cashless society

The Death of Cash is Coming

Governments are always looking out for themselves first, and it’s the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it’s about $4,000 in any cash transaction. In France you cannot use more than, I think it’s a €1,000,”said Rogers in an interview with MacroVoices Podcast.

We’ve blogged on this topic before, but this issue is ready to boil over at any moment. And the scary part is that one day you will have cash, and the next day you won’t. It may happen overnight, literally! This is a scary thing because our financial privacy is at stake here. No one wants every transaction they make to be tracked and taxed. But thats what the governments of the world are trying to achieve. Total control.

Read more: https://www.rt.com/business/377307-jim-rogers-currency-control-cash/

Our blog: https://privacyliving.com/2016/12/03/the-cash-genocide-has-started/

no-cash-accepted

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Austrian Constitutional Right To Pay Cash

Check out the latest privacy issue regarding cash in Arnold Schwarzenegger’s home country of Austria. What a novel idea!

“Austrians should have the constitutional right to use cash to protect their privacy, Deputy Economy Minister Harald Mahrer said, as the European Union considers curbing the use of banknotes and coins.

“We don’t want someone to be able to track digitally what we buy, eat and drink, what books we read and what movies we watch,” Mahrer said on Austrian public radio station Oe1. “We will fight everywhere against rules” including caps on cash purchases, he said.” – Bloomberg News

cash moneyNo one should ever think it’s okay to allow themselves to be tracked, monitored or spied upon. Freedom to communicate, share and congregate are inalienable rights which were enshrined in our Bill of Rights by our Forefathers here in the USA.

An interesting side note: It should also be noted that the Austrian School of Economics was founded in 1871. Many of it’s ideas which fly in the face of the modern Keynesian ideas of spend and borrow the way out of debt and economic crisis are still alive and well in the Libertarian mind. Liberty and Freedom live!

It’s sad to say, but ideas that once were exclusive to the US, such as freedom and liberty, now flourish in a bigger way in burgeoning countries across the world.

Austrian Right To Pay Cash:

http://www.bloomberg.com/news/articles/2016-02-12/austrians-need-constitutional-right-to-pay-in-cash-mahrer-says