Category Archives: War on Cash

BANKS SET TO GO CASHLESS GOING TO CRASH THE BOND MARKET:ONE OF THE MOST IMPORTANT HEADS UP FINANCIALLY, I HAVE EVER POSTED

I work IT at one of the highest technical positions in a major telecommunications firm .The only position higher than the one my colleagues or myself holds, is the CIO position.

We usually get info way before implementation. There is now a project going on in banks to implement block chain technology. This is very different from past reports as the previous reports were banks testing it out.

The testing is complete. Contractual discussions between banks and a big three letter company (helped to create the serial number generators for the Nazis) are underway. The details are more or less related to a typical service. But, still blockchain technology will be used to track people, their payments and enforce much higher taxes.

Personally, almost all of my assets are outside of the banking system. I work with banks daily and have hundreds of clients. So, obviously I have some experience to back up my decision.———–A second note about bank warnings.

1. ECB has put out recent warnings about the volatility in the forex and
bond markets. I believe this is a face saving move, so when big losses
come, they will say “we told you so”.

2. Working with Federal Reserve on a technical project. They are clueless,
have no plans, and make decisions that make no sense. Typically
organizations run from the top down, so, I wouldn’t be surprised if the
heads of the Fed are the same. Hard to say if they are malicious or just
brain dead. HERE ARE HIS RECOMMENDATIONS AS AN INSIDERS INSIDER
1 – Know that all your transactions can be tracked and are shared between governments.
2 – Gold & Silver are a must. I have used it to pay friends when I didn’t want transactions showing up on my bank account.
3 – I like bitcoin. I know some people think this was created by “the elite”, but why create bitcoin and leave it there while creating your own independent blockchain tech to back up fiat currency transactions? This tells me it is not elite controlled, at least, not completely. And, there is some anonymity there for privacy concerned people.
4 – Hold cash in small bills. Banks are moving towards a cashless society, no doubt. But, there is a major opinion that they do not want to do away with smaller denominations, at least anytime soon. The ECB has new banknote issuance into 2018 and they have the project teams to back up the news. I keep stacks of 5s, 10s, and 20s. From what we have seen in the recent past, it is always the large denominations that are banned overnight.

The rest of the methods I know about are either, illegal or make you look like a criminal. Some are legal, depending on where you set them up and where the moves are made. So, I’d suggest people look into:

1 – Foreign family trusts in nations that do not have a FATCA treaty but also have a stable legal and economic system. This must be done by a lawyer to be done legally and varies from person to person. But, you can use your trust as an intermediary for payments legally.
2 – Hold more assets outside of the banking system. Things that have lasted throughout history and are not always considered financial investments:
– Food & Farmland
– Fine wine (the kind of stuff that is less that 1% of the world’s supply and is rare), very illiquid but in most cases, not regulated by FIN law and not always subject to capital gains tax. Also, very speculative.
– Having a trade network on your own. Learning how to trade goods you can produce. This is how families survived the Soviet Union and the famines.

That is all I have, but, the only way to beat the blockchain technology is to not use it. That means both being outside of it’s system and doing low tech stuff from the past.

Mar 4, 2017

Source: Alerts

Cash No Longer King: Europe Moves To Begin Elimination Of Paper Money | Stillness in the Storm

(Shaun Bradley) In the shadow of Donald Trump’s spree of controversial actions, the European commission has quietly launched the next offensive in the war on cash. These unelected bureaucrats have boldly asserted their intention to crack down on paper transactions across the E.U. and solidify a trend that has been gaining momentum for years…

Source: Cash No Longer King: Europe Moves To Begin Elimination Of Paper Money | Stillness in the Storm

The Sinister Agenda Behind the Washington War On Cash – Prepare for Change

It’s kinda sneaking up on us like an East Texas copperhead pit viper. It began to get some wide attention in 2016, with prominent economists and financial media suddenly talking about the wonderful benefits of a “cashless society.”Then the government of Narenda Modi completely surprised his citizens by suddenly announcing withdrawal of larger denomination currency notes from circulation, forcing Indians to put their cash into banks or lose it.Now, everywhere we turn, it seems, someone is arguing the Nirvana benefits of a cashless, “digital” money world. It reminds me in an eerie way of a statement attributed to then US Secretary of State, Henry Kissinger in the 1970’s.

Source: The Sinister Agenda Behind the Washington War On Cash – Prepare for Change

Cashless Biometrics And India’s Demonetization Experiment » The Event Chronicle

Well, that didn’t take long.In the wake of India’s demonetization of the 500 and 1,000 rupee notes last November, I wrote an editorial (“Crisitunity in India’s Cash Crunch”) where I noted that one significant reason for the drastic move was the chance to rein in India’s sizable informal economy:

Source: Cashless Biometrics And India’s Demonetization Experiment » The Event Chronicle

Obama Issues Ominous Warning To Trump: “We Are Not Going Gently Into The Night”

 

What You Aren’t Being Told About The World You Live In

How The “Conspiracy Theory” Label Was Conceived To Derail The Truth Movement

How Covert American Agents Infiltrate the Internet to Manipulate, Deceive, and Destroy Reputations

 

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January 16, 2017

Obama Issues Ominous Warning To Trump: “We Are Not Going Gently Into The Night”

By: Sorcha Faal, and as reported to her Western Subscribers

A truly worrisome Ministry of Defense (MoD) report circulating in the Kremlin today is warning that the potential for an inadvertent escalation to total war between the Federation and the United States has been “exponentially increased” after the Obama regime this past week rushed hundreds of elite special forces troops from the Oklahoma Army National Guard’s 45th Infantry Brigade Combat Team to Ukraine, and thousands more US troops and military equipment to Poland, that now constitutes the largest military buildup on Russia’s Western Front since the June, 1941, German Nazi invasion of Russia during World War II—and whose exact purpose was starkly given to President-elect Donald Trump by President Obama through his (Obama’s) UN Ambassador Samantha Powers who ominously warned:  “We are not going gently into the night.”  [Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]

 

MoD analysts writing in this report state that their warning of the increasing total war risk between the Federation and the United States is, likewise, being echoed by many in America too—including the highly respected editorial director of Antiwar.com, Justin Raimondo—who this past week has warned of the foreign plot to oust President-elect Trump by the use of “fake news, and today is warning that the Obama regimes “decoupling of policymaking from the facts of reality not only increases the danger of war – it makes conflict virtually inevitable”.

Continue reading Obama Issues Ominous Warning To Trump: “We Are Not Going Gently Into The Night”

The Portal: Important Situation Update

Friday, January 13, 2017

Year 2017 will see much more presence of the Light on the surface of the planet than any of the previous years, as the presence of the non-physical Light particles from the Galactic Center has increased greatly. On the last day of 2016, there were many signs in the sky in the form of polar stratospheric clouds and other unusual cloud phenomena:
Some people have interpreted this increased Galactic Light as a sign of a possible Galactic Superwave (read: the Event) in 2017:
In the meantime, clearing of the Chimera Group continues. Recently, an infiltration of the Chimera Group within the rank of the Light Forces inside of this Solar system has been detected. The Chimera was even able to hijack one of the teleportation portals that was transporting captured Cabal members that were about to be taken to the Galactic Central Sun and these were siphoned off to a Chimera base in the Kuiper belt. This situation has already been resolved.

Continue reading The Portal: Important Situation Update

Simon Parkes – Current News Updates 12-31-2016

Loss Of Life Event New Years Day

Monday 2nd January 2016

I take no pleasure in noting that our warning of loss of life for New Year’s Day was right on target and I was right to go public with it.

My lasting regret was that I had no further info as to the location.

Our thoughts with all in Turkey

Friday 30th December 2016

Information given to me from remote viewers – potential loss of life event tomorrow – I normally only post when info verified by two independent sources – I don’t have time as the activity period is too short – and it would be irresponsible of me not to post this alert.

Daily Mail Newspaper

Saturday 31st December 2016

I have spoken with the journalist. He stands by the article that there will be riots. At last the establishment news are accepting the truth and finally telling the people.

Saturday 31st December 2016

Early editions of the British Daily Mail Newspaper – page 19 predicting a stock market crash! Could it be that the establishment news is now listening to what we are saying?

Start of Predicted Banking Collapse

Friday 30th December 2016

Start of predicted banking collapse as Germany announced It’s withdrawal of the 500 euro note and not allowing of any transactions above 5,000 euro in cash without written approval from government.

Source: Current News

“Financial Lockdown … ATMs Went Dry”: 3 Police States Banning Cash To Control The People — Stillness in the Storm

(Mac Slavo)

Is it any coincidence that the financial crises, and the subsequent restrictions, follow the general chaos and upheaval that surround hotspots and conflict zones?The European Union has once again been confronted with a major terror attack, and is coming down harsh on cash, gold and other valuables as a response. Due to its supposed…

via “Financial Lockdown … ATMs Went Dry”: 3 Police States Banning Cash To Control The People — Stillness in the Storm

The Global War on Cash – Lessons from History — naked capitalism

Introduction

Regular readers will be fully up to speed on the Reserve Bank of India’s botched attempt at a handbrake turn style demonetisation thanks to Jerri-Lynn Scofield’s thorough coverage (see here, here and here for more background on this sorry tale). But the Indian government’s attempt at implementing a strategy of moving an economy away from physical cash (notes and coins) is only the latest — although the most aggressive seen to date — in a global battle to make cash obsolete. What’s new in India is that users of the payment system are being made to demonetise by coercion. But in every major economy, physical cash is under siege.

In this article I will show how central banks, the commercial banks (especially the Too Big to Fails), governments and technology companies have been waging a war on cash for decades. Inspired by the seminal work of Langdon Winner, who made the bold claim that technology has politics, I will also argue that drive to “reform” and “modernise” the payments systems we use, with its incessant focus on technology, has camouflaged the disproportionate power of some of the agents seeking to force this change.

Before diving in to the historical examples, it is worth considering in the context of the payments systems we use what, exactly, is physical cash? Leaving aside the obvious stores-of-value and means-of-exchange descriptions — and looking at cash as a payments system — it has some unique and rather special characteristics. Firstly, as a service, it is free at the point of use. When I pay you in cash, neither of us incur a fee for my settling my account with you by handing over notes or coins. Secondly, while the provision of cash as a service definitely does have costs associated with providing that service to us, the cost of that service is progressive. To put that another way, if your liquid net worth is $10,000, then it costs you little or nothing to store that wealth in cash. If, however, your liquid net worth is $1,000,000,000, it costs you an awful lot to store that wealth in physical banknotes.

Continue reading The Global War on Cash – Lessons from History — naked capitalism

War on cash continues: Australia seeks to remove $100 note from circulation — The Event Chronicle

Australia looks set to follow in the footsteps of Venezuela and India by abolishing the country’s highest-denomination banknote in a bid to crack down on the “black economy”. Speaking to ABC radio on Wednesday, Revenue and Financial Services Minister Kelly O’Dwyer flagged a review of the $100 note and cash payments over certain limits as…

via War on cash continues: Australia seeks to remove $100 note from circulation — The Event Chronicle

International bankers push for cashless society — Intellihub

Will the U.S. become a cashless society? (INTELLIHUB) — There is no doubt that international banking agencies would love to implement what can only be described as a “cashless society,” one with no cash. In fact, beta tests are already underway which may ultimately lead to an Orwellian-style system which some have referred to as…

via International bankers push for cashless society — Intellihub

India Confiscates Gold, Even Jewelry, in Raids on Hidden Money — The Event Chronicle

Global financial repression picks up steam, led by India. After declaring large denomination notes illegal, India now targets gold. By Mike “Mish” Shedlock It’s not just gold bars or bullion. The government has raided houses, no questions asked, confiscating jewelry. For background to this article, please see my November 27 article Cash Chaos in India, 86%…

via India Confiscates Gold, Even Jewelry, in Raids on Hidden Money — The Event Chronicle

Globalist War Against Humanity: Cars, Cash, Literature and Independent News — All Targeted for Elimination — Humans Are Free

As witnessed recently by the Washington Post’s horrifyingly dishonest “journalism” naming 200 independent media websites as pawns of Russian President Vladimir Putin, the dying establishment media is desperately trying to establish a news monopoly by discrediting all competing indy news publishers.In doing so, the Washington Post (and its writer Timberg) just abandoned any last vestige…

via Globalist War Against Humanity: Cars, Cash, Literature and Independent News — All Targeted for Elimination — Humans Are Free

India: Millions Rise Up Against New World Order Ban On Cash — Your News Wire

Millions of protestors in India are rising up against a ruling class determined to take away their rights. There is anarchy in the streets as the Indian government continue to lean on mainstream media to suppress the scale of events and cover up the chaos caused by their draconian ban on cash. Millions of Indians – the…

via India: Millions Rise Up Against New World Order Ban On Cash — Your News Wire

Breaking News on the War on Cash: Now Spain — David Icke latest headlines

‘India, Uruguay, Australia and now Spain. The Minister of Finance and Public Service, Cristóbal Montoro has reportedly just announced “anticipated measures in order to ‘reduce the use of cash.’ In other words, Spain is going to make cash transactions even more difficult. As of presstime, from what we can tell, this has yet to be…

via Breaking News on the War on Cash: Now Spain — David Icke latest headlines

False Flag on Cash? — Problem, Reaction, Solution – How the Government Will Take Your Cash — Stillness in the Storm

Source – Waking Timesby Dylan Charles, November 23rd 2016“Every revolution needs a good crisis in order to germinate its seed. The cashless revolution is no different.” ~Patrick HenningsenDepending on who you ask, the idea of a cashless society is either a utopia of modern convenience or an Orwellian nightmare, but recent international events coupled with stories about ATM…

via False Flag on Cash? — Problem, Reaction, Solution – How the Government Will Take Your Cash — Stillness in the Storm

India’s War On Cash Is Forcing The Rich To Beg The Poor For Help — The Event Chronicle

By Amrit Dhillon Driver Rahul Sharma, 25, remembers the exact day when his employer turned from a wolf into a lamb. It was November 9 when his employer called him beta – Hindi for “dear” – for the first time. The maid was asked to give him a cup of tea, for the first time. “I was shocked at…

via India’s War On Cash Is Forcing The Rich To Beg The Poor For Help — The Event Chronicle

War On Cash Intensifies: Citibank To Stop Accepting Cash At Some Branches — Stillness in the Storm

Source – Activist Postby Simon Black, November 17th 2016Less than a week after India’s surprise move to scrap its highest denomination cash notes, another front in the War on Cash has intensified down under in Australia.Yesterday, banking giant UBS proposed that eliminating Australia’s $100 and $50 bills would be “good for the economy and good for…

via War On Cash Intensifies: Citibank To Stop Accepting Cash At Some Branches — Stillness in the Storm