dailyimpact | For a couple of years now the Masters
of the Universe have been massing their armored laptops on the borders
of insanity to conduct a blitzkrieg
against physical cash, to wipe every vestige of paper money and coinage
from the face of the earth. Mutterings about the offensive began, as
far as I know, six months or so ago on the financial-conspiracy and
-contrarian websites. And now Lo! and Behold! the Plastic Curtain is on
the verge of falling over two whole countries, Sweden and Denmark.
And the softening-up process, the preliminary bombardments of explosive
factoids, and the eruption of fifth columns, is well under way around
the world.
Large banks such as J.P. Morgan Chase have told their customers they may not keep cash is deposit boxes
(can’t wait to see how they’re going to enforce that). Public
transportation companies in London, Sweden and Denmark will not accept
cash, only cards activated by computer or cell phone (things that poor
people, who disproportionately rely on public transportation,
disproportionately lack). The amount of cash that we can withdraw
without invoking scrutiny from the Authorities, legally $10,000, is steadily being ratcheted downward.
A brief, unauthorized biography of money will show us that we should have seen the War on Cash coming.
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