Quake3World

The time will come when you won't be able to buy a cup of coffee without being traced, warns investment guru Jim Rogers. To control people, governments will increasingly seek to hunt down cash spending, he adds.

“Governments are always looking out for themselves first, and it's the same old thing that has been going on for hundreds of years. The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation, and they have now made it illegal to spend more than, I think it's about $4,000 in any cash transaction. In France you cannot use more than, I think it's a €1,000,”said Rogers in an interview with MacroVoices Podcast.

“Many countries are already doing this. Some states in the US you cannot make cash transactions above a certain amount. Governments love it. Then they can control you. If you want to go and buy a cup of coffee, they know how many you drink, where you buy them, etc., if they can all put it into electronic formats and they will. The world is all going electronic,” the investor said.

According to Rogers, governments will claim they are doing it for the public good, not for themselves.

“When it's done, the governments are going to be very, very happy they are going to say they're doing it for our own good, this is not them, this is for our good. That they're doing this, but it’s coming, and it's going to be a whole different world in which we live. Probably we are not going to have as many freedoms as we have now even though we are already losing our freedoms at a significant pace,” Rodgers told the radio.

This month, the European Commission proposed a bill targeting cash payments.

"Payments in cash are widely used in the financing of terrorist activities… In this context, the relevance of potential upper limits to cash payments could also be explored. Several Member States have in place prohibitions for cash payments above a specific threshold," said the Action Plan.

Jim Rogers is an American businessman, investor, and financial commentator, currently based in Singapore. Rogers made his name in the 1970s after founding a top-performing fund with George Soros.

https://www.rt.com/business/377307-jim- ... trol-cash/

Well boys and girls, what do you think? Are we in for a big brother society in the near future? That is if we survive Trump,(grin).

"near future"

lolz

try 'near past' and 'actual present'

Yeah because somehow the government magically knows exactly what I ordered when I pay a restaurant bill with my bank card. If they know where I buy my coffee, this gives them unprecedented amounts of power and control over my life.

/s

lars63 wrote:Well boys and girls, what do you think? Are we in for a big brother society in the near future? That is if we survive Trump,(grin).

Not sure if we (I) will see a big brother society unfold but I agree with the statement, "we are not going to have as many freedoms as we have now”.

Give us an example I hear you cry: I had a little garden project in mind for my residential complex until someone suggested that because some of the work was on the public footpath, I needed to contact the local council. Silly me. I did.
They wanted plans and details of works, wanted details of our public liability insurance of at least $20 million and as well as an application fee of $200 (non refundable) they wanted a bond payment of $1,500.

I near lost my cool at the counter and realizing I was getting quite upset at the council counter staff, I apologized and walked away. Needless to say the project was abandoned!

What a joke! I wanted simply to renovate the gardens including the footpath areas! Bloody council bureaucracy

seremtan wrote:"near future"

lolz

try 'near past' and 'actual present'

This. If you think this is something to be worried about, you're under a rock. It's already happening and has been for years.

Because coffee

lars63 wrote: This month, the European Commission proposed a bill targeting cash payments.

That's about scrapping the 500 euro bill, which as one of the most highly valued monetary units in the world is highly popular in organized crime. Normal people don't use them. I've seen one exactly once in my life, in the hands of an American tourist (god knows what he was thinking, almost all shops refuse to take 500's).

You'll be hard pressed to find a shop that accepts €200 bills

Ryoki wrote:in the hands of an American tourist

mystery solved

this big bro doesnt sound very awesome

Whiskey 7 wrote:I wanted simply to renovate the gardens including the footpath areas! Bloody council bureaucracy

Public footpath isn't your property. Simple as that.

i'm inclined to sympathise with Whiskey on this one. if residents want to improve the areas around their homes, they should be encouraged to do that without having to deal with the local communists, uh, i mean council, and pay ridiculous fees

iit is public so it is a safety issue and therefor a liability issue.

*I vould yike to line ze path weeth spikes for niceness of looking and because i donts likes childrens the running it vould discourage this!*

i am never surprised how fucked up and unreasonable people are

that is why the strict standards.

because the idiots are unreasonable blanket standards remove the "personal" so you dont have to make an enemy of anther idiot who cant see common sense.

so some nice panderizing "it isnt personal , its not just you , its standards..."

and if the person is a total nutcase you can embellish " its to bad about the standard cuz i REALLY like your ideas!" "just doing my job for money"

Eraser wrote:Public footpath isn't your property. Simple as that.

I know it is but this council action is over the top IMO. We were simply wishing to change a few plants, not build anything.

seremtan wrote:i'm inclined to sympathise with Whiskey on this one. if residents want to improve the areas around their homes, they should be encouraged to do that without having to deal with the local communists, uh, i mean council, and pay ridiculous fees

The council said we can't even trim tress without applying and involve all that stuff I mentioned, bond/plan etc. Strange we mow and maintain the tiny grass area and get nothing from them

I recall and yes some years ago and a different council, I called and asked for half a truck load of top dressing for our suburban foothpath and it was there the next day. How times change and for the worse.