EuropeanConservative.com

The European Parliament has approved a directive that will severely limit the use of cash. 

Under the directive, ostensibly aimed at curbing money laundering and the funding of terrorism, anonymous cash payments over €3,000 will be banned in commercial transactions. In business transactions, cash payments over €10,000 will be completely banned. Anonymous payments in cryptocurrencies will also be completely banned. 

“Under the guise of combating money laundering, you are actually waging a war against cash which has protected our financial privacy since time immemorial,” said German Pirate Party MEP Partick Breyer—one of the few opponents of the measure—during the plenary session. 

Twitchy.com

This is not the first time we've heard of banks engaging in shady practices concerning Americans' civil liberties. Remember the feds asking banks to look into purchases of things like Bibles, and Bank of America -- who we will talk about here -- gave the FBI a list of anyone who made a transaction in DC between January 5-7, 2021.

Now they've shut down the accounts of John Eastman, a former attorney of President Trump: both Bank of America and USAA, for reasons unknown.

WND.com

The Bank of America is being warned, in a letter from authorities in 15 states, to start treating customers fairly.

Or face consequences.

The issue is described in a letter, authored by Kansas Attorney General Kris Kobach and joined by many others, to bank chief Brian Moynihan.

It’s over the bank’s practice of “de-banking,” or simply shutting down the accounts and banking rights, of various people and groups with whom to bank disagrees.

The letter, bearing the signatures of officers from Alabama, Arkansas, Idaho, Indiana, Iowa, Mississippi, Missouri, Montana, Nebraska, South Carolina, South Dakota, Texas, Utah and Virginia, too, calls on Moynihan to deliver, within 30 days, a report about his “account-cancellation policies and practices,” his “risk tolerance,” “reputational risk,” “hate” and “intolerance perspectives, and “whether Bank of America considers a customer’s speech or religious exercise—or public perception or other groups’ perception of them—as a component of those policies.”

The letter told Moynihan, “It is nearly impossible to function today as an individual, family, or organization without a bank account, a credit card, and the ability to obtain a loan. Federal and state governments recognize the necessity of these kinds of financial services, which is why they have passed numerous laws to prohibit various types of discrimination in the past. It is also why national banks like yours receive bailouts and many other privileges, courtesy of the American taxpayers.”

Mises.org

Suppose you bring a fur coat to a dry cleaner and later discover that the owner allowed his wife to wear it before cleaning it (an episode from Seinfeld). Or suppose you gave your car keys to a hotel valet and was told he lent your car to teenagers who took it for a joyride while you were sleeping at the hotel. You would not be too happy and for good reason. When you surrendered your clothes or your car keys, it was a bailment. You retained ownership and gave the clothes or car keys for safekeeping. In no shape or form did you surrender ownership of the items or lend out your property.

Suppose you lived in the eighteenth century and had a hundred ounces of gold. It’s heavy, and you do not live in a safe neighborhood, so you decide to bring it to a goldsmith for safekeeping. In exchange for this gold, the goldsmith gives you ten tickets on which are clearly marked as claims against a total of ten ounces. Now, gold is heavy and burdensome to carry, so in a short period of time, those claims will start circulating in place of gold. This is the creation of near monies. This doesn’t mean you have given up your ownership claims on gold but have instead used a simpler way of transferring ownership on this gold.

What were the causes and consequences of the American invasion of Haiti in 1915?

Resources exist that are said to be the property of society as a whole, things like water and air. Money should be one of those community resources.

Money is required to create and maintain a healthy, prosperous economy. Money should not be a privatized resource any more than water or air should be. One of the main reasons we establish government in the first place is we all need a way to protect the common resources from exploitation by selfish individuals. One of the most important duties of government is to provide a sound (honest) monetary system for the benefit of all not just a greedy few.

Last week I covered the fraud of "fractional reserve banking," the nifty little rule that bankers made up that allows them to claim they have SUBSTANTIALLY more money than they have. For example, if a banker has a million dollars in customer deposits, he gets to say he has ten million dollars. A banker can create nine extra million dollars just by making journal entries. Bankers do nothing to earn that nine million. They just say they have it and we allow them to get away with it. For those of you who missed last week's article, you can read it here.

This is the last in a series written on the workings of our fraudulent banking system. You can find part one here called, "You Can't Bank on the Bankers." You can find part two here called "The Single Largest Crime In World History . . . Bankers steal the sovereign right of nations to create money."

MONEY . . . it's arguably one of the most important resources in our lives and yet most of us have no idea what it really is or more importantly what it's supposed to be. Money is supposed to be a medium of value that allows for a free exchange of goods and services. Money can be anything people commonly recognize as valuable and desirable. Commodities like gold and silver have been used because they have always been recognized as being valuable, relatively rare, durable, easily divisible and readily accepted in exchange for goods and services. The basic idea of money is that it has tangible value that everyone will accept as payment for other items of value.

The author of The Creature from Jekyll Island; A Second Look at the Federal Reserve addresses such issues as: What is the Federal Reserve System? Who drafted the plan for the Fed and when did it occur? How is money created? What impact has this had on the American Dollar? Should our currency be backed by gold or silver? Where does Congress get most of its funding? – and much more.

This is an interview with Whitney Webb who reveals what's really going on in the world of Bitcoin and cryptocurrencies and why things are not as they seem.  Whitney outlines the underlying plans to use Bitcoin and cryptocurrencies to control the supply.  She discusses why cryptocurrencies will soon be used to destroy the value and privacy that has elluded governments until now.  She says we are witnessing the collapse of the fiat money system.

The Great Depression was a well-executed plan to seize assets, impoverish the population, and remake society. What comes next is worse..

A recent book by David Webb sheds new light on exactly what happened during the Great Depression. In Webb’s view, it was a set up.

Webb is a successful former investment banker and hedge fund manager with experience at the highest levels of the financial system. He published The Great Taking a few months ago, and recently supplemented it with a video documentary. Thorough, concise, comprehensible and FREE. Why? Because he wants everyone to understand what’s being done.

If you haven’t read “The Great Taking” or watched the documentary, I recommend you pour yourself a stiff drink and watch it now: