They Are Slowly Making Cash Illegal

Cash - Public Domain

The move to a cashless society won’t happen overnight.  Instead, it is being implemented very slowly and systematically in a series of incremental steps.  All over the planet, governments are starting to place restrictions on the use of cash for security reasons.  As citizens, we are being told that this is being done to thwart criminals, terrorists, drug runners, money launderers and tax evaders.  Other forms of payment are much easier for governments to track, and so they very much prefer them.  But we are rapidly getting to the point where the use of cash is considered to be a “suspicious activity” all by itself.  These days, if you pay a hotel bill with cash or if you pay for several hundred dollars worth of goods at a store with cash you are probably going to get looked at funny.  You see, the truth is that we have already been trained to regard the use of large amounts of cash to be unusual.  The next step will be to formally ban large cash transactions like France and other countries in Europe are already doing.

Starting in September, cash transactions of more than 1,000 euros will be banned in France.  The following comes from a recent Zero Hedge article which detailed what these new restrictions will do…

Prohibiting  French residents from making cash payments of more than 1,000 euros, down from the current limit of  3,000 euros.

Given the parlous state of the stagnating French economy the limit for foreign tourists on currency payments will remain higher, at 10,000 euros down from the current limit of 15,000 euros.

More…

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Phil
Phil
10 years ago

i wouldn’t visit France period, they can go to hell.

Benjammin
Benjammin
10 years ago

I would say it for sure is already happening here in the US. If you travel with any large amount of cash you are assumed to be a criminal until you can prove otherwise. I went to withdraw 2k from my bank the other day and even that teller had to go in to the back room to get the Ok to give me my money. Disgusting.

LT
LT
10 years ago

The “legality” of cash will be made irrelevant presently, by it’s impending loss of value.
Scrip (worthless currency) has always been the “money” of slaves; it is just that now they are rubbing our noses in it, forcing everyone to notice.

Tom Angle
10 years ago

The up and coming financial crash will fix the paper currency issue.