http://www.cbsnews.com/8301-202_162-57399610/sweden-moving-towards-cashless-economy/
THE REST SHOULD FOLLOW AND IT SEEMS SWEDEN IS THE PLACE TO BE...Lucky BEN-ORION the Creator of this site who is based in Sweden
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It's actually worse, they will use more credit cards, wich is the best way for them to scam, also, there always been more electronic money than printed paper since the computarization of the bank...
Hmmmm. Thanks Solarkid.. Thats very true. Have to keep my eyes open then..
It all depends on who's controlling the cash/cards. This sort of reminds me of the Cabal plans to have everyone chipped w/ an RFID (radio frequency identification). This would be extremely bad news btw... The bankers in charge, could theoretically, shut you off (your chip) and bascially you would not exist from a money standpoint. This also makes it much easier for "bubble money" type currencies. They can just type however many zeros into a computer they want. This is what (and not limited to) our new finiancial system is supposed to stop. So, this would need to be some kind of preciuos metal backed system or some other system of backing such as, service, crops of value, etc. The privacy issue here could get ugly too as not everyone should have a paper trail (or electronic trail) of what they are spending money on. My 2 cents :)
Millenia? just how old are you? lmao!
This system means nothing. They "the banksters" still control it. Inflation will continue as the fractional system is still operational. Using currency of any type is always best. Barter system will always be the fallback.
its still a monetary economy even if its cashless.. nothing significant here...
It may be moving to cashless, but the monetary system still exists in sweden because people have to pay using cards.
Over here in London, not many of us (i or my friends) carry cash... its all cards / cards and they abolished the cheque system here,
so... we got a little way to go before the usage of money buggers off!
Thanks for sharing Kalki
Yes I agree. It is not cashless, they are just using Electronic money. It is PHYSICAL NOTE/COINS less, but still very much runs on the same economic ideas and values.
This makes it for them to easier track ALL transactions, as cash transations can't be tracked, but credit card payments can.
Maybe this is good, maybe this is bad, time will tell.
The important point is that they are trying to do away with money ...which should happen soon as in 2012 some new system is bound to come up
JUST THINK NO MORE PRINTING MONEY AND NO MORE MINTING COINS....SO MUCH SAVING
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