Via Capt. William E Simpson of WesternJournalism.com,
Like many people, I am a careful person when it comes to digital commerce, yet nonetheless I had two of my credit cards hacked (twice in the last four years) - one time by a supposedly reliable online retail company, another time when I rented a trailer. And both times, it required an incredible amount of time, police reports, phone calls, etc., just to get back to square one and get my money back.
But my experience was not unusual. Nearly 18 million Americans suffered from some form of identity theft in 2014 alone.
Digital commerce and credit cards are very problematic and are not the panacea that companies and the government want the public to believe.
Looking to a future in which governments abolish cash in useful denominations, it follows that they will then focus on eliminating personal and commercial commerce through the use of compact high-value commodities such as gold and silver, a natural progression if $100 bills are taken out of circulation in the United States.
People today who are living in the legacy of the Barack Obama economy already need a fistful of $20 bills just to buy a week's supply of groceries. And it's easy to spend $400 a week on fresh groceries for two people, especially if you buy premium products and organic.
If we consider the increasing trend where banks, institutions and big retailers are regularly hacked, combined with identity theft, digital commerce and credit cards aren't all they're cracked up to be, and in reality are posing an ever-increasing level of liability on all levels through their use.
The relatively few people who may ultimately control all of the digital wealth of Americans will virtually have control of all the people in a cashless society. This results in a definite loss of freedom and liberty.
There are many, many other ways for law enforcement to hammer criminals and curtail their enterprises, if that is truly the goal. But any method that inhibits or erodes the freedoms of Americans in any way, including limiting or infringing upon person-to-person commerce and personal privacy in any manner, is to be shunned and runs counter to the intents and spirit of our beloved U.S. Constitution.
Digital currency transactions in lieu of cash would allow virtually 100 percent tracking of all Americans, including law-abiding citizens and all that we do.
We have already learned over the past eight years of the Obama-led government that governments don't necessarily work for or even represent the will of the people. So how can anyone justify giving the government this much power over Americans? There is no such justification.
The vast majority of Americans are not criminals, and therefore any action by government that affects or targets the vast majority of people in order to deal with a small factional percentage of criminals in the population is manifestly unfair. Politicians simply need to do the jobs they are being paid to do, and come up with anti-criminal tactics that strictly focus upon the bad actors, not the majority of law-abiding Americans.
If the minds behind a cashless society are allowed to have their way, America would become little more a monumental ant farm, where the elitist class studies Americans to a much greater extent than ever before - how we move around and what we do, use, eat, watch and listen to - and then uses this deeply insightful personal information, potentially to plot how to control everyone. Things like if we're allowed to be born (abortions already control this to some extent), how long we get to live, and what we are allowed to do in between. Orwellian, yes, but possible nonetheless.
Brazil played around in past decades on many occasions with reissuing, devaluing and recalling currency to limit amounts in circulation. And the Marxists paid close attention to that exercise.
However, India's currency games are more immediate and could have a sinister effect, since it is already a socialist state and we know how fond socialists and communists are of controlling all aspects of their populations.
Here's a video that should be alarming.
Is India executing a plan similar to what may soon be in the works for Americans?
I have to say, it's looking like living in the countryside on a piece of land that provides sustainable sustenance and a firewall from a population that may recoil and strike out in anger sometime soon is the only viable path to surviving past what may be an ugly and austere future. Anyone who cares to look at the news these days will see riots, murders and unrest all around inside the United States, a result of numerous factors.
Even as much as many Americans admire and respect President Donald Trump, the Marxist-socialist momentum that has already metastasized in America might be too much for him and his team to overcome. Our new president definitely needs our continued strong support more than ever.
Smile and pray for the best, but adequately prepare for the worst.
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Half a world away at the World Economic Forum in Davos, Switzerland, Nobel Laureate economist Joseph Stiglitz made remarks earlier this week that the US should "get rid of currency." Physical cash means there is no one else standing between you and your savings. But Professor Stiglitz and his colleagues don't want that.Read More
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