Economy! The Mother of All Econ Bombs

1 year 1 month ago #369178 by mapoui

Cash is no longer king at many businesses in Philadelphia. The sound of credit cards swipes are drowning out the cha-ching of cash registers, reports CBS News correspondent David Begnaud.

"There's a lot of restaurants and other businesses that want to go cashless," said John Longstreet, president and CEO of the Pennsylvania Restaurant and Lodging Association. He said he sees an upside to going cashless.

"Because places that handle cash are less safe than those that don't have cash on hand. Everything is reported directly into the accounting system, taxes are paid. Whereas in a cash society, taxes aren't always paid," Longstreet added. "And consumers are getting used to it too. And they're asking for it."

Cash is not accepted at Bluestone Lane Coffee and the salad chain Sweetgreen, which together have six stores in Philadelphia. Nationwide, Dos Toros, Dig Inn, and Tender Greens now refuse paper money. Reportedly Milk Bar, Starbucks, Amazon, Walmart and Shake Shack have recently experimented with cashless stores.

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1 year 1 month ago - 1 year 1 month ago #369179 by mapoui
But this article is propaganda..calculated to make the problem one of availability of CC's which hides the real nasty potential in this development for the ordinary people of the world.

this nasty seemingly democratic oriented sentimen, expressed by Greenlee, supposedly designed to protect the peoples interest does not. it miss focus instead..deliberately

"I go in to get a cup of coffee, I can get it because I have a credit card, but the person behind me that doesn't have a credit card, is told they can't get a cup of coffee. Something doesn't seem right about that," Greenlee said.

According to the federal government, more than 14 million Americans don't have bank accounts, which makes getting credit cards very difficult.

A recent survey by the Pew Research Center found that 34 percent of blacks, 17 percent of Hispanics, and 29 percent of people earning less than $30,000 dollars rely on cash for all or almost all of their purchases.

Last edit: 1 year 1 month ago by mapoui.

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1 year 1 month ago #369180 by mapoui
a cashless economy, dependent only on computers contains and endlessly nasty potential for the people. where do I begin:

total social enslavement of the people. you can be imprisoned where
you stand, cant move save by walking, cant hide period, not even in yuh bed
total end of financial privacy obviously
the confiscation of all wealth in the society. those who own the computers..the Bankers.. own everything[/color. by the flick of a pc key all you have can be taken away
Banking..already milked by the Bankers by 'fractional reserve" banking now becomes a permanent and fixed rip off of the people. you go to work and you dont even know if you are getting paid
and the banks can do any dam thing they want..say they have any money they say they have. they can lend even more thin air as capital, cream off interest and principal endlessly.

like they have stolen the money of Iraq, of Libya, now of Venezuela they will be free to do that to all they people. they can steal all the time. in fact by cashless economy they actually come into ownership of everything in the society and have the police power to enforce it all

this like public meetings end..the people wont be able to congregate anywhere. how do you get to a meeting if you cant pay the transportation because your cards wont work?

how do you even drive your care for no doubt at all cars will be made to be started by some kind of car or digit that can be controlled from afar by computer keys. there would be at least five ways they would be able to immobilize your vehicle by computer from afar. or blow it up and kill you.

I imagine the sadists would take delight designing cars that can kill people in myriad and novel ways..with the mess of an explosion

oh man cashless society really opens up the door of hell for the people. I am really, really, really glad that given the fact that I have lived my time is ending as humanity descends into hell. I am worried about my children but they are near to forty. they have lived some too and so can walk away as well

and they surely have about 10 more years before the shit really takes shape and buries the global population in total enslavement]

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