War on Cash Intensifies

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Zero Hedge: “The government, media, banks, and even academia have formed a single, unified chorus to push this idea out to consumers that “cashless” is good for everyone.

And it’s happening across the planet, from Australia to India to Europe to North America.

They’re partially right.”

Opinion: The sales pitch:

  • Paper money is expensive to print
  • Paper money requires security
  • Paper money is good for banks as deposits would rise
  • Paper money is good for governments because all savings would be in the banking system
  • Government will have full regulatory control over the banks
  • Eliminating paper money would end the drug trade, illegal arms sales, prostitution etc.

The one pitch we will never hear from either the media or government:

Eliminating paper money is the only way a future dictator will be able to control buying and selling (Revelation 13:16-17).

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