Today I want to consider the social impact of going digital, and the problems associated with financial stability in a disaggregated digital payments world.
More evidence I think that banning cash is clueless.
https://www.bis.org/publ/bppdf/bispap107.pdf
https://www.bis.org/review/r200123c.pdf
https://www.theguardian.com/us-news/2020/jan/24/new-york-city-ban-cashless-businesses-discrimination
https://www.rba.gov.au/publications/annual-reports/psb/2019/trends-in-payments-clearing-and-settlement-systems.html
“More evidence I think that banning cash is clueless. ” Martin North.
I disagree.
It is no contradiction to say you are absolutely correct because these slimy duplicitous government clerks are operating to a completely different agenda and what they have engineered is anything but clueless in that sense.
It has been carefully planned.]
Although they have succeeded in basically burying the true intent of the legislation – with the assistance of a sycophantic media – they arrogantly allowed it to slip into the public domain evidenced by the fact that they made no effort to conceal the strategy they had discussed and agreed upon in so many forums, meetings and correspondence on official letterheads of the BIS and RBA and Central Banks.