American Dollar Possible End as Society Leans Cashless

The American currency is about to transform to pure digital assets according to reports. An article by Michael Snyder reveals a company called Chain unveiled it has been active in a technology capable of this transaction. Several Wall Street Bankers also met to discuss major steps towards a cashless society. But many are asking questions as to why a secret meeting was held if this step is good for society.

This is on the heels of an announcement that President Obama met in an emergency meeting with Federal Reserve Chair Janet Yellon, in which Vice President Biden attended. According to mainstream media the meeting was to discuss future long-term and near term steps to contine an improving economy. However, the economy shows no real signs of improving outside of the administration’s declaration, so one has to wonder what they are not telling us. And also we have suspicions why the President and Vice President were called together in an emergency meeting for a minor status report on an economy reported as improving. Especially that the G20 met shortly after as well.

Several nations have recently reported calling for the elimination of cash. A cashless society appears to be the goal as Sweden, Denmark, and Norway have shown signs of slow eradication of cash, as 95% of retail is already cashless, others have announced action towards such goal, and ATM machines are being removed. Other nations in Europe have imposed limits on cash transactions.

Warning of a major global economic collapse still threatens to hit as several signs confirm what is being suspected. The Federal Government has addressed a deficiency in the 2015 Plan regarding the criteria for a rational and less-complex legal entity structure for JP Morgan Chase warning a resolution strategy must be enacted to help mitigate risks that would hinder the American economy. Banks have issued a “Bail In” plan to secure its interests and hedge against a failing economy by claiming its depositories as liquidity in which many may be limited or perhaps even prohibited from withdrawing their own deposits.

According to an article published by the Telegraph, the currencies of Brazil, Mexico, South Africa and Turkey have all crashed to multi-year lows as investors flee emerging markets and commodity prices crumble. Weak figures from China indicating a downturn sent tremors through East Asia, Latin America and Africa as well.

And then we have indication that the Wealthy Elite are fleeing major cities around the globe at a staggering rate. Millionaires are leaving the city of Chicago, as well as reports of many in Europe leaving Paris, France.

What we suspect is a deliberate collapse in order to reset the system. Whether it will stir civil unrest or just plummet society into turmoil, in which citizens will be gasping for breath treading the chaos, it will certainly give leverage to the Global Elite who have been salivating for society to beg for an International Central Bank. What better way than to overwhelm the system. With the flooding of immigrants, the necessity of rebuilding infrastructure, and the funding of war, it has certainly stretched our budget to a point of hopelessness in ever paying back our debt.

What do the Global Bankers have to gain? A cashless society will give even more power to the Global Banking Elitists. The Globalists have been pushing towards an International Central Bank for some time. But never has it been to the point of total conglomeration until recently. In order for the new digital system, the old would need to phase out. But will it be at the rate of collapse? If it means ushering in their long awaited New World Order, they will do anything. As the motto goes, “The end justifies the means.”

The Bible tells in Revelation 13 that no one will be able to buy or sell unless they receive the mark of the Beast on their forehead or in their right hand. While the mark may still be some time away yet, the system is being devised and our options limited for the method of making purchases. The elimination of cash is one step closer. Could it be that the move Andrew Jackson off the bill be a message that the Central Bank finally has its time of power?

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Sources:

http://theeconomiccollapseblog.com/archives/a-new-digital-cash-system-was-just-unveiled-at-a-secret-meeting-for-bankers-in-new-york

http://www.dcclothesline.com/2016/04/19/collapse-looming-fed-issues-an-ominous-warning-to-jpmorgan-chase-and-leaders-flock-to-secret-meetings/

http://freedomnationnews.com/explosive-inside-information-reveals-a-tragic-collapse-is-on-its-way-2016-videos/

http://www.dcclothesline.com/2015/07/28/now-is-the-time-fear-rises-as-financial-markets-all-over-the-planet-start-to-crash/