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Paul Hayden

Why is the Coming Cashless Society a Bad Thing?

May 20, 2019

I can answer that with two phrases:

1) Loss of Privacy
2) Increased Government Control

Cash is the last bastion of privacy in our society. With cash you and a friend can engage in a totally innocent - and totally private transaction. But the government doesn't want that. What if you sold your friend a lawn mower? And what if you made a profit on it? The government wants to know.

Why else are they making it so difficult to use cash? Why do you have to fill out forms that your bank will send to the government if you withdraw a certain amount of your own cash from your own bank account?

Supposedly this is to crack down on crime. But that is a bogus excuse. Sophisticated criminals have expensive lawyers and accountants who create legitimate businesses through which illicit cash can be laundered. And criminals move truckloads of cash across our borders. The real reason for stripping us of our privacy is control.

I read a novel about a TV journalist whom the government thought might have discovered a secret illegal government program. So they tracked him through the use of his plastic. "He just got a Starbucks." "He walked a block down Third and bought a T-Shirt." "He just took a cab to Grand Central Station." "He bought a train ticket to Philadelphia. Check his phone and see who he knows there."

Too far-fetched? Not at all. The technology exists to track your every move through the use of your credit or debit cards. It's easy - and it's made easier by the fact that many people don't even carry cash anymore.Are they tracking you right now? Probably not. Currently, it would take too many resources. But soon they will automate it, and then it will be easy to store all your movements - just in case. The NSA is already doing it with every phone call, storing the data on its acres of server farms in Bluffdale, Utah.

In his article, "The NSA is Building the Country's Biggest Spy Center", researcher James Bamford revealed some amazing facts about the Million Square Foot, $2 Billion Utah Data Center. "Flowing through its servers and routers and stored in near-bottomless databases will be all forms of communication, including the complete contents of private emails, cell phone calls, and Google searches, as well as all sorts of personal data trails—parking receipts, travel itineraries, bookstore purchases, and other digital “pocket litter.”

Make sure that you always keep some cash on hand. But since it is likely that cash will eventually be demonetized by the government or that hyperinflation will make cash worthless, make sure you also own Precious Metals like Gold and Silver.

FOR MORE INFORMATION, watch the VIDEO "The Death of Cash"

To learn how to protect your assets from a financial upheaval, visit: www.GoldenArtTreasures.com 

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Dr. Tom Barrett is a pastor, teacher, author, conference keynote speaker, professor, certified executive coach, and marketplace minister. His teaching and coaching have blessed both church and business leaders. He has been ordained for over 40 years, and has pastored in seven churches over that time. Today he “pastors pastors” as he oversees ordained and licensed ministers in Florida for his ministerial fellowship.

He has written thousands of articles that have been republished in national newspapers and on hundreds of websites, and is a frequent guest on radio and television shows. His weekly Conservative Truth article (which is read by 250,000) offers a unique viewpoint on social, moral and political issues from a Biblical worldview. This has resulted in invitations to speak internationally at churches, conferences, Money Shows, universities, and on TV (including the 700 Club).

“Dr. Tom,” as his readers and followers affectionately refer to him, has a passion for teaching, as you can see from his ministry website (www.ChristianFinancialConcepts.com); his patriotic site (www.ConservativeTruth.org); and his business site (www.GoldenArtTreasures.com). Tom's friend Dr. Lance Wallnau wrote of him, "Tom Barrett is a Renaissance man with a passion for subject matter ranging from finance to theology and American history."
Visit Dr. Tom Barrett's website at www.DrTom.TV