It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: AugustusMasonicus
Counterfeiting devalues United States currency regardless of where it takes place.
originally posted by: gladtobehere
A former top economic advisor is calling on the Treasury to do away with $50 and $100 bills, claiming that larger currency denominations make it easier for criminals and terrorists to do business. But as with all “for security” arguments, there’s an entirely different hidden motive at play.
This is all crap of course. Govt hate cash because they are thwarted to to some extent in their surviellance of the population.
Cash cannot be traced to anyone.
Signing a credit card slip is a hit and miss affair.
PIN numbers enable the transaction to be traced to 2-3 people but does still not 100% accurately identify the person who did the transaction enough to lead to conviction.
Cashless eye retina based spending provides 100% traceability to you and only you and it will lead to automatic conviction.
A cashless economy means that you will never be able to keep your money anywhere other than in a bank.
They will be able to account for every single cent the state, an employer, friends, family or anyone else gives you and for each and every cent you ever spend. Each and every 'un-unauthorized' transaction will be known at the press of the enter key and you will have some explaining to do.
It enables a lifelong 100% accurate financial transaction history from cradle to grave. It also makes it impossible for you to do a bit of work for cash in the hand. Bartering will be outlawed and become a risky proposition.
Surveillance capability - A child buys 2 ice creams in one week after school on the way home. A red flag pops up on a screen somewhere, is it bad parenting, predisposition to obesity, education failure or is it the rebel gene? Weighty questions indeed.
Is an intervention in the family by the state required?
Will removal of the child from the home be required? Will security be required?
A check of the fathers spending shows he purchased a gun 20 years ago and he buys 1.5 litres of alcohol each Friday night, that makes him a problem dunit? Get the drift?
originally posted by: Curious69
They can track and trace me all they want, i got nothing to hide, .
originally posted by: RainbowPhoenix
C.R.E.A.M. Cash Rules Everything Around Me...seriously this is one of my biggest "realistic" fears that I will live to see this enacted. It has already been said and I agree this is just one more chess move in the direction of total surveillance and tracking of all movements of we the sheeple. Bad news if this goes down.
originally posted by: Azureblue
a reply to: gladtobehere
The war on cash continues:
I think in Australia they are doing the same thing by stealth. I have not seen a $100 note for several years.
The ATMs here never give anything higher than a $50 note. Its been this way for some years.
In a new world with suppressing technology.
Lacerations lead to codes embedded in blood streams beneath the flesh.
Currencies fuse together to form a solitary and overruling capital.
Money evolves into cryptic letters and numbers that flow through the net -
a conflagration set to diminish papered riches, depleting its masterdom.
originally posted by: 11andrew34
The use of counterfeit 100s in Zimbabwe does literally nothing to change the price of cheese in the US.
Are you seriously going to tell me that you suddenly think counterfeiting is such a serious problem that we should get rid of money itself? Kill the patient to cure the occasional case of the sniffles?!?! Madness.
originally posted by: neo96
a reply to: Krazysh0t
What is the bloody difference between a single hundred dollar bill or a bunch of smaller ones that add up to a hundred ?
Someone gets robbed they still get the same amount.
Only the thief has an easier time spending it.
originally posted by: neo96
So we lost the $10,000 bill. Ok the people never really had that one. It was used between bankers.
We lost the $1000 bill.
We lost the $500 bill.
We are losing the $100 bill, and the $50.
If they want to do away with something get rid of pocket change.