Quote:
Originally Posted by artvision
Look what's planned to happening in Japan, Benjamin's residence country. If this is coming just to give more credit to my opinion, i don't know:
Central bankers in Japan are mulling the abolition of cash. Richard Jerram, a senior economist with Macquarie bank, told investors that “the proposal has become practical with the broad penetration of electronic money and credit cards in Japan,” reports the Times Online. Bankers claim the scheme will rescue the economy from another deflationary spiral.
So, how do we interpret the abolition of cash, in Japan, after japanese have been spoken with FED's? Is this a good road to take, I mean CASHLESS SOCIETY, or what? Is this the good direction for us, where Illuminati are willing heading us?
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If the world had no thieves or criminals, and all men/women were of good will, and there was not any inflation, I can't see any reason why we couldn't work in an electronic money society. It is only numbers of a value of we can trade for something else. We have been slowly moving in that direction. Why waste the expense of printing money on paper?
Think back when it would have been unheard of to be doing on line banking, or before we had debit cards... and yet we all do it now.
To be truthful, I seldomly carry any cash on me. Most of my purchases are done with debit or credit cards.