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Author Topic: The war on cash  (Read 1464 times)


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The war on cash
« on: December 18, 2016, 05:20:07 pm »

Here's another one.  It's interesting.

The European Payments Council (EPC), a subdivision of the European Central Bank, is taking one giant step forward in their quest to eliminate all cash to increase taxes. They have gone ahead and set up the technical bases last week to enable the immediate payments system throughout Europe. One of the stumbling blocks has been the fact you cannot transfer money same day for banks like to play with your money and holding it for a few days. If the payment comes from overseas, the bank will not “clear” the funds usually for six weeks.
Unless money can become instant, it is really impossible to eliminate cash. The SEPA Credit Transfer Scheme will move to allow instant transfers. The goal is to eliminate ATM machines and force people to pay using their mobile phone beginning in November 2017.



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Re: The war on cash
« Reply #1 on: December 18, 2016, 08:04:55 pm »

one   more  step  toward   TOTAL   CONTROL.....if  /  when   "they"   know  what  you  are   buying  /   spending  on it  makes  it  easier  to  come  take   things   away  if they   know   where to look & who  has  stuff..../    me   paranoid.....who  wants to know   ????    just  because  you are,  does not  mean they are not  out  to get you...mess w / you....don't   come   here   i'm   not  home  .....
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