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Author Topic: People in Sweden Now at Risk of Losing Access to Notes  (Read 337 times)

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Offline driftdiver

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People in Sweden Now at Risk of Losing Access to Notes
« on: February 28, 2018, 03:13:19 pm »
https://www.bloomberg.com/news/articles/2018-02-28/swedes-now-at-risk-of-losing-access-to-cash-in-parts-of-country

People living in the world’s most cashless society may soon lose their access to notes and coins.

To avoid that extreme scenario, Swedish cash-handling provider Loomis AB wants authorities to force banks and retailers to continue accepting cash.

The warning follows similar calls from the Swedish central bank, which is worried that the rapid disappearance of cash will ultimately lead to the disintegration of the infrastructure needed to use notes and coins and undermine its task to promote a safe and efficient payment system.

“We have to have cars, vaults and all that, and in order to maintain the infrastructure we also need a base volume,” Loomis Chief Executive Officer Patrik Andersson said in an interview.
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Offline driftdiver

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Re: People in Sweden Now at Risk of Losing Access to Notes
« Reply #1 on: February 28, 2018, 03:25:42 pm »
So once they ban the use of paper money they will be able to control every dime we spend and make.

So when Obama pushed through regulations prohibiting certain types of businesses from accepting credit cards.  Once the cashless economy happens they can prevent us from buying what they dont want us to buy.

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Offline INVAR

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Re: People in Sweden Now at Risk of Losing Access to Notes
« Reply #2 on: February 28, 2018, 03:30:13 pm »
Quote from: driftdiver on February 28, 2018, 03:25:42 pm
So once they ban the use of paper money they will be able to control every dime we spend and make.

So when Obama pushed through regulations prohibiting certain types of businesses from accepting credit cards.  Once the cashless economy happens they can prevent us from buying what they dont want us to buy.

The technological mechanism the Beast uses to prohibit anyone making a living unless they have the mark of thinking and acting as the Beast requires.
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...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775

Offline LauraTXNM

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Re: People in Sweden Now at Risk of Losing Access to Notes
« Reply #3 on: February 28, 2018, 08:23:36 pm »
Quote from: driftdiver on February 28, 2018, 03:25:42 pm
So once they ban the use of paper money they will be able to control every dime we spend and make.

So when Obama pushed through regulations prohibiting certain types of businesses from accepting credit cards.  Once the cashless economy happens they can prevent us from buying what they dont want us to buy.

I missed this!  What businesses can't accept credit cards???
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Offline driftdiver

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Re: People in Sweden Now at Risk of Losing Access to Notes
« Reply #4 on: February 28, 2018, 09:01:16 pm »
Quote from: LauraTXNM on February 28, 2018, 08:23:36 pm
I missed this!  What businesses can't accept credit cards???

@LauraTXNM

Theyy passed regulations on undesirable companies which meant banks refused to work with them.

Many firearm dealers had their accounts closed.   Payday loan companies and a couple others.

Legal commpanties but not wanted under Obama

Between the banking difficulties and other regulatory hurdles he pushed about 75% of licensed firearm dealers out of business.  At least that's the numbers I saw
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