The Cashless Society Almost Here And With Some Very Sinister Implications
Source: newdawnmagazine.com
Among the long list of items bundled by consensus reality merchants under the banner of ‘conspiracy theory’, is a world without cash – where technocrats rule over the populace, and everything and anything is exchanged via plastic and RFID chips.
In this sterile and controlled Orwellian hi-tech society, the idea of cash being passed from hand to hand would be as archaic as the thought of carrying around a rucksack of tally sticks today.
Still, despite the incredible penetration of credit and debit card transactions into economic aggregate, and the boom in internet shopping, few will comfortably admit that a cashless society is nearly upon us. In part, it’s a natural denial by many fuelled by the idea our society is indeed on a collision course with the sort of dystopic impersonal future like that depicted in the 1970s sci-fi film classic, Logan’s Run. Cashless money is here, and growing rapidly.
Over the years, futurists and commentators alike seemed to agree that a cashless society will be a slow creep, and would automatically phase itself in simply by virtue of the sheer volume of electronic transactions that gradually make cash less available and more costly to redeem, or exchange. This is still true for the most part. What few counted on, however, was how the final push would take place, and why. Some will be surprised by these new emerging mechanisms, and the political and sinister implications they ultimately lead to.
Introduction of Parallel Currencies
There has been a lot made about the ‘cashless society’ in media, but this cannot fully happen until there is a cashless currency.
Every revolution needs a good crisis in order to germinate its seed. The cashless revolution is no different. It should be abundantly clear by now that the global financial meltdown has been engineered at every juncture of its unfolding by the very private central banks who expand and contract the money supply. A Dollar or Euro collapse will trigger a global economic crisis, which is a prime opportunity to introduce the next phase.
In the summer of 2012, at the height of the European Central Bank (ECB) ritualistic raping of the Greek economy, financial expert Max Keiser, alongside Mexican billionaire Hugo Salinas Price, travelled to Athens to promote the idea of a silver Drachma as a parallel currency to the ever-failing Euro. In theory and in practice, this parallel currency was ‘sound money’ for individual Greeks and would allow them to retain some say in their financial destiny, and also allow them to accumulate real wealth. It should have caught on. But this great idea did not go down well with media moguls and technocratic elites loyal to their overlords in the ECB, Wall Street and the City of London. Still, too many people remain unaware of how money is created, enters into circulation, and how their private central banks control inflation, and Greece is no different.
The US Dollar is pure fiat [fiat money is money that derives its value from government regulation or law], but it does have a theoretical backer. It is an oil-backed currency – and for better or for worse, is on its way to losing its long-lived status as the world’s reserve currency. China is moving towards a gold-backed currency and has already agreed to buy the majority of its oil supply from Russia off of the US Dollar peg. This could mean two things: the US could be forced to fight a war to maintain Dollar supremacy, or the Dollar will begin to drop as the top dog. This shift will open up a window of opportunity for money masters to insert not only a brand new global currency, but also its universal cashless attributes as well.
Common sense and free market wisdom would expect to see a sound money option replace the current fiat disaster, but as we saw in Greece, a great solution was not taken up and straddled with the dysfunctional Euro, and that society will continue to pay the cost of that reality.
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Read the full article at: newdawnmagazine.com
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