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Towards the cashless society

Towards the cashless society

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From Hal Turner UH OH! BANKS IN AUSTRALIA ANNOUNCE WITHDRAWAL LIMITS From August 20th 2023 Westpac Bank Australia customers will be prohibited from withdrawing more than $1000 from their accounts per day. Other Banks will follow. Access to your own cash . . . . SEVERELY LIMITED. Still think Banking troubles are about a computer Virus? Then, there’s THIS: I think it would be worth it to mention who the majority owners are of all banks in Australia. Blackrock Vanguard…

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No more than 2.5% of all money in circulation is cash

No more than 2.5% of all money in circulation is cash

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There was some excellent commentary yesterday that I recommend. They revealed that  total amount of money in circulation  in the USA IS $20 TRILLION The total amount of physical money in circulation is 53 BILLION I did the calculations and that represents 2.65% of all the money in circulation More money has been created in the last 3 years than during the entire US history Before Nixon got rid of the gold standard that figure would have been 100% The…

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This is very important!

This is very important!

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From an infrequent visit to a bank branch I get the distinct impression that banking as we have traditionally known it is gone and the banks are preparing to introduce the cashless society. Our large local branch has already closed ‘temporarily’ ‘because of COVID’  I Can’t Believe The BANK FROZE My Accounts! Neil McCoy-Ward

Cashless society in New Zealand – here we come!

Cashless society in New Zealand – here we come!

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This came as a comment on Facebook I don’t know if any of you are aware about this. In November last year parliament gave only 72 hours to put in a submission about moving to central digital banking and a cashless society. I put in a submission against it. I received confirmation that my submission had been received and I have heard no further outcome. I went into Kiwibank before Christmas to open up a bank account for my young…

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Australian supermarkets introduce QR codes for payment

Australian supermarkets introduce QR codes for payment

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The food supply (Coles, Woolworths) and the Big 4 Banks here in Australia now want you to pay for everything via a QR code based system … What does this mean ? I’ll tell you what it means … THIS is how they are going to stitch your cash supply to your covid vaccine passport status, if you are not vaccinated, you will have no access to your cash or food .. soon, everyone will be cashless, and have a…

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The cashless society for Britain?

The cashless society for Britain?

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The Britcoin revolution! Rishi Sunak plans to introduce official digital currency to rival cash in ‘biggest upheaval in the monetary system for centuries’ Bank of England would establish a direct digital equivalent to physical money Supporters say the move will give the economy a boost during a financial crisis  Could slash cost and time it takes to make payments online and transfer money Daily Mail, 25 July, 2021   Cash in people’s pockets would be superseded by a new ‘Britcoin’…

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