💲Please understand what NOT using cash is doing. Cash is important. 💸 Why should we pay cash everywhere we can with banknotes instead of a credit card? 💳 - I have a $50 banknote in my pocket. Going to a restaurant and paying for dinner with it. The restaurant owner then uses the bill to pay for the laundry. The laundry owner then uses the bill to pay the barber. The barber will then use the bill for shopping. After an unlimited number of payments, it will still remain a $50, which has fulfilled its purpose to everyone who used it for payment and the bank has jumped dry from every cash payment transaction made... - But if I come to a restaurant and pay digitally - Card, and bank fees for my payment transaction charged to the seller are 3%, so around $1.50 and so will the fee $1.50 for each further payment transaction or owner re laundry or payments of the owner of the laundry shop, or payments of the barber etc..... Therefore, after 30 transactions, the initial $50 will remain only $5 😫 and the remaining $45 became the property of the bank 🏦 thanks to all digital transactions and fees. Small businesses need your help and this is one way to help ourselves too. Pull small draws of cash out at a time and use that instead of tap, credit, etc. When this is put into perspective, imagine what each retailer is paying on a monthly basis in fees at 3% per transaction through their POS machine. If they have, for example, $50,000 in sales & 90% are by Card, they are paying $1500 in fees in ONE Month. $18,000 in a year! That comes out of their income every month. That would go a long way to helping that small business provide for its family!🏦♥️"

Please understand what NOT using cash is doing !!! Cash is important! Why should we pay cash everywhere with banknotes instead of a card? - I have a $50 banknote in my pocket. Going to a restaurant and paying for dinner with it. The restaurant owner then uses the bill to pay for the laundry. The laundry owner then uses the bill to pay the barber. The barber will then use the bill for shopping. After an unlimited number of payments, it will still remain a $50, which has fulfilled its purpose to everyone who used it for payment and the banks have profited nothing from each cash transaction made... - However, if I come to a restaurant and pay digitally - Card, and bank fees for my payment transaction charged to the seller are 3%, so around $1.50 and so will the fee $1.50 for each further payment transaction or owner re laundry or payments of the owner of the laundry shop, or payments of the barber etc..... Therefore, after 30 transactions, the initial $50 will remain only $5 and the remaining $45 became the property of the bank thanks to all digital transactions and fees Small businesses need your help and this is one way to help ourselves too. Pull small draws of cash out at a time and use that instead of tap, credit, etc. When this is put into perspective, imagine what each Retailer is paying on a monthly basis in fees at 3% per transaction through their POS machine. If they have, for example, $50,000 in sales & 90% are by Card, they are paying $1500 in fees in ONE Month. $18,000 in a year! That comes out of their income every month. That would go a long way to helping that small business provide for its family!

https://world-signals.com/news/2022/04/10/a-simple-observation-found-morgellons-on-various-surfaces-even-on-banknotes/ #banknotes #science #study #research #morgellons #morgelon #canada #masks #freespeech #truth

https://medforth.biz/eu-politician-would-like-to-see-faces-of-biontech-founders-on-banknotes/

Earlier this month, the World Economic Forum, an NGO based in Switzerland, announced plans for a twin summit to be held at the start of next year. The theme of the event? The Great Reset. According to the WEF, “‘The Great Reset’ is a commitment to jointly and urgently build the foundations of our economic and social system for a more fair, sustainable and resilient future. It requires a new social contract centred on human dignity, social justice, and where societal progress does not fall behind economic development.” In the announcement, they argued that the pandemic had exposed deep rifts within society and exacerbated pre existing issues regarding race, health care, inequality, the economy, and our world at large. Climate change, international cooperation, and responsible technological development are just a few of the topics the summit plans to address. However, this announcement is not as it first appears, and bears a second look. Justified as a response to the chaos caused by the pandemic, this idea of a global currency reset has actually been floating around for more than six years. In this video, we are going to outline the ways in which the World Economic Forum and other international organizations have been building towards a currency reset since 2014, going year by year in order to explain how we got here and the deeper implications behind this recent report. “Globalization 4.0 has only just begun, but we are already vastly underprepared for it. Clinging to an outdated mindset and tinkering with our existing processes and institutions will not do. Rather, we need to redesign them from the ground up, so that we can capitalize on the new opportunities that await us, while avoiding the kind of disruptions that we are witnessing today,” said Schwab last year. “Ready or not,” he warned, “a new world is upon us.” Five months after the WEF annual meeting, the Bank for International Settlements (BIS) unveiled the BIS Innovation Hub, a project meant to move towards a New World Order. The BIS is the bank for central banks, an international financial institution designed to facilitate international cooperation on monetary issues. They described their new project as a way to research technology’s impact on central banking, to “develop public goods in the technology space geared towards improving the functioning of the global financial system,” and to gather a group of central bank experts and encourage new ideas and innovations. The language was hardly subtle. When launching the hub, BIS General Manager Agustin Carstens used phrases such as “reshaping the financial landscape” in response to “the scars left by the financial crisis.” According to Carstens, the central banking world needed a dramatic restructuring. When taking a deeper look into the project, the core of it appears to be the creation of a central bank digital currency, which would allow for long standing legal tender like banknotes and coins to be pushed out in favor of digital currencies distributed by the central banking system. As cryptocurrencies rise in popularity and in use, more individuals may begin to consider the risks and weaknesses of traditional fiat currencies that are not backed by gold or silver. Some experts are already predicting that the US dollar, which has served as a global reserve currency since World War II, will crumble. Its position as a global reserve currency gives the United States significant economic and political leverage, including such benefits as lower borrowing rates from other countries, which positively impacts both the government and the American population. If the dollar is displaced, the economic strain already weighing on the US will intensify exponentially. But like it or not, the way we exchange money worldwide is increasingly moving towards blockchain technology and digital currencies. The unstable political climate and the havoc wrought by the ongoing pandemic (particularly the belief that paying with physical cash is a potential safety risk) have made it easier than ever for organizations like the WEF and BIS to push their agendas to reform the central banking system and the world’s financial infrastructure as a whole. https://www.youtube.com/watch?v=7J2F-UUgMmQ

COMMUNIST CHINESE THREAT China's Crypto Is All About Tracing — and Power Beijing will come out of the coronavirus crisis with a big first-mover advantage in official digital currency. By Andy Mukherjee - May 24, 2020, The coronavirus has disrupted the world in very large ways. While that battle has been waged, however, another event has almost been missed: the birth of a new kind of fiat currency, which could forever reshape the relationship between money, economic power and geopolitical clout. An official Chinese digital yuan, more than five years in the making, is now in pilot runs to slowly start replacing the physical legal tender. If the experiment succeeds, this new cash, valued the same as the familiar banknotes bearing Mao Zedong’s image, will become the world’s first sovereign token to reside exclusively in the ether. The trials are taking place just as the blame game around the coronavirus deepens mistrust between the U.S. and China. With President Donald Trump warning that Washington would respond if Beijing intervenes against protests and democratic movements in Hong Kong, chances of a detente from last year’s trade war are fading. Outside the People’s Republic, the big question is if the digital yuan is a challenger to the dollar. Within China, though, there’s a more mundane explanation for why Beijing wants to turn banknotes in circulation into virtual tokens. Chinese consumers have bypassed both computers and credit cards to embrace mobile payment apps, which have gone on to spawn large money-market funds investing in high-yielding wealth-management products. This has led to the accumulation of risks in opaque shadow banking. Bringing them out in the open requires a leg up for traditional lenders in payments, an area where financial technology has left them far behind. The digital yuan, which will be pushed out to consumers via banks, seeks to restore this missing balance; it will allow authorities to “regulate an overstretched debt market more effectively,” says DBS Group Holdings Ltd. economist Nathan Chow. Mobile Has Won Over Paper China's cash intensity measured as a ratio of currency in circulation to broad money has gone below 5% as people prefer to use payment apps on phones Source: Bloomberg *The annual spikes represent cash demand during Lunar New Year celebrations Still, there’s also a power play. It isn’t a coincidence that China’s project picked up speed last year as Facebook Inc. announced Libra. The proposed stablecoin promised to hold its value against a basket of major official currencies rather than gyrating wildly like Bitcoin. When it looked like regulators in the U.S. and elsewhere would nix this synthetic global cryptocurrency, the Libra Association curbed the scope of its undertaking. But the idea of “a regulated global network for cost-effective retail payments,” as described by Singapore state investor Temasek Holdings Pte, a new member of Libra’s Geneva-based governing body, remains alive. For Beijing to shake the dollar’s hegemony, it has to pre-empt Silicon Valley from taking the pole position. Hence the hurry for China’s test runs. According to media reports, half the May transport subsidy for Suzhou municipal employees will be in the form of digital currency electronic payment, or DCEP, as it’s being called in the absence of a catchier moniker. The pilot plan in Xiong’an, a satellite city of Beijing, includes coffee shops, fast food, retailers, theaters and bookstores, Goldman Sachs Group Inc. has noted. The other trials are reserved for Chengdu and Shenzhen. read on... https://www.bloomberg.com/opinion/articles/2020-05-24/china-s-yuan-will-exit-covid-19-with-a-big-digital-currency-lead