« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

The Cashless Society Is Going to Backfire  

By: Zimbler0 in POPE IV | Recommend this post (2)
Fri, 12 Feb 16 6:40 AM | 96 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 03665 of 47202
Jump:
Jump to board:
Jump to msg. #

The Cashless Society Is Going to Backfire for the Establishment

http://www.thedailysheeple.com/the-cashless-society-is-going-to-backfire-for-the-establishment_042015

>>
However, these bankers really haven’t thought this through. They probably believe that a cashless society will work, because of success stories like Sweden, where four out of five purchases are done electronically. What they’re not taking into account, is that Sweden has a successful economy despite going cashless, not because of it. They have a cohesive society with low crime rates, good schools, and an excellent infrastructure. They would have been successful either way.

But if they try going cashless in some basket case nation, they’re in for a rude awakening. I can already tell you what would happen in America. Unlike Sweden, it’s not going to stifle the black market, which is the biggest reason why governments want to go cashless.

It’s going to strengthen it.

The black market in the United States is a multibillion dollar economy. It’s been estimated that our black market may comprise at least 10 percent of our GDP. That’s a force to be reckoned with. That’s larger than the economies of most nations and corporations, and it consists of everything from drug cartels to babysitters. Do they really think that this powerful force will stand idly by as their wealth is forced into the light of day by an edict?

>>


(Article begins before this snippet, and ends after this snippet. Zim.)





Avatar

Mad Poet Strikes Again.




» You can also:
« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next