We are living in exciting times. The Signposts point to Jesus soon return.

Tuesday, February 23, 2016

Banks Seek Monopoly Over Economy: “Cash Is Being Gradually Taken Away”

Prophecy Sign:  The coming Cashless Society


The push is on to rid the world of actual cash money and replace it with a digital electronic monetary system, (likely universal in nature).  This move would make the implementation of the new "buy/sell" program of the future Antichrist that much easier to initiate, and would also make the subsequent monitoring and enforcement of said system as simple as pushing a button.

It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads, so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name. Revelation 13:16-17 NIV

Banks Seek Monopoly Over Economy: “Cash Is Being Gradually Taken Away”
There is a war on for the extermination of cash. It is the ultimate monopoly game, but there are those who are willing to put up a fight to keep cash in the game. The powers-that-be on Wall Street and in the central banks are aiming to eliminate paper money in large part to continue “sustaining and even intensifying the central banks’ nightmarish experiment with negative interest rates” – a doubly dangerous effort at economic control. And banks stand to have all the control as digital transactions flow through their institutions, closely monitored and accumulating fees, penalties and charges that enrich the banks and hold customers hostage.

The real reason the war on cash is gearing up now is political
As we predicted over a year ago, in a world in which QE has failed, and in which the ice-cold grip of NIRP has to be global in order to achieve its intended purpose of forcing savers around the world to spend the taxed product of their labor, one thing has to be abolished: cash. This explains the recent flurry of articles in outlets such as BBG and the FT, and op-eds by such “established” economists as Larry Summers, all advocating the death of cash, a process which would begin by abolishing high denomination bills and continue until all physical cash in circulation is eliminated, something we warned about when the first made it first NIRP hint last September.

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