“Trickle-Down Poverty” – The Coming Cashless Society Is Making People Desperate
adUnit = document.getElementById("google-ads-fhJU");
google_ad_client = "ca-pub-1897954795849722";
adUnit = document.getElementById("google-ads-fhJU");
adWidth = adUnit.offsetWidth;
if ( adWidth >= 999999 ) {
/* GETTING THE FIRST IF OUT OF THE WAY */
} else {
google_ad_slot = "0";
adUnit.style.display = "none";
}
By Mac Slavo
Forget about tax policies and left-right politics with the coming era of Trump.
The real trend for the direction of the economy is in the rapidly-accelerating transition to a cashless society.
This vicious move by the top of the pyramid to eliminate physical currency is a drastic step towards the near-total control of society.
Already, plastic cards and electronic payments have taken over the trend of many point-of-sale purchases, not to mention the majority of online sales, which are now very significant.
However, cash remains a major part of spending, and an important part of the individual’s daily economic life.
Nonetheless, the cashless grid is setting in, and its consequences are coming down on society.
Sean of SGT Report talks with David on the dire repercussions of the cash-smackdown that is taking place within the U.S. and across the global economy.
They argue that the promise of electronic currency cutting down on crime, etc. is all just “smoke and mirrors” – and ultimately has nothing to do with reducing criminal activity and fraud, but rather with transferring wealth and power to the Deep State and the elite shareholders.
As things go increasingly cashless, the banking system not only gets a percentage of every transaction, but also has access to revealing information about everything you do, everywhere you spend money, everyone you exchange with, etc.
Banning cash if FOR the bankers. It is a closed system that only benefits privileged class, as David Smith argues in the video below.
Via SGTReport.com:
All the funds are put into the system, but very little flows back out … this is typical of the pyramidal structure of the system, and the basis of the flow of “trickle down poverty” – a drying up of the wealth and fluidity of the ordinary people.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1470694951173-5'); });
(deployads = window.deployads || ).push({});