterfuge for more complex economic manipulations by central banks to extend control over private wealth. Read the rest of this entry »

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