How many of us can remember a time when a depositor could
make 8% interest on his or her money, and, as a bonus, receive a set of
dishes; pots and pans or 'green' stamps [redeemable for household items]
as a thank you from their chosen bank for doing business with them? It seems like a dream, now.
Then along came a third rate actor, short on brains, easily manipulated, totally corrupted and delusionally rabid in his twisted paranoia of anything he regarded as 'socialist'. [Translation: I'm rich, so the rest of you can f***off, starve and die.] The puppet with the fist of big business and the wealthy up his anus, did such a great job, that Ronald Reagan should earn the title of 'Godfather of American Fascism.' The societal and financial damage this disease reeked upon the US citizenry continues to decimate our country, today.
Reagan, with his deregulation of our banking system, paved the way for unprecedented greed and thievery by our monetary institutions, leaving us wide open for victimization. It was no mistake. This was a well conceived plan to undermine and destroy all but the elite -- a conversion to the slavery of totalitarianism for the rest of us. And a war we continue to lose.
The last bastion of personal power is poised to be ripped from the hands of the people by the same abusive forces which have been incrementally enslaving us with their predatory practices for years.
An ounce of common sense should lead one to believe that things will get catastrophically worse when we are forced to give up total control of our money to a fascist system, which is already abusing and bleeding us dry.
Here's what we can expect, based on the current practices of our government/corporations:
~ A cashless system is completely vulnerable to chaos and destruction by hackers.
~ Our "money" will be used against us; to control and punish us based on our political affiliations, religious beliefs [or lack thereof] and societal associations. Asset forfeitures from our digital accounts will skyrocket due to such bogus excuses as 'terrorist' ties. A nebulous term which changes constantly based on the self-serving propaganda the government decides to dispense; predicated on whatever nefarious goal it has in mind at the time.
~ Total control of every aspect of our lives is the end goal of a cashless society.
~ Our computerized bank accounts will be hacked, manipulated, drained and/or deleted based on any number of excuses/criteria that the government/corporations see fit to impose.
~ Corporations/government will use their control over bank accounts to reduce employee wages; social security benefits; deny overtime and create a punitive system which will siphon-off, redirect profits to themselves and deplete citizens' accounts. Total subservience to the state and making survival impossible is the goal.
First we must understand that there will be no warning when such a systemic coup is implemented. The government is not going to give the public much time to think, or the ability to strategize or revolt. It is up to us to prepare AHEAD.
Consider the following:
~ Start withdrawing your money, incrementally [under $10,000 at a time], from the banking system. It will be up to you to decide where it can be placed safely and with the ability to access it conveniently. Choose multiple locations to reduce the risks involved with having it outside of the bank. While our coins and paper money may become worthless overnight, at least they won't be frozen and vulnerable to evaporation or forfeiture. This can give us an edge in formulating a plan.