From the creators of the video below:
What is this war on cash? In this episode of On Target, John W. Whitehead discusses the government’s concerted campaign to do away with large bills such as $20s, $50s, $100s and shift consumers towards a digital mode of commerce—one that can easily be monitored, tracked, tabulated, mined for data, hacked, hijacked and confiscated when convenient. Copyright © 2016 The Rutherford Institute
Another aspect about this cashless society that is not covered in the video is the elephant in the room: the un-reality of money all together. Even today there is nothing real about money – today’s currency is, by-and-large, simply digits in a data base. While individuals produce real products through real labor they are paid via non-material means. When they use credit, backed up by their real assets – homes, vehicles, incomes, etc. – they are charged interest for funds which are simply digits in a database. In the U.S., when politicians scream about the deficit, they are screaming about interest owed on monies borrowed from a private consortium of banks (the Fed) which create that money out of thin air, again, with nothing to back it up. The ‘Federal Reserve’ is left completely unaccountable to anyone – most appallingly by the Federal government of the United States, the so-called ‘representatives of the people’. When individuals and/or groups demand an audit of the Fed – a reasonable request after all – those individuals and/or groups are publicly vilified and ridiculed by the press and in the mainstream media.