{"id":18580,"date":"2016-03-07T13:40:30","date_gmt":"2016-03-07T18:40:30","guid":{"rendered":"http:\/\/olduvai.ca\/?p=18580"},"modified":"2016-03-07T13:40:54","modified_gmt":"2016-03-07T18:40:54","slug":"why-you-need-to-prepare-for-the-cashless-society","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=18580","title":{"rendered":"Why You Need to Prepare for the Cashless Society"},"content":{"rendered":"<h3><a href=\"http:\/\/readynutrition.com\/resources\/why-you-need-to-prepare-for-the-cashless-society_27022016\/\" target=\"_blank\">Why You Need to Prepare for the Cashless Society<\/a><\/h3>\n<p><a href=\"https:\/\/commons.wikimedia.org\/wiki\/File:1,5_und_10_Dollarnoten.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" size-full wp-image-39075 alignleft\" src=\"http:\/\/readynutrition.com\/wp-content\/uploads\/2016\/02\/cash-wikimedia.png\" alt=\"cash wikimedia\" width=\"300\" height=\"200\" \/><\/a>Earlier this month, the European Central Bank suggested that the\u00a0<a href=\"http:\/\/www.zerohedge.com\/news\/2016-02-15\/war-paper-currency-begins-ecb-votes-scrap-500-euro-bill\">500 Euro note needs to be eliminated<\/a>. Not long after, academics and policy makers in the US started to call for the\u00a0<a href=\"https:\/\/www.washingtonpost.com\/news\/wonk\/wp\/2016\/02\/16\/its-time-to-kill-the-100-bill\/\" target=\"_blank\">elimination of the $100 bill<\/a>. This isn\u2019t something that the average person really thinks about on a regular basis, or even cares about. The vast majority of our purchases are done through digital channels these days. Unless you\u2019re about to buy a used car on Craigslist, you probably won\u2019t be needing the hundred-dollar bill. For most people, eliminating it would be an inconvenience at best.<\/p>\n<p>So what gives? Why is anyone even considering the elimination of these bills? It seems like there is simply no need for it.<\/p>\n<p>The truth is there are a lot of reasons why governments and banks want to eliminate these high denomination notes, and none of them are good. It should go without saying that the people who are pushing this are not going to give you a straight answer. You\u2019re going to hear them give the same excuse over and over again for the foreseeable future: Large denominations are indispensable for black market transactions. They enable drug dealers, tax evaders, corruption, and terrorism.<\/p>\n<p>But that\u2019s just what they\u2019ll say in the beginning. One day they\u2019ll give all those same excuses, except instead of suggesting the elimination of large denomination bills, they\u2019ll suggest we get rid of cash instead.<\/p>\n<p>That\u2019s right. What the government, multinational corporations, and the central banks really want, is a completely cashless society, and they\u2019re going to start by eliminating the bills we don\u2019t use very often. Pro-gun supporters will recognize this strategy as the \u201cslippery slope.\u201d Start out with something small that sets a precedent, and quietly eliminate everything over a long period time so no one notices.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why You Need to Prepare for the Cashless Society Earlier this month, the European Central Bank suggested that the\u00a0500 Euro note needs to be eliminated. Not long after, academics and policy makers in the US started to call for the\u00a0elimination of the $100 bill. This isn\u2019t something that the average person really thinks about on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,6],"tags":[1035,1034,1769,233,282,12799,11729,6787,783,793],"class_list":["post-18580","post","type-post","status-publish","format-standard","hentry","category-economics","category-liberty","tag-cash","tag-cashless-society","tag-corruption","tag-ecb","tag-european-central-bank","tag-high-denomination-bills","tag-joshua-krause","tag-ready-nutrition","tag-taxes","tag-terrorism"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18580"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18580\/revisions"}],"predecessor-version":[{"id":18582,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/18580\/revisions\/18582"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}