Push to criminalize cash so that banks can manipulate digital money accelerates
(NaturalNews) There is an echo chamber of economic elitists,
corporatists and officials forming to eliminate physical money in favor
of creating a digital means of engaging in commerce that governments
would control.
One of the latest examples is Jim Leaviss, head of retail fixed interest at M&G Investments, who wrote recently in Britain's Telegraph
newspaper that a proposed new Denmark law should be viewed as a first
step -- a model, if you will -- of abolishing "physical currency" and
"normal bank accounts," all to give "governments futuristic new tools to
fight the cycle of 'boom and bust.'"
Leaviss says the Danish
proposal "sounds innocuous enough on the surface"; it would give local
businesses and shops the right to refuse cash payments and instead
insist that customers use "contactless debit cards" or another means of
electronic payment.