By Chris Rossini
The European Central Bank (ECB) is the latest to tighten the screws on European citizens. They will officially no longer produce the 500 euro note....because "bad guys".
Of course, for the few that pay attention to these moves "bad guys" is just a nonsense excuse. "Bad guys" will just use smaller denominated bills.
The use of cash is a hindrance to total control over monetary matters by banksters and politicians. Whenever a bank is in trouble, citizens who take the time to think a few steps ahead can go to that bank and pull out cash. They have at least one last resort to save themselves from a crooked monetary system.
Banksters and politicians want to close all the escape hatches. The War on Cash is the systematic way that they plan on getting it done.
Simon Black gives us some details on the ECB's ban of the 500 euro note:
The next highest is the 200 euro note, then 100. These will still be produced…for now. To be clear, 500 euro notes are not ‘banned’. The ECB tells us that current 500 euro notes in circulation will still be honored as legal tender. Again…that’s for now. The next step for them would be to quietly take these bills out of circulation until one day there’s simply no more of them available. Then they can rinse and repeat with the 200 and 100 euro notes.
Those who seek total monetary control have supreme patience. They'll chip away, a little bit at a time, so as to not make the big picture noticeable. Right now it's the 500 euro note, next will be the 200.
We didn't get into this paper money nightmare overnight. Gold, which has acted as money for thousands of years, was not weaned away in a mere 5 years or 10 years time. It was a process that took almost a century!
Inch by inch gold was pushed down the memory hole, to be replaced by money that banksters can literally create out of thin air. Power elites each do their part, and make their contribution to total control, even if they don't live long enough to see the day that the final nail is hammered into the coffin.
Just think of what it would be like not to be able to use cash. It would mean that every single monetary transaction would be recorded by the government's "banking system". Privacy (what little is left of it) would officially be dead.
True ownership of your earnings and money would be gone as well. Government would have the power, and/or grant themselves the power during an "emergency" to grab whatever they like.
It's all digits. No cash. They could just deduct whatever they want out of everyone's account! National security....War...Welfare...Bailouts....you name it. Anything could be used as an excuse, and there's no way to pull out your money!
You had $10,000 and now you have $9,800. The difference was deducted and used for the "bailout" of Wall Street. You wouldn't want the whole "system" to collapse, would you?
Don't think for a second that government and its legion of cronies don't salivate at the prospect of having such powers.
The War on Cash is a big one. Should it ever reach its desired destination, life and liberty would be in huge trouble.