Alex Newman is an international freelance journalist, educator and consultant. As a freelance journalist he writes for the New American. He is the co-author of the book, 'Crimes of the Educators'.
For Alex, the cashless society movement began with Sweden. Politicians and central bank officials were openly talking about why they should get rid of cash. Since then, there have been some prominent organizations, foundations and governments, including agencies here in the U.S., openly pushing for this change.
Then there's the 'Better Than Cash' alliance, an alliance of the mega-banks. The secretary of this organization is a little-known U.N agency called the U.N. Capital Development Fund. They've taken on the role of pushing for a worldwide, cashless society.
Jim mentioned that the E.U. Commission issued what they've called the Commission Initiative Road Map for 2018 which is said to step up the fight against the financing of terrorism. However, is the fight against terrorism really what this push for cashless societies is all about?
Alex said that this is what they're telling people although he seemed skeptical and communicated that this may be merely a useful tool to sell the idea of a cashless society to the masses. If stopping terrorism isn't the real reason, then what is it? Alex noted that if you read the E.U. Commission document, they're very open about the fact that the goal is to end privacy in economic transactions.
Cash transactions sizes come into play in this discussion. Jim noted that banks may initially put a high monetary restriction on such transactions and most people feel they won't be affected by that rule. Eventually the idea is to lower the transaction amount as once took place in the nation of Greece.
Is there documentation proving that large amounts of cash are behind terrorism? Is a cashless society a safe one? How are digital identity efforts going in India? Does any of this tie-in with what the Bible says about a 'mark of the beast' in Revelation? How do precious metals figure into this scenario? Get the answers to these and other questions related to the war against cash when you review this edition of Crosstalk.
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