The War on Cash: A Country by Country Guide

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cashlesssociety

By James Corbett

Corbett Reporteers will be no stranger to the war on cash. I’ve made videos discussing it, conducted interviews about it, written articles examining it and dissected it on the radio.

The war has been waged through mainstream propaganda outlets, TV advertisements and even children’s games.

We’ve heard cash is dirtied by drug dealing, tarnished by terrorism, tainted by tax evasion (heaven forbid!) and just plain dirty. Not to mention sooooo outdated.

Just this week Norway has jumped aboard the cashless society agenda with DNB, the country’s largest bank, calling for a total end to cash. The story only sounds shocking because people haven’t heard the similar stories from Sweden or Denmark or India or Israel or any of the dozens of other countries whose banksters and (bankster-controlled) governments have openly lusted after a world of completely trackable, completely bank-controlled transactions.

But all of these stories, reported piecemeal here and there over the years, doesn’t give the full story about how this “war on cash” is being waged on every continent and in every country by the same banksters that stand to benefit from a cashless world. Let’s fix that by compiling a list of examples from around the world of how cash payments are being regulated, restricted and phased out. The list below will be updated as new stories come in.

If you have a link to relevant news from your own country or know of such news from another country, please let us know. Corbett Report members are invited to contribute to the list by logging in and leaving links to the relevant info in the comments below.

The Cashless Society List

CANADA – In 2007 the Canadian government stopped allowing payment of taxes in cash at government service centers. In 2010 Passport Canada followed suit. In 2011 56% of Canadians polled said they were happy to live in a bankster-controlled cashless society so the country killed the penny in 2012 and the Royal Canadian Mint started pimping the “MintChip” as a new form of electronic payment that will be “better than cash.” The Mint ended the program in 2014 but the Great White North is still on track to be a cashless society in the coming years.

DENMARK – In the 1990s about 80% of Danish retail purchases were made with cash, but these days it’s more like 25%. But if the Danish government has its way, that number will be 0% by 2030. That’s the year the Danish government has set for the complete elimination of paper money in Denmark.

FRANCE – In the wake of the Charlie Hebdo attacks last year, the French government stepped up its war on cash. In March of last year, French Finance Minister Michel Sapin declared it necessary to “fight against the use of cash and anonymity in the French economy” in order to combat “low-cost terrorism.” As of September 2015 it is illegal for French citizens to make purchases exceeding 1000 euros in cash.

INDIA – India is one of the most cash-dependent economies in the world with a cash-to-GDP ratio of 12% almost four times that of fellow BRICS nations Brazil and South Africa).  But it won’t be for long if the Indian government has its way. Last June the Indian Ministry of Finance posted a draft proposal to its website for facilitating the rise of cashless payments in the country. In his 2015 budget speech the Finance Minister declared: “One way to curb the flow of black money is to discourage transactions in cash. Now that a majority of Indians has or can have, a RUPAY debit card. I therefore, proposes to introduce soon several measure that will incentivize credit or debit card transactions and disincentivize cash transaction.”

ISRAEL – In 2014 a special committee headed by Israeli Prime Minister Benjamin Netanyahu’s Chief of Staff Harel Locker released a report examining how to reduce the use of cash in the country. The report advocates reforms (including restrictions and limits on cash transactions) as part of a strategy whose aim is “reduced use of cash, reduced use of endorsed checks, and increased use of electronic means of payment.”

NORWAY – Late last week Trond Bentestuen, a senior executive at Norway’s largest bank, complained to the VG Newspaper that the Norwegian central bank “can only account for 40 percent” of the Norwegian kroner in circulation, meaning “that 60 percent of money usage is outside of any control.” There’s only one conclusion, according to Bentestuen: “There are so many dangers and disadvantages associated with cash, we have concluded that it should be phased out.” Don’t worry, though, the nation’s Finance Ministry says it has “no plans to change the law in this area”…for now.

SWEDEN – Last year Stockholm’s KTH Royal Institute of Technology released a report stating that the country is on track to completely eliminating cash transactions in the foreseeable future. Noting that there are now only 80 billion Swedish crowns in circulation in the economy (down from 106 just six years ago), the report highlights how digital person-to-person payment technology “Swish” (developed in collaboration with Danish banks) is already transforming the country’s banking sector, where there are now entire banks that do not accept cash.

(H/T Activist Post)

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Contributed by James Corbett of Corbett Report.

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  • august

    UNA they are every where.

  • N_Disnye

    Carney, the former Goldman Sachs puppet Head of the Rothschild privately owned Bank of England, last year had his spokesman notify the UK populace that the future of cash was not a long term prospect.

    What about our window cleaner, hairdresser & fish salesman? Not to mention plumber, decorator, car valet, electrician, vegetable shop, butchers, post office….jeez…the list is endless.

    But these are legitimate businesses. The real reason for this is the plan to eliminate the black market…..but at the same time they mustn’t include the drug trade.

    Doh!

  • ccambridge

    So the government wants everyone’s cash in a bank where they can then abscond with it and leave you an IOU. This is a no brainier and you’d have to be a moron not to see what is going on here. What I make is mine and not a banks or a governments.

    • Eric Blake

      You are almost there. And in fact, the IMF recommended to world countries to implement steps for “bail ins”. The US adopted this in Jan 2015. Basically, when you deposit YOUR money into a bank, is NOT YOURS anymore but the banks. So if in fact the bank is failing, they can take that money to square their balance sheets and issue you equity (stock) in the now defunct bank. And of course no one will want to buy your worthless stock. See how that works? AND it’s not the government’s fault. They have deniability to the point where it’s the bank’s fault, and your fault for giving them money. No bail out required now.

  • Anothereno

    Cashless society will only work where there is a guaranteed minimum income..

    • Eric Blake

      And in fact, Norway moved to $1000/month minimum pay per person. They issued this under the guise to get rid of multiple single source entitlements.

  • http://www.dontflyoverwater.com BillyJoeBobCarsOnBlocks

    666 Mark of the Beast heading your way,,,have fun down here during the Great Tribulation,,,, but afterwards the fake gov’t entities get fried and tossed in lava

    • DebbieCaldwell

      And Christ will com to destroy there governments soon. Best believe in him today and accept his blood.

      • http://www.dontflyoverwater.com BillyJoeBobCarsOnBlocks

        Glory Glory !!

        • DebbieCaldwell

          The glory is for God not sheepthat need to wake up or burn in the fire.

          • http://www.dontflyoverwater.com BillyJoeBobCarsOnBlocks

            a LOT of sheep are believers…. and completely ignorant of the Satanic crap called ‘government’

          • posercom

            That is because The Banking elite control arts and entertainment, news, television and all popular culture especially social media. They have been brain washing our young people since the earliest stages of their life. Edward Bernays , was the nephew of Sigmond Freud, a Sabbeitian Jew . These people are deep into the occult and have skills of manipulation down to a sort of witch craft.

    • Mosin Nagant

      616 btw but irrelevant either way…John writes that people willingly allow themselves to be marked because they can’t “buy or sell” without it. http://knowledgenuts.com/2013/08/12/the-devils-number-is-not-666/http://www.escapeallthesethings.com/666-616-number-mark-of-the-beast.htm

      • http://www.dontflyoverwater.com BillyJoeBobCarsOnBlocks

        NICE RIFLE !!!! Cheap ammo !!! Take out 2 deer at once if you line ’em up right

    • posercom

      These Satanic plans for a one world cashless society are set for 2030. The Satanic banking elite put great stock in numbers and symbols. What is 20 divided by 30? .666666666!

      • http://www.dontflyoverwater.com BillyJoeBobCarsOnBlocks

        NICE !!

  • jim_robert

    Just two questions:

    Late last week Trond Bentestuen, a senior executive at Norway’s largest bank, complained to the VG Newspaper that the Norwegian central bank “can only account for 40 percent” of the Norwegian kroner in circulation, meaning “that 60 percent of money usage is outside of any control.”

    QUESTION: Did they look under Bjorn Diddlestrom’s bed, where he has been hiding 20 kroner? They didn’t? Well, give it a week. And they’ll probably put him in jail for it.

    SWEDEN – Last year Stockholm’s KTH Royal Institute of Technology released a report stating that the country is on track to completely eliminating cash transactions i

    QUESTION: Wonder when they will send police into the Muslim hellholes in Malmo and Gothenburg there to enforce that idiot law? Be my guest.

    • WinstonSmithy

      “They” won’t need to send anyone, they will just make an announcement that in 1 day or a week or whatever, you will need to deposit your paper money and coins in a bank after which it will no longer be legal tender for debts public and private.

  • WinstonSmithy

    Can’t allow hard cash if interest rates go negative, which is where they are headed soon enough in these heavily debt laden collectivist societies as well as many others, including the US.

    • Rick E.

      You’re right, and the reasons why include, when interest rates go negative, people will remove their money from the banks. A cashless society will prevent the subjects from removing their money.
      Plus there’s always the fact that electronic banking/paying allows the powers that SHOULDN’T be, to track and monitor all payment transactions.
      A win win for any oppressive government and a lose lose for we serfs.

  • DebbieCaldwell

    NWO BEWAREC RIST COMING SOON his blood shall saves from

    • D.Moore

      Really, tell that to all those that were murdered rather slaughtered, how does that work for them? Oh that’s right they are saved after life “if” they believed. Course who knows maybe God came to them a second before they were burnt to death, decapitated, shot, drowned. You best save yourself because no one is saving any of us

      • DebbieCaldwell

        The NWO antichrist has put you to sleep. This is your WAKEUP CALL sheep

      • DebbieCaldwell

        Not his fault th poeple want to BURNIN HELL

  • doucyet

    Con……troll

  • D.Moore

    So let’s see humans have used some sort of currency for how long? Just another scam to push global agenda! I feel they simple want to chip everyone eventually, well here is a big F U or is that F Us…almost time to go underground

    • DebbieCaldwell

      This is the NWO ANTICHRIST plan

  • SP_88

    How will the feds make money from the drug trade if all money is electronic and can be accounted for? How will a drug addict buy the drugs from a drug dealer?
    And what about private transactions? Tag sales, flea markets, etc?
    And besides all those issues, the government will have complete control over everything and everyone. And if they don’t like someone, they will just shut off their money and they will starve to death because they won’t be able to buy food. It will be the most tyrannical government regulation ever. Nobody will be truly free anymore. Life will become a nightmare for many people.

    • Mark Owen

      Don’t you get it? It’s their way of culling the herd. Can’t buy food, clothing, guns, ammo, gas, or anything else. good way to control the people huh! You take what they give you or go without. Bernie Sanders and Hillary will really be happy. They won’t be in office but neither will any other, Obama will still be in control, his third term wish will be coming true!

      • SP_88

        That’s their hope anyway. But I think that if they get rid of cash, some other form of currency will come out and it will be controlled by the people. And hopefully it will become widespread enough to make their digital slave currency worthless. They will probably try to outlaw any outside currency, but it would be a complete violation of our rights to do so. How could it be illegal for me to trade something of mine for something of yours? And if it happens to be a piece of paper in exchange for some of your food or other items, who are they to say we can’t?
        I have confidence in the ingenuity of people who are forced to find ways of getting around the government’s ridiculous control methods.

        • Mark Owen

          We The People found a way to get around the King of England didn’t we. It’s called revolution!

          • SP_88

            The people can only be pushed so far before they push back.

  • Guillotine_ready

    Never a war on bankers. Never a war to prosecute criminal gov. Ever notice that? They declare war on us and the people do what? Nothing, well maybe whine.

  • ahuxley

    Ah, a cashless society. A utopia, to be sure.
    And what could be more idyllic?
    A brainless and justice-less society?
    Of course…!

  • PARIS_GIRL

    NO! A CASHLESS BROKE ASS BILLIONAIRE CLASS IS WHAT WE DEMAND!!
    WE TAKE THEIR CASH AND THEY CAN HAVE A SEAT IN JAIL!