Which is why our own society has been steadily moving towards this end. Between direct deposit of paychecks, etc. and the ubiquitous credit/debit cards, a lot of people don’t even bother with cash anymore. Very few young people write checks anymore, or even have a checkbook. And then there is the incredible madness of “automatic payments”, where people give companies access to their bank accounts for bill payments.
I’m not a conspiracy theorist (but I’m getting closer), or I’d think that this was all a move towards getting people to lose their concept of what “money” is and what the real value of money is.
Me, I like cash. In the UK now there are money laundering laws. If you pay cash for something with more than, (I think), £10,000 you are reported to the Government. The same if you pay cash into your bank account. (The excuse is that this is preventing terrorism, except that terrorists don’t seem to have been prevented by it).
It’s all rather like all the pension legislation the Government brought in, that has tortured everybody else but doesn’t seem to have caught even one baddie.
Or the gun legislation that deprived everybody of their guns, (those who had them), and didn’t stop people stabbing each other or, while we’re at it, shooting each other.
Is there a pattern here?
It’s the same here. Banks have to file a report every time $10,000 or more in cash goes in or out, and they often don’t want the bother. (Is a pound still worth more than a dollar?)
But they’ve gone one better here. There’s the offense of “structuring”, which is when you break a large lump of cash into smaller lumps to avoid the reporting law. Or when the IRS _thinks_ you did. Grocers have had their bank accounts seized because they made daily deposits of several thousand dollars – the cash receipts from the business.
Which is why our own society has been steadily moving towards this end. Between direct deposit of paychecks, etc. and the ubiquitous credit/debit cards, a lot of people don’t even bother with cash anymore. Very few young people write checks anymore, or even have a checkbook. And then there is the incredible madness of “automatic payments”, where people give companies access to their bank accounts for bill payments.
I’m not a conspiracy theorist (but I’m getting closer), or I’d think that this was all a move towards getting people to lose their concept of what “money” is and what the real value of money is.
Me, I like cash. In the UK now there are money laundering laws. If you pay cash for something with more than, (I think), £10,000 you are reported to the Government. The same if you pay cash into your bank account. (The excuse is that this is preventing terrorism, except that terrorists don’t seem to have been prevented by it).
It’s all rather like all the pension legislation the Government brought in, that has tortured everybody else but doesn’t seem to have caught even one baddie.
Or the gun legislation that deprived everybody of their guns, (those who had them), and didn’t stop people stabbing each other or, while we’re at it, shooting each other.
Is there a pattern here?
It’s the same here. Banks have to file a report every time $10,000 or more in cash goes in or out, and they often don’t want the bother. (Is a pound still worth more than a dollar?)
But they’ve gone one better here. There’s the offense of “structuring”, which is when you break a large lump of cash into smaller lumps to avoid the reporting law. Or when the IRS _thinks_ you did. Grocers have had their bank accounts seized because they made daily deposits of several thousand dollars – the cash receipts from the business.