In a deflationary spiral, where the money supply is crashing, very little money is in circulation and prices are consequently falling almost across the board, possessing purchasing power provides for the freedom to pursue opportunities as they present themselves, and to avoid being backed into a corner. The purchasing power of cash increases during deflation, even as electronic purchasing power evaporates. Hence cash represents freedom of action at a time when that will be the rarest of ‘commodities’.
Governments greatly dislike cash, and increasingly treat its use, or the desire to hold it, especially in large denominations, with great :
Cash is largely anonymous, untraceable and uncontrollable, hence it makes central authorities, in a system increasingly requiring total buy-in in order to function, extremely uncomfortable. They regard there being no legitimate reason to own more than a small amount of it in physical form, as its ownership or use raises the spectre of tax evasion or other :
The greater the public’s desire to hold cash to protect themselves, the greater will be the incentive for central banks and governments to restrict its availability, reduce its value or perhaps eliminate it altogether in favour of electronic-only payment systems. In addition to commercial banks already complicating the process of making withdrawals, central banks are actively considering, as a first step, mechanisms to , so as to make the escape route appear less attractive:
In some states almost anything, no matter how small, can be purchased electronically. Everything down to, and including, a cup of coffee from a roadside stall can be purchased in New Zealand with an EFTPOS (debit) card, hence relatively few people carry cash. In Scandinavian countries, there are typically :
Ironically, cashlessness is also becoming entrenched in some African countries. One might think that electronic payments would not be possible in poor and unstable subsistence societies, but mobile phones are actually very common in such places, and means for electronic payments are rapidly
If we cannot trust the FBI to enforce the law, and we cannot, America is now characterized by one of the two facts defining a banana republic.
The main stream media is all in on it.
The hide her obvious health issues. They ask her softball questions like “how was your labor day weekend?”…that is when they can actually get an audience in front of the recluse candidate.
Numbers never lie, and the recent polling numbers (tweak them as much as you want), show Trump surging, and Hillary imploding.
Plan B time.
When Donald Trump wins the US Election, the Russian hacker narrative will be disseminated on to the dumbed down, conditioned public. Media, internet, social…full on distribution. The title is already in place…
The NSA, FBI, CIA begin investigations into the possible hack as disclosed by unnamed sources. The Justice Department, under the always reliable Loretta Elizabeth Lynch, certifies all findings from the investigation.