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Re: Spain Bans Cash

By: killthecat in ROUND | Recommend this post (0)
Mon, 23 Apr 12 4:57 PM | 84 view(s)
Boardmark this board | De's Test Board 		Msg. 40672 of 45651
(This msg. is a reply to 40671 by Decomposed)
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http://www.nytimes.com/2011/01/21/business/global/21fraud.html

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The above is a reply to the following message:
Re: Spain Bans Cash
By: Decomposed in ROUND
Mon, 23 Apr 12 4:04 PM 		Msg. 40671 of 45651

re: "Why? So they can track the transactions and make sure that people and business are paying taxes"

Exactly. But also, ultimately, so they can BLOCK transactions. Don't you dare become an enemy of the state or the state will flip a switch and shut off your money.

re: "they are now banning all large cash business transactions."

That's a joke. 2,500 euros is a far cry from being a large business transaction.

Civiliians and businesses should rebel against this by CEASING their "large business transactions." Believe me, politicians would quickly retract it.

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