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Archive: https://archive.ph/W1919#selection-1145.561-1289.14

The Globalists want to control what you spend your money on too. https://youtu.be/9FM4Fu2ujDE?t=13

Archive: https://archive.ph/W1919#selection-1145.561-1289.14 The Globalists want to control what you spend your money on too. https://youtu.be/9FM4Fu2ujDE?t=13

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Trying to prevent a bank run I guess is their explanation. Total control is the goal.

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https://mises.org/library/what-has-government-done-our-money/html/p/86

In the United States, mass suspension of specie payment in times of bank troubles became almost a tradition. It started in the War of 1812. Most of the country's banks were located in New England, a section unsympathetic to America's entry into the war. These banks refused to lend for war purposes, and so the government borrowed from new banks in the other states. These banks issued new paper money to make the loans. The inflation was so great that calls for redemption flooded into the new banks, especially from the conservative nonexpanding banks of New England, where the government spent most of its money on war goods. As a result, there was a mass "suspension" in 1814, lasting for over two years (well beyond the end of the war); during that time, banks sprouted up, issuing notes with no need to redeem in gold or silver.

This suspension set a precedent for succeeding economic crises; 1819, 1837, 1857, and so forth. As a result of this tradition, the banks realized that they need have no fear of bankruptcy after an inflation, and this, of course, stimulated inflation and "wildcat banking." Those writers who point to nineteenth century America as a horrid example of "free banking," fail to realize the importance of this clear dereliction of duty by the states in every financial crisis.

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Looks like they're trying to play the part of a benevolent government. "It's for your own good".

All of the (legal) exchanges operating in the U.S. have to report all transactions to the government already. This will make it much easier for the government to require all of the people holding alternative currencies to exchange them for the new digital currency.

The new digital currency will be to the dollar standard what the federal reserve note was to the gold standard.

Those who voluntarily buy in first and government secured corporations (who will be gifted private initial offerings to accept the new currency as payment) will benefit at a net loss to everyone else.

The holdouts will be accused of squandering assets and making their fellow countrymen suffer.

That's a partial picture of a possible future.

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I was thinking about the Australian ATM thing the other day as I'm from there.

Anecdotally, I've not noticed any less ATM's. What I HAVE noticed is that the big bank ATM's go and are replaced by independent 3rd parties; you know, the ones that charge a few extra bucks per transaction.

The stats show that non-bank owned ATM's are increasing. I suggest they're just replacing the bank ATM's and splitting the fee with them as a way to extract more money from the peasants. Would be unsurprising if the banks secretly own a lot of those 3rd party ATM suppliers.