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Posted: 9/7/2016 10:50:39 AM EDT
[#1]
Quote HistoryQuoted: Mark my words. It's only a matter of time until cash is completely eliminated... I feel the same way about socialized medicine. The government would derive an enormous amount of power and control from having a monopoly over the public's access to healthcare. (Lost my page ownage due to an edit. Oh, well.) |
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Posted: 9/7/2016 10:51:32 AM EDT
[#2]
Quote HistoryQuoted:
Then how would Uncle Sam give pallets of money to asshats across the globe? Touche. But it was in Euros and Francs.... |
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Posted: 9/7/2016 10:52:35 AM EDT
[#3]
Quote HistoryQuoted:
Cash is king, it's also a lot harder to trace. Even F'ing Iran knows this..... 
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Posted: 9/7/2016 10:53:13 AM EDT
[#4]
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S.
I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. |
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Posted: 9/7/2016 10:54:27 AM EDT
[#5]
Quote HistoryQuoted: Many people want to give up all control to the government. I truly can't understand it. Cultural inculcation of passivity. See Sam Francis' book, Revolution from the Middle. |
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Posted: 9/7/2016 10:58:34 AM EDT
[#6]
Quote HistoryQuoted:
It's horseshit. They just don't want you to have control of your own money. If your money is in a bank, the bank can take it and invest it and gamble your fortune. I forgot the ratio of money on hand banks actually had to pay customers back, but it's real low, like 20% or less. Look at your bank statement. Your savings are making point nothing right now. With inflation you already ARE in a negative interest rate. 
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Posted: 9/7/2016 11:00:59 AM EDT
[#7]
Quote HistoryQuoted:
Deflate by 10x prices go up 10x Equillibrium always wins. Quote HistoryQuoted:
Quoted:
I think it would be interesting if we could deflate our currency by 10x. Then pocket change could buy you a decent meal again! It would be interesting if coins were worth more than just some left overs you throw in a jar until its full then go deposit at the bank. Deflate by 10x prices go up 10x Equillibrium always wins. Hey but Hitlery says $15.00hr and there will be no poor!!! |
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Posted: 9/7/2016 11:07:12 AM EDT
[#8]
You want shot in the face? Cause this is how you get ........... who am I kidding, never mind.
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Posted: 9/7/2016 11:16:58 AM EDT
[#9]
Quote HistoryQuoted:
I think it would be interesting if we could deflate our currency by 10x. Then pocket change could buy you a decent meal again! It would be interesting if coins were worth more than just some left overs you throw in a jar until its full then go deposit at the bank.  and everything imported would initially cost 10x as much.
Imagine.................... 
223 REM TULA 55 GRAIN FMJ (1000 ROUNDS) Regular Price: $265.00 $2650.00 Special Price: $242.95 $2420.95 As low as: $240.95 $2400.95 |
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Posted: 9/7/2016 11:43:40 AM EDT
[#10]
Quote HistoryQuoted:
and everything imported would initially cost 10x as much.
Imagine.................... http://dp8k5pf9le6li.cloudfront.net/product-images/small_image/220x/9df78eab33525d08d6e5fb8d27136e95/f/4/f4366baa3ade07e4b43d8f12f77276d0.jpg 223 REM TULA 55 GRAIN FMJ (1000 ROUNDS) Regular Price: $265.00 $2650.00 Special Price: $242.95 $2420.95 As low as: $240.95 $2400.95 Quote HistoryQuoted:
Quoted:
I think it would be interesting if we could deflate our currency by 10x. Then pocket change could buy you a decent meal again! It would be interesting if coins were worth more than just some left overs you throw in a jar until its full then go deposit at the bank. and everything imported would initially cost 10x as much.
Imagine.................... http://dp8k5pf9le6li.cloudfront.net/product-images/small_image/220x/9df78eab33525d08d6e5fb8d27136e95/f/4/f4366baa3ade07e4b43d8f12f77276d0.jpg 223 REM TULA 55 GRAIN FMJ (1000 ROUNDS) Regular Price: $265.00 $2650.00 Special Price: $242.95 $2420.95 As low as: $240.95 $2400.95 No posting Cheaper than Dirt ads in GD. |
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Posted: 9/7/2016 11:51:56 AM EDT
[#11]
Quote HistoryQuoted: Cultural inculcation of passivity. See Sam Francis' book, Revolution from the Middle. Quote HistoryQuoted: Quoted: Many people want to give up all control to the government. I truly can't understand it. Cultural inculcation of passivity. See Sam Francis' book, Revolution from the Middle. Is this about right?: Our culture has brainwashed these people into believing that they should not, or can not, or don't even want to stand up for themselves in the face of elements of totalitarianism being implemented. They accept that the "the government" knows what's best for them and will stand idly by as the State rules their lives. In the past, I believed that totalitarianism would be something that would have to be forced on "the people". I've come to realize that "the people" are begging for it. eta: I read some reviews of the book you mentioned. It sounds very relevant to 2016, despite being written 20 years ago. |
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Posted: 9/7/2016 12:52:44 PM EDT
[#12]
Quote HistoryQuoted:
Yep. Fuck that scumbag. Quote HistoryQuoted:
Quoted:
Cashless means the Fed Res can devalue your $$$ and you can't do sh*t about it. Yep. Fuck that scumbag. Doesn't have to be cashless to that......All they have to say is that $xx Fed Res Note is now defunct and void and no longer legal tender. That's how we lost the $500 , the $1000 , the $5000 , and the $10,000 (the $100,000 gold certificate could only be used by banks) You can thank Richard Nixon for that....1969 , as part of War on Organized Crime. |
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Posted: 9/7/2016 12:53:48 PM EDT
[#13]
imagine 1.7 billion in 10s or 5s
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Posted: 9/7/2016 1:05:34 PM EDT
[#14]
Fuck this guy.
I have bought 3 cars for cash in 4 years. Carrying around 15k or more in cash is a pain and assholes like him and the "it hurts money launderers" types are who killed off the 500 dollar bill. So 15k+ in 20s? Yeah... goto hell. Go to hell harvard douche bag. Gaurantee this idiot has dim views of guns as well. I am sick of civilized or sophisticated dimwits thinking they can control the behaviors of caveman by using big words and claiming they know what is best. |
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Posted: 9/7/2016 1:17:01 PM EDT
[#15]
When banks hit negative interest rates, the Gubmint will go to a digital cash concept and outlaw actual cash. You will turn it all in for digital or lose it completely. At that point, the Gubmint will have total control of your money and you. No black market, no non-taxed garage sales, no selling your gun to some stranger, nothing.
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Posted: 9/7/2016 1:50:20 PM EDT
[#16]
Quote HistoryQuoted:
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S. I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. I think he comprehends it (how could he not?). He also bemoans it. As, unquestionably, does most of the DNC. |
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Posted: 9/7/2016 1:55:19 PM EDT
[#17]
Rogoff doesn't view totalitarianism as much of a threat. Of course not. The little cocksucker thinks he'll be the one administering it. If Trump actually does start putting people in camps, I have some suggestions... |
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Posted: 9/7/2016 2:14:46 PM EDT
[#18]
This is because cash is relatively not traceable. The gov wants to know what you are buying all the time.
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Posted: 9/7/2016 2:19:23 PM EDT
[#19]
I'm sure it will never be used for evil. Just remember that not long now and SS is going to cut benefits if nothing changes. If cash is all digital it makes it much easier to control everyone.
I'm sure the IRS won't ever be used as a political attack dog. I'm sure the FBI will always do it's due diligence against corrupt politicians. I'm sure the US gov won't ever steal stock from American citizens due to a company being too big to fail. |
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Posted: 9/7/2016 9:27:44 PM EDT
[#20]
Quote HistoryQuoted:
I think he comprehends it (how could he not?). Quote HistoryQuoted:
Quoted:
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S. I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. I think he comprehends it (how could he not?). Perhaps he's being lazy and insular. The reference to the ratio of bills to Americans, and the assertion this means they must therefore be being used for criminal enterprise seems to be the epitome of lazy and insular thinking. |
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Posted: 9/7/2016 10:48:31 PM EDT
[#21]
A serious push to eliminate cash means it's that time.
There are no legitimate excuses for that action. |
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Posted: 9/7/2016 10:56:16 PM EDT
[#22]
Quote HistoryQuoted:
Eliminate cash just makes control easier; that's the number one reason. We can't have people pulling out their money if interest rates go negative. ding ding ding... |
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Posted: 9/7/2016 11:00:41 PM EDT
[#23]
Quote HistoryQuoted:
I wonder if he thinks folks need guns. If you don't carry cash, you can't get mugged so you don't need guns! Oh yeah, pretty sure the math works out on that. |
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Posted: 9/7/2016 11:04:23 PM EDT
[#24]
Quote HistoryQuoted:
Cashless means the Fed Res can devalue your $$$ and you can't do sh*t about it. [runs to check gold hoard, thinks needs to buy more] |
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Posted: 9/7/2016 11:10:30 PM EDT
[#25]
Quote HistoryQuoted:
[runs to check gold hoard, thinks needs to buy more] Quote HistoryQuoted:
Quoted:
Cashless means the Fed Res can devalue your $$$ and you can't do sh*t about it. [runs to check gold hoard, thinks needs to buy more] They can take that away from you too. |
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Posted: 9/7/2016 11:24:38 PM EDT
[#26]
Quote HistoryQuoted:
I have a friend that believes that not only should there be no cash, but you should have to use a government issued and monitored "money card" for all transactions so that the government doesn't get "cheated out of their taxes". He also believes that prices should be controlled by the government across the board. Also, doctors should be forced to treat all patients regardless of whether or not they can pay for it, or face arrest. He strongly disagrees with my assessment that he is a communist. Many people want to give up all control to the government. I truly can't understand it. Read, "Escape From Freedom", by Erich Fromm (Psychoanalyst talks about people actually wanting totalitarianism... ) |
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Posted: 9/7/2016 11:49:17 PM EDT
[#27]
Quote HistoryQuoted: Read, "Escape From Freedom", by Erich Fromm (Psychoanalyst talks about people actually wanting totalitarianism... ) Quote HistoryQuoted: Quoted: I have a friend that believes that not only should there be no cash, but you should have to use a government issued and monitored "money card" for all transactions so that the government doesn't get "cheated out of their taxes". He also believes that prices should be controlled by the government across the board. Also, doctors should be forced to treat all patients regardless of whether or not they can pay for it, or face arrest. He strongly disagrees with my assessment that he is a communist. Many people want to give up all control to the government. I truly can't understand it. Read, "Escape From Freedom", by Erich Fromm (Psychoanalyst talks about people actually wanting totalitarianism... ) |
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Posted: 9/8/2016 12:35:02 AM EDT
[#28]
Quote HistoryQuoted:
Read, "Escape From Freedom", by Erich Fromm (Psychoanalyst talks about people actually wanting totalitarianism... ) Quote HistoryQuoted:
Quoted:
I have a friend that believes that not only should there be no cash, but you should have to use a government issued and monitored "money card" for all transactions so that the government doesn't get "cheated out of their taxes". He also believes that prices should be controlled by the government across the board. Also, doctors should be forced to treat all patients regardless of whether or not they can pay for it, or face arrest. He strongly disagrees with my assessment that he is a communist. Many people want to give up all control to the government. I truly can't understand it. Read, "Escape From Freedom", by Erich Fromm (Psychoanalyst talks about people actually wanting totalitarianism... ) Yep. While it may defy any particular persons logic, there are people out there who do not want what you want. They are not starting with a similar set of personal desires. Sometimes it is an individual sometimes it is a pretty large swath of a group and becomes a culture. If various conditions such as their numbers, strength, commitment, intelligence and cohesion come together, you will lose. It is already happening. Most factions in this country (to include you and I, or by proxy our parents and grandparents) have demanded the government give them something or take something away from someone else. When you want government to do something, you give government power. That snowball just gets bigger and we are all slow fucked until some kind of reset happens. |
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Posted: 9/8/2016 12:38:23 AM EDT
[#29]
Quote HistoryQuoted:
Oh boy, someone else to tell me what I need or don't need. Get in line. This. 
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Posted: 9/8/2016 12:39:18 AM EDT
[#30]
Will never happen because politicians love dirty money.
One of the few benefits of curruption. |
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Posted: 9/8/2016 12:42:19 AM EDT
[#31]
An economist who wants to make trade more difficult and cumbersome.
k den. |
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Posted: 9/8/2016 12:54:27 AM EDT
[#32]
Quote HistoryQuoted:
Doesn't have to be cashless to that......All they have to say is that $xx Fed Res Note is now defunct and void and no longer legal tender. That's how we lost the $500 , the $1000 , the $5000 , and the $10,000 (the $100,000 gold certificate could only be used by banks) You can thank Richard Nixon for that....1969 , as part of War on Organized Crime. Quote HistoryQuoted:
Quoted:
Quoted:
Cashless means the Fed Res can devalue your $$$ and you can't do sh*t about it. Yep. Fuck that scumbag. Doesn't have to be cashless to that......All they have to say is that $xx Fed Res Note is now defunct and void and no longer legal tender. That's how we lost the $500 , the $1000 , the $5000 , and the $10,000 (the $100,000 gold certificate could only be used by banks) You can thank Richard Nixon for that....1969 , as part of War on Organized Crime. Large denomination bills are still legal tender and valid. Banks or the US Treasury will exchange them for current notes at face value, although collectors will pay more. Gold and silver certificates haven't been voided either. They are still legal tender and can be exchanged at face value, but can't be redeemed for gold and silver coin. |
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Posted: 9/8/2016 7:54:14 AM EDT
[#33]
Quote HistoryQuoted:
Perhaps he's being lazy and insular. The reference to the ratio of bills to Americans, and the assertion this means they must therefore be being used for criminal enterprise seems to be the epitome of lazy and insular thinking. Quote HistoryQuoted:
Quoted:
Quoted:
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S. I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. I think he comprehends it (how could he not?). Perhaps he's being lazy and insular. The reference to the ratio of bills to Americans, and the assertion this means they must therefore be being used for criminal enterprise seems to be the epitome of lazy and insular thinking. I think its lying by omission. The fact is that one of the huge strengths for america is faith in, and use of, the dollar. The globalists see all american strength as a negative. as we are almost ready to elect hitler, er, trump. that kind of power should only be in the hands of a "good" country, like germany. a country without a history of imperialism, war mongering, and horrific treatment of religious minorities. |
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Posted: 9/8/2016 8:21:52 AM EDT
[#34]
IMF economist is all you need to know about the douche. If he wants to rid the world of cash it's only so they can loot.
ETA: "A central bank issuing the currency is a greater menace to the liberty of the people than that of a standing army." -That "racist" Thomas Jefferson. |
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Posted: 9/8/2016 11:42:51 AM EDT
[#35]
Quote HistoryQuoted:
I think its lying by omission. The fact is that one of the huge strengths for america is faith in, and use of, the dollar. The globalists see all american strength as a negative. as we are almost ready to elect hitler, er, trump. that kind of power should only be in the hands of a "good" country, like germany. a country without a history of imperialism, war mongering, and horrific treatment of religious minorities. Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S. I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. I think he comprehends it (how could he not?). Perhaps he's being lazy and insular. The reference to the ratio of bills to Americans, and the assertion this means they must therefore be being used for criminal enterprise seems to be the epitome of lazy and insular thinking. I think its lying by omission. The fact is that one of the huge strengths for america is faith in, and use of, the dollar. The globalists see all american strength as a negative. as we are almost ready to elect hitler, er, trump. that kind of power should only be in the hands of a "good" country, like germany. a country without a history of imperialism, war mongering, and horrific treatment of religious minorities. Oh, you. 
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Posted: 9/8/2016 1:14:37 PM EDT
[#36]
Quote HistoryQuoted:
Oh, you jew.
Quote HistoryQuoted:
Quoted:
Quoted:
Quoted:
Quoted:
Kenneth Rogoff seems incapable of comprehending that the US dollar is a common store of wealth and means of exchange in much of the world, not just the U.S. I just pulled 50 one hundred dollar bills from one small bank branch this weekend. There must be shitloads in just this one country. I think he comprehends it (how could he not?). Perhaps he's being lazy and insular. The reference to the ratio of bills to Americans, and the assertion this means they must therefore be being used for criminal enterprise seems to be the epitome of lazy and insular thinking. I think its lying by omission. The fact is that one of the huge strengths for america is faith in, and use of, the dollar. The globalists see all american strength as a negative. as we are almost ready to elect hitler, er, trump. that kind of power should only be in the hands of a "good" country, like germany. a country without a history of imperialism, war mongering, and horrific treatment of religious minorities. Oh, you jew.
You really missed an opportunity there. |
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Posted: 9/9/2016 12:11:21 AM EDT
[#37]
Quote HistoryQuoted:
and everything imported would initially cost 10x as much.
Imagine.................... http://dp8k5pf9le6li.cloudfront.net/product-images/small_image/220x/9df78eab33525d08d6e5fb8d27136e95/f/4/f4366baa3ade07e4b43d8f12f77276d0.jpg 223 REM TULA 55 GRAIN FMJ (1000 ROUNDS) Regular Price: $265.00 $2650.00 Special Price: $242.95 $2420.95 As low as: $240.95 $2400.95 Quote HistoryQuoted:
Quoted:
I think it would be interesting if we could deflate our currency by 10x. Then pocket change could buy you a decent meal again! It would be interesting if coins were worth more than just some left overs you throw in a jar until its full then go deposit at the bank. and everything imported would initially cost 10x as much.
Imagine.................... http://dp8k5pf9le6li.cloudfront.net/product-images/small_image/220x/9df78eab33525d08d6e5fb8d27136e95/f/4/f4366baa3ade07e4b43d8f12f77276d0.jpg 223 REM TULA 55 GRAIN FMJ (1000 ROUNDS) Regular Price: $265.00 $2650.00 Special Price: $242.95 $2420.95 As low as: $240.95 $2400.95 I'm talking about if both money value and prices all change... basically move one decimal place to the left. $1 would be worth what $10 was. If prices went UP after this, a $1 soda would effectively cost $10. Nobody would buy them. It would never happen, but it would be neat to be able to buy things, actual useful things, for a nickel or a couple dimes, or like I mentioned, buy a decent meal on pocket change. |
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Posted: 9/9/2016 12:21:11 AM EDT
[#38]
Quote HistoryQuoted:
We all 3rd world now "Forcing people to use smaller bills, Rogoff argues, might make crime more conspicuous and less convenient" https://si.wsj.net/public/resources/images/P1-BA632_ZIMDLR_DV_20110510183741.jpg Really no joke our Liberals wont be happy until the west becomes a 3rd world shit hole. Sad thing is some of our conservatives will fall for it because 'though on crime'. at the height of his empire Pablo Escobar spent $2000 a month on rubber bands... |
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Posted: 9/9/2016 12:24:15 AM EDT
[#39]
The only crime they give a shit about truly is hiding wealth from the government.
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Posted: 9/9/2016 12:41:20 AM EDT
[#40]
Would anyone happen to have his address?
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Posted: 9/9/2016 12:59:42 AM EDT
[#41]
What the hell are they talking about, I used C notes all the time, try going to Costco and buying less than $100 in groceries.
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