That's why they want to get rid of Cash you know that right?
(media.greatawakening.win)
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Cash is still monopoly money, but at least it's on something physical. Gold, silver, bartering, and crypto (if you don't put all your eggs in the basket) are freedom. Cash is however infinitely less harmful than a CBDC would be.
It WAS something physical. At this rate, it will soon be worth no more than the paper it's printed on.
Wealthy people who really understand money, Trump included, are almost always cash broke. Case in point, Trump had to scramble to come up with his bond. The man is worth no less than $5B and a small fraction of that is in the form of cash, most likely earmarked as business operating capital.
You might take comfort in your federal reserve notes, but I never will. My hope is we go back to gold and silver backed money.
Yes, Assets - Investments & Write Offs,… is how you accumulate Wealth..
Make your money work for you, instead of working for your money… (I learned this under the Trump Administration)
I know it's only paper but it's at least paper that can be hidden or traded anonymously, as opposed to a CBDC. I'm only pointing out that it is a big difference even if both have no inherent value.
Unless we go to gold/silver backed we won't have real money.
Reintroduce Kennedy’s plan to end the federal reserve and use US notes instead. Much harder to do when you’ve ended all paper currency.
Serious question:
Is there any real difference between United States Notes and gold/silver certificates?
The note is a simple receipt for gold or silver. That's all. Not complicated and such a receipt can be affected between to people like a contract if they want to and trust each other. Or, people can just exchange gold or silver between them. Tax man doesn't like it but that's why they got rid of it. It's a complet lie there isn't enough gold to back currency. Golds value is based on currency circulated. If you a Want to print 20k and back it with one ounce of Gold then you just determined the price of your gold. Now people will have to learn to price what is purchased accordingly. Currently most things are priced many times more than they are worth because a dollar is worth 2 cents. Everything should be devalued once a dollar is 100 cents again.
From what I can find, I’m not seeing a difference.
"Fiat" money is a few steps higher than Monopoly money. The fractional reserve banking system utilizing fiat money sure has lifted a lot of humanity out of poverty tho
spending cash gives the merchant the full value of the transaction instead of a percentage of it going to a credit card company
It's amazing how people are oblivious to this.
The car wash I have taken my vehicles to for the last 10 years or so recently went cashless. I told them to fuck off they lost a customer.
I always carry cash and force people to accept it when I can. It is legal tender for all debts and obligations. By refusing to accept it they are painting themselves as traitors.
All you are spending is a different form of rothchild bucks. They own them, print them from nothing and loan them into the system devalued to 2 cents on the dollar. Unless you are spending precious metals you aren't even using money.
cant we just have cash backed by crypto backed by gold?