David Haggith: The Economy is Failing All Over The World

Thursday, February 18, 2016
By Paul Martin

By: Rory, The Daily Coin
Thursday, 18 February 2016

I love the credit card commercials on TeeVee and how they talk about “cash back”, “cash bonus”, “cash this” and “cash that” – “what’s in your wallet?” We are being trained to believe that a piece of plastic is “money”. Gold is money and everything else is credit. Paper “dollars” is a representation of money and credit/debit cards are an illusion of money. What happens to our lives, our human rights, if cash is outlawed?

As George Carlin says, “No body seems to notice, no body seems to care.” That, unfortunately, is a fact. When you have football games, hockey games, baseball games, basketball games, endless hours of TeeVee to watch, how could a person be expected to follow some trivial item like the government banning cash?

Totalitarian creep is moving into hyperdrive. Almost on a daily basis we see another article in mainstream media about a “cashless society”. If you follow the Liberty Movement and/or alternative press then you are aware the drums for a cashless society are beating louder and louder every day.

What does it mean to the average person on the street to live in a cashless society, where all commerce is conducted electronically? One of the more horrific aspects is that if you step out of line and you have a legal issue, say a traffic ticket, then your account could be seized, drained of all it current resources and you are left with nothing until your account is replenished in a few days or a few weeks.

How often does your current employer issue a bank draft/direct deposit to pay you? If you work for a large company then you are being trained to live in a cashless society. Most of the larger companies will not issue a hard check or pay you in cash – bank draft/direct deposit only. Say you don’t have a bank account? Well, then you had better get one, otherwise, you have two choices: work for free or find somewhere else to work and since, by law, you are not allowed to work for free, you have only one option.

What about interest on your checking and savings account? What about fees for transactions that are currently being paid by the seller? In most cases those fees are passed along to the buyer but in a cashless society you no longer have a choice in paying those fees or not. Yeah, it’s only 1.5-3% of the purchase price, but if you would rather not pay that fee you are out of luck. What about freedom of choice? What if you don’t want to purchase “X” car but prefer “Y” car? What if the transaction fees were used in a way that made you think twice about the car you actually want versus the car the government wants you to buy? Now what?

You know, the government can steer what you’re going to spend your money on by saying some things we’ll charge you bigger transaction fees. It just gives endless ways to manipulate the economy down the road. Because you don’t have the option of saying “You know what, I don’t like any of this so I’m taking my money out of the bank.” You can’t because there’s no cash. – David Haggith

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