Banks Limiting Withdrawls of Cash
It is being claimed in some news reports that certain banks are limiting the amount of CASH people can withdraw from various sources. Some are claiming this is because of a looming finanical crisis, but theres more to this than we’re being told. Seen the recent adds on TV about using your smart phone as a “wallet” to make “cashless” purchases? How about the add where the woman wants to buy the guys oversized helmet using her smart phone? Are they moving to do away with conducting transactions using CASH? Certainly appears that by gradually removing the amount of CASH available the perveyors of the various cashless devices and services are moving to get people to use their smart devices to conduct all transactions, eh?
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