A Cashless Society: Boon or Enslavement

The transformation of the monetary landscape during the 20th and 21st century has been secretive and massive. This transformation has become more obvious over the decades, and has been building up speed. There have been many subtle shifts in monetary policy in the United States and throughout the world. These shifts have changed the way we make transactions and how we invest or save.

A major transformation in monetary policy was the creation of The Federal Reserve central bank in 1913. This was the beginning of the enslavement of the American populace, and later the world populace, through control and creation of the Untied States money supply. "Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild. This is how the largest theft in world history has occurred, where by a PRIVATE entity creates money and lends it to The United States WITH INTEREST.

Once the Central Bank had control of the Untied States dollar, they made another monumental change to the WORLD currency supply during the Bretton Wood conference in 1944. What is the 'Bretton Woods Agreement'? The Bretton Woods Agreement is the landmark system for monetary and exchange rate management established in 1944. It was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944. Under the agreement, ALL currencies were pegged to the price of gold, and the U.S. dollar was seen as a reserve currency linked to the price of gold. This meant that since all currencies we pegged to the dollar, the Central Bank had control of the World money supply.

In 1965, all coins in the United States were no longer made with silver. Silver was now taken out of the monetary system.

In 1971, President Nixon took the dollar completely off of the gold standard, and thus the world reserve currency was no longer backed by true money, gold and silver. This is when the Untied States debt exploded, and began its hyperbolic climb to 20 trillion dollars.

In the early 1980's, the Federal Reserve raised the fed funds rate to 18%. From that time onward, the feds fund rate, interest rates, have slowly fallen to all time lows. The Fed Fund Rate determines how people will invest, save, or spend their capital. After the Tech bubble burst in 2000, the feds lowered rates to 1% for a couple years and helped create the housing bubble. In 2005, they normalized rates to around 5% and popped the bubble in 2007. After the first housing bubble popped, the feds lowered rates to 0% and have kept them there for almost 8 years. They talk about normalizing rates, but that is impossible without popping the new stock market and housing bubbles they have created.

During this time after the 2008 financial crisis, the Central Banks of the world have not only lowered interest rates to 0%, and in some cases negative interest rates, they have also been printing TRILLIONS of dollars, yen, euros, yuan, and other FIAT currencies. They are claiming that these policies have saved us from a more severe financial calamity, but they have not stopped the money printing, and interests rates are still at 1% in the United States. The Central Banks and Governments have only taken countries further into debt, and postponed the true collapse of the financial system. When Central Banks normalize interest rates to 5% or more, and stop printing money, the system will collapse. Many believe that at that time, Central Banks will drop interest rates back to 0% or negative, and printed the largest round of Quantitative Easing (QE4) to date.

What does all of this have to do with a cashless society? If Central Banksters can get everyone into THEIR digital currency, then they will truly OWN and have control of a one world currency and have control of the New World Order.

How are free people fighting back? In 2009, Bitcoin was set loose in the financial sector. Is Bitcoin a mechanism for a free society or pump and dump ponzi scheme? In some states of America, gold and silver are become legal tender and a form of currency again. There are credit cards and crypto currencies that are backed by physical precious metals.

Alternate forms of currencies are being developed and sought after by people who have 'woken up' to the realization that central banks haves destroyed the current financial system and dollar world reserve currency. When a 'reset' comes with a new global reserve currency, will you trust the new system?

For me, I am GAMBLING with a little bit of Bitcoin and Cryptos in my portfolio, but I still believe that, like the Constitution of the United States declares, that only Gold and Silver shall be used as tender of payment of debts.