Who’s Powering the War on Cash?
“We would like to be a catalyst for taking cash out of the system,” Apple CEO Cook said, his mind fixed on Apple Pay, which takes a cut on every transaction it processes.
Top of the list are the world’s central banks, which have the perfect motive for whacking cash: i.e. to make negative interest rates an eternal — or at least, more enduring — reality. And the only way to do that is to stop depositors from cashing out,
For credit card companies, cash is the ultimate rival. As such, it’s no surprise that the likes of Visa and MasterCard are among those pushing the hardest for a cashless economy.
As for politicians, Eurocrats and global plutocrats, including the senior servants of the IMF, World Bank and United Nations, they will enjoy even greater access to and dominion over the people’s funds. What better way of controlling the people than by controlling their access to the money they need to survive?
The Better Than Cash Alliance’s membership list includes Coca Coca and the Bill and Melinda Gates Foundation. Also on the list are the Citi Foundation, the US Agency for International Development (USAID), and the World Saving Banks Institute, which represents 7,000 retail and savings banks worldwide.
Member institutions range from powerful private foundations — including the Ford Foundation and the Clinton Development Initiative — to a bewildering alphabet soup of UN organizations,
Edited by stocks, 21 October 2016 - 03:59 AM.