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View Full Version : Dave Ramsey on a cashless society


Alan 54
08-05-2020, 11:47 PM
A cashless society means no cash. Zero. It doesn’t mean mostly cashless and you can still use a ‘bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:

* If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.

* Your child can’t go & help the local farmer to earn a bit of summer cash.

* No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.

* No more money in birthday cards.

* No more piggy banks for your child to collect pocket money & to learn about the value of earning.

* No more cash for a rainy day fund or for that something special you have been putting $20 a week away for.

* No more charity collections.

* No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.

* No more cash gifts from relatives or loved ones.

What a cashless society does guarantee:

* Banks have full control of every single penny you own.

* Every transaction you make is recorded.

* All your movements & actions are traceable.

* Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about 2 weeks, a thousand questions answered & many passwords.

* You will have no choice but to declare & be taxed on every dollar in your possession.

* If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.

Forget about cash being dirty. Stop being so easily led. Cash has been around for a very, very, very long time & it gives you control over how you trade with the world. It gives you independence!

SalmonDaze
08-10-2020, 09:11 AM
If the lunacy of a cashless monetary system were ever to be seriously employed; the barter system would again rule within minutes of the necessary confiscation of fiat currency.

Alan 54
08-10-2020, 09:16 PM
it wouldn't surprise me if cities and states created their own legal tender to utilize locally.