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Originally posted by Chadwickus
reply to post by twistedworld
Who's buying the gold? And don't say "the NWO" Who is the NWO?
You can't just walk up to some random guy selling gold in the street and say "We're the NWO, we want your gold!"
It's all fairly traceable you know, so as far as I'm concerned you're full of it unless you can show WHO is buying gold.
Originally posted by twistedworld
I truly think the NWO is trying to collapse the entire banking system to force us into the Electronic Credit System. Afterall if they were to suscced then we would be their slaves.
Cashless Society Put to Test in Ontario Town
By KALYANI VITTALA
Published: September 30, 1997
Jay L. Strom and his wife, Margaret, have been selling sweet corn from a stand behind their century-old farmhouse near here for 20 years. But this season, for the first time, some local residents making their way along the country roads of southwestern Ontario near Toronto paid for their corn in a brand new way. Instead of prying small bills and Canada's bulky $1 and $2 coins out of their pockets, they handed over electronic cash cards.
The Stroms, like 90 percent of the merchants in Guelph, jumped at the chance to participate in the first community-wide test in North America of ''smart cards'' that can be used for small cash transactions.
A similar experiment comes to New York's Upper West Side soon, but merchants have their doubts about how well New Yorkers will take to it.
''If it works, we'll keep it,'' said Robert G. Caballes, controller for Zabar's at Broadway and 80th Street, which will participate in the program, set to begin Oct. 6. ''If not, we'll dump it.''
By Tim Webb
Sunday, 11 March 2007
Paying for goods with notes and coins could be consigned to history within five years, according to the chief executive of Visa Europe.
Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash.
Some retailers could soon start surcharging customers if they choose to buy products with cash, because of the greater cost of processing these payments, he warned.
Visa Europe briefed the British Retail Consortium last month on new "contactless" cards that can be waved in front of a scanner to make small payments.
However, the consortium dismissed this vision and claimed that card processing fees, which regulators are investigating, are still too high.
One member of the consurtium said that the estimated "interchange" fee charged to retailers amounts to some 4p for each transaction.
Nick Mourant, treasurer at Tesco, said: "There is a duopoly between Mastercard and Visa in the UK. Their setting of fees is anti-competitive."