Quote:
Originally Posted by RummyBoy
Yes, which is why I think they would need a major crisis to get global co-ordination but of course they may find other ways around this. Still, I very much doubt there will be any physical paper money in the system 20 yrs from now.
Governments always want more control and banning cash does exactly that. If confident collapses, how can there be a run on any bank if there is no physical cash? Only option would be to buy physical goods, all of which would be traceable of you can only do so through electronic means.
The Secret Meeting in London to End Cash | Armstrong Economics |
there are like 2 billion people on this planet who rely on cash alone...they will never have access to banks...the grey economy is the worlds largest welfare program...no discussion about this...kill off the grey economy and you leave billions without a means to provide for themselves...
its a poorly thought out plan, just another form of taxing everybody with the transaction fees, and will crash and burn because politicians want their bribes
