Cashless society very soon

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  • John_

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    I think the point is if the US went to a cashless system, the value of the dollar could drop here, making the dollar much less useful. Its value would change based on supply and demand rather than stay relatively stable. You can sell your lawn mower for $60 cash but it you didn’t know if you could spend the $60, is that something you would want to do? If you can’t spend the cash, you’d have pretty much given the lawn mower away.


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    There will never be a totally cashless society in the US in our lifetime. Just isn't gonna happen. Like someone else mentioned earlier there are quite a few americans who don't even have a checking account, much less a credit card. They live in cash, or money orders. People who are financially irresponsible, owe debts or judgements, or just cannot manage their finances. People who if they did have a bank account, it would be seized or garnished.

    I bet prob 5% of the US adults do not have a bank account right now. Much less a CC or debit card. Cash only.
     

    John_

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    A lot of people did not receive a $1200 check or direct deposit from the feds (covid stimulus payment) because they exist on cash only, or owe back child support or court judgements. Lotta deadbeats out there.
     

    GunRelated

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    Perez, he doesn't have any proof of this, just silly innuendo on a forum. They have so many tin foil hat members here it's freakin comical.

    Give us some names, gov officials who sanction/trade/market illegal drugs into the US. Surely you can provide some proof of this.
    There have been many examples of US government being involved in the trafficking of narcotics.
     

    GunRelated

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    Ross didn't work for any state or federal government. Try again. How about some government officials involved in large drug dealing in the last 20 years?
    He was being supplied and enabled by the CIA....
     

    GunRelated

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    Also, you can't just say, 'oh, well those incidents are decades old, I'm sure they don't do that anymore.'
    What sense does that make?
     

    John_

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    There have been many examples of US government being involved in the trafficking of narcotics.

    Also, you can't just say, 'oh, well those incidents are decades old, I'm sure they don't do that anymore.'
    What sense does that make?

    You have not proven a single case supporting your statement except maybe Ollie North. And that was 32 years ago.

    But its widespread like you say........
     
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    GunRelated

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    Same thing here, Barry Seal never worked in government. Boy your examples sure are lacking.

    - - - Updated - - -



    Got a link to a reputable article or citation documenting this?
    Listen to the man himself. I mean, if you want to keep your eyes closed and pretend these things don't happen, that's on you. It's not someone's else's responsibility to change your mind, read between the lines.
    https://youtu.be/xZ1xDnuUM5Q
     

    GunRelated

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    You have not proven a single case supporting your statement except maybe Ollie North. And that was 32 years ago.

    But its widespread like you say........
    I guess the Contras example didn't happen either. All good, we were all just yanking your chain, the government would never do such things.
     

    John_

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    I guess the Contras example didn't happen either. All good, we were all just yanking your chain, the government would never do such things.

    There have been many examples of US government being involved in the trafficking of narcotics.

    You have come up very very short on evidence to support your original claim. I had to re-read the Iran Contra Affair details involving North. It was firearms and cash, no mention of drugs. Oliver North was not trafficking or selling illegal drugs. So no valid examples of the US government dealing/marketing/ trafficking drugs.
     
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    thperez1972

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    There will never be a totally cashless society in the US in our lifetime. Just isn't gonna happen. Like someone else mentioned earlier there are quite a few americans who don't even have a checking account, much less a credit card. They live in cash, or money orders. People who are financially irresponsible, owe debts or judgements, or just cannot manage their finances. People who if they did have a bank account, it would be seized or garnished.

    I bet prob 5% of the US adults do not have a bank account right now. Much less a CC or debit card. Cash only.

    I agree. But if cash is not accepted at any retail stores and the government stops printing it, cash will certainly lose its value.
     

    jdindadell

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    I say again, how can the government possibly track this? If I sell my second hand lawn mower to my neighbor for $60 cash, how does the state or government know of the sale to collect taxes?

    Ditto if i sell say a pair of speakers or tv on craigslist. How will these tax collectors you allude to, know of the sale?

    The gov't knows when you sell your second hand car... They whipped up a whole industry to figure that out and then got their boys a sweet deal by requiring insurance...

    Maybe they will institute a "lawn mower" registration, use the fact that their are millions of those filthy little carbon monoxide spewing critters out there just ruining our environment, cause it is all about the kids. Then you might have to take your mower down to the local dealership and have it "inspected" yearly and "certified". And when it comes time to sell it you would certainly want you name off it, just in case the guy who buys it runs over a nun or a non-binary person. Don't want to get sued.

    If the powers that be want something done it will happen, not immediately but it will happen. Seeing the steps on the way to the finished product is imperative.

    Have a look at the UK if you would like some solid info on this. Before digital tv, they actually had people roaming the streets looking for wall mount tv antennas. If you had one and you were not paying the tv tax, well you were committing a crime of some sort. Same with road tax and a bunch of others. They have a MOT car inspection that is done yearly, and requires a basically perfect car condition to pass. No pass, no drive, period. Thats what socialism is good for, keeping the peasants in check!!!
     

    jdindadell

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    Ross didn't work for any state or federal government. Try again. How about some government officials involved in large scale drug dealing in the last 20 years?

    Eric Holder.....

    Giving guns to drug cartels sounds like involvement to me. And the reasons stated were pretty shaky on the best day.
     

    jdindadell

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    You have come up very very short on evidence to support your original claim. I had to re-read the Iran Contra Affair details involving North. It was firearms and cash, no mention of drugs. Oliver North was not trafficking or selling illegal drugs. So no valid examples of the US government dealing/marketing/ trafficking drugs.

    Sounds like you have a hard time believing that the US gov't might be involved in anything "below board"...

    The "war on drugs" gives the feds a large leverage on tax spending. Gov't likes being big and important. A new alphabet agency is like a blank checkbook, with an awesome retirement scheme. Not saying we don't need these agencies, and not saying that all involved are crooks, but corruption is universal. Do you think all of the hired help (politicians and bureaucrats) are always 100% in the right and doing all they can to be honest and truthful?

    I can't be bothered to look it up, but wasn't there a Tom Cruise movie in the last 5yrs or so where he was a pilot that was recruited by the CIA or ? to run drugs or money? Pretty sure that was based on a true story. And crack was supposedly imported into the inner cities to widen the race gap, not sure about that one but I have heard it. Might be an urban legend? Would not surprise me either way. Drugs are big money, I read a thing that Kennedy was "removed from office" by the mob due to his increased pressure on organized crime, even after the mob was supposedly instrumental in him winning in certain areas. Then Johnson throttled back on that pressure after he took office... Food for thought. Will we even know the real truth, probably not. Just follow the money, and drugs produce a lot of money. Not just for the guy running the cartel...
     
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