Socio-Economics History Blog

Socio-Economics & History Commentary

Europe Proposes “Restrictions On Payments In Cash”

world_war_on_cash

  • Europe Proposes “Restrictions On Payments In Cash”
    by Tyler Durden, http://www.zerohedge.com
    Having discontinued its production of EUR500 banknotes, it appears Europe is charging towards the utopian dream of a cashless society. Just days after Davos’ elites discussed why the world needs to “get rid of currency,” the European Commission has introduced a proposal enforcing “restrictions on payments in cash.”

    With Rogoff, Stiglitz, Summers et al. all calling for the end of cash – because only terrorists and drug-dealers need cash (nothing at all to do with totalitarian control over a nation’s wealth) – we are not surprised that this proposal from the European Commission (sanctuary of statism) would appear…

    The Commission published on 2 February 2016 a Communication to the Council and the Parliament on an Action Plan to further step up the fight against the financing of terrorism (COM (2016) 50). The Action Plan builds on existing EU rules to adapt to new threats and aims at updating EU policies in line with international standards. In the context of the Commission’s action to extent the scope of the Regulation on the controls of cash entering or leaving the Community, reference is made to the appropriateness to explore the relevance of potential upper limits to cash payments.

    read more.
http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

http://www.abc.net.au/news/2016-10-21/world-awash-with-cash-fuels-illegal-activity/7933250

Click on image for article.

http://www.wsj.com/articles/preparing-for-a-world-without-cash-147035

‘666’ Propaganda! Subscription needed. Click on image for article.

https://www.bloomberg.com/view/articles/2016-09-01/want-a-free-market-abolish-cash

Click on image for article.

http://money.cnn.com/2016/02/15/news/500-euro-bill-banknote/

Click on image for article.

http://www.reuters.com/article/us-davos-meeting-banks-technology-idUSKCN0UY259

Click on image for article.

http://www.bloombergview.com/articles/2016-01-31/bring-on-the-cashless-future

Click on image for article.

end

January 28, 2017 - Posted by | Economics, EndTimes, Social Trends | , , , , , , , ,

1 Comment

  1. Reblogged this on behindertvertriebentessarzblog.

    Comment by Senatssekretär FREISTAAT DANZIG | January 28, 2017


Sorry, the comment form is closed at this time.

%d bloggers like this: