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Government Corruption
We Are About To Witness A MAJOR Move Toward A Cashless Society
2022-12-15
[End of The American Dream] The war on cash has just gone to an entirely new level. When I heard that the European Union was planning to completely ban all cash transactions above 10,000 euros, I had a hard time believing it. There are so many wild rumors flying around on the Internet these days, and so I wasn’t going to write about this unless I could confirm it. Unfortunately, this particular rumor is quite real. Under the pretext of fighting "money laundering and terrorist financing", the European Union will be entirely outlawing all cash payments greater than 10,000 euros. The following comes from the official website of the Council of the European Union...
Posted by:Besoeker

#4  Considering the w/w decline in faith of the USD, it is only a matter of time.

As this cancer eats its way through, barter, and all it brings with it, will experience a resurgence.

Posted by: Anomalous Sources   2022-12-15 17:11  

#3  Cash transactions above 10,000 Euro. So drug dealers and Russian oligarchs cannot buy luxury cars, yachts and homes and must use approved laundering methods to get the swiss bankers their cut.
Posted by: ruprecht   2022-12-15 14:34  

#2  re warthog.

apart from bold ambitions, I still have to pay taxes in dollars.
Posted by: flash91   2022-12-15 10:00  

#1  Let the Balkanization of Amerika begin. One thing that usually holds a country together is a common currency. Forget the Euro. A currency cannot unite people of vastly different mindsets. One might be forgiven in assuming that the US is in just such a place currently. Not so much geographically as ideologically.

Banning a common currency that you can hold will fractionate the already cracking union. In my neck of the woods (Idaho) I could imagine that a useful form of barter might be used. No records, taxes or other control...wouldn't the Feds just love that....
Posted by: Warthog   2022-12-15 09:33  

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