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Australia is rapidly becoming 'cashless society' shunning all physical currency
The world continues moving rapidly towards “cashless” societies, shunning physical currency in exchange for an electronic financial system that can literally be turned on and off by governments at will as a means of controlling their people.
When the U.S. and the world got off the gold standard in the early 1970s, the move towards fiat currency dramatically accelerated, as did the accumulation...
China Reveals Digital Yuan with Expiry Date where People are Forced to Spend and not allowed to Save
China is experimenting with digital money with an expiration date, meaning that citizens will be forced to spend and not save.
The “digital yuan” could usher in an era of total population control as people who aren’t allowed to save money will be more dependent on the government.
“Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a...