Globalist ban on $100 bill Next Step to Cashless Society
Leo Hohmann Harvard economist Larry Summers says “it’s time to go after big money,” and he wants to start by banning the $100 bill. But critics say he and other globalist elites may have an ulterior motive for such a move.
Summers is a member of the elitist Trilateral Commission, co-founded in 1973 by David Rockefeller and Zbigniew Brzezinski, and has operated at the highest echelons of global finance.
The argument being parlayed by global elites is that high-denomination bills are often used by crime syndicates and terrorist cells.
But Wood, an Arizona-based economist, says eliminating the $100 bill has little to do with fighting terrorism or crime and everything to do with continuing to chip away at the availability of cash.
Wood said the cashless society has long been an item on the checklist of global bankers. It’s also a key element of the burgeoning global technocracy that is tightening its grip on the world.
“Technocracy” is a term more Americans should familiarize themselves with, he said. That’s because it is technocracy – not communism or fascism – that the elites envision as their data-driven lever of control over the human race.
Consumers who operate with cash do not leave behind a digital trail and are thus not as transparent in where they go and what they are doing.
Peter Sands, the former head of Standard Chartered Bank and now senior fellow at the Harvard Kennedy School, published a paper stating that eliminating high-value notes that are “rarely used” would help deter tax evasion, financial crime, terrorism financing and corruption, CNBC reported.
Most of the benefits of being included in the cashless system will be on the monetary side.
“If they include that in the system, that bank account will become a point of control over you, because without it you will not be able to buy or sell,” Wood said. “So if they say you are not worthy to buy or sell in our society and there’s no other mechanism, you are going to be greatly disadvantaged.”
Read more at http://www.wnd.com/2016/04/globalist-ban-on-100-bill-next-step-to-cashless-society/#IbVXbHcYPGwRHP3I.99