APRIL 7, 2017

By Rory Hall

"Step one – The de-cashing process could build on the initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders.

Strip out, for example, the $100 bill from the U.S. economy. This would eliminate more than half the cash value in circulation with one stroke of the draconian pen.

Next, as France and Spain have already done, and most of the European Union have cash transaction limits – set a limit, for example, transactions larger than$1,000 must be made using electronic means or have a bank involved at some level, e.g. cashier’s check so their is a record of the transaction for tax and tracking purposes. The good news is, Germany attempted to set a $5,000 euro cash transaction limit and the people revolted.

Finally, make it almost impossible to get cash out of your country and into another. In the U.S. you are required to declare more than $10,000 cash moving across the border and my guess is this suffer a substantial cut.

Another handy tool the criminals are planning on using is to have, for example, “big-box stores” to simply no longer accept cash “for your safety” of course. By implementing this type of policy change the government is not seen as the ‘bad guy’ but a much more friendly “retail outlet” looking out for your safety and the safety of their employees. One question – when was the last time an armed robbery occurred at any big box store worldwide? Criminals are not so stupid as to attempt to rob a big-box store due to the sheer volume of cameras on the grounds and inside the stores." Quote from Activist Post:

http://www.activistpost.com/2017/04/imf-de-cashing-soft-selling-fin...