Tuesday, 07 February 2017
EU Seeks Cash Limits in Push for Orwellian “Cashless Society”
Written by Alex Newman
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EU Seeks Cash Limits in Push for Orwellian “Cashless Society”
As the establishment's global push for an Orwellian “cashless society” kicks into high gear, the European Union is pursuing a plan to impose limits on cash transactions as the next phase in the war on cash. The goal, according to the unelected EU bureaucrats behind the plot, is to fight “anonymity” in economic transactions — or, said another way, to crush privacy and give authorities the power to monitor every exchange. Amid a United Nations-led effort to sideline cash and privacy around the world, the EU's anti-cash move follows similar schemes by a number of national governments within and beyond the EU in recent years. However, as the effort picks up steam, critics are lambasting the controversial agenda from all angles, highlighting the dangers of the plan and the huge threat it poses to privacy, freedom, and real human rights.
Under the proposed EU scheme, limits would be placed on cash transactions across the bloc, effectively banning any anonymous exchanges over a specified value. “Cash has the important feature of offering anonymity to transactions,” complain the EU bureaucrats behind the push in a section of their proposal outlining the supposed “problem” that their plot aims to tackle. “Preventing the anonymity linked to cash payments is the main driver," they continue. The document acknowledges that, because the objective is to “prevent the anonymity that cash payments allow,” the scheme “might be viewed as an infringement of the right to privacy.” But the unelected bureaucracy dismisses those concerns because the EU's “charter” allows rights to be trampled if the trampling is alleged to be “necessary” to “meet objectives of general interest recognized by the Union.”
https://www.thenewamerican.com/world-news/europe/item/25326-eu-seeks-cash-limits-in-push-for-orwellian-cashless-society
