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A Cashless Society Enslaves You to the System

November 17, 2016
 Staff

WRITER

Less than a week after India's surprise move to scrap its highest demonstration cash notes, another war on cash has intensified in Australia. Yesterday, the banking giant UBS proposed that eliminating Australia's $150 bill would be good for the economy, eliminate black market money and strengthen banks so they only have to deal in digits, not actual money.

"You want to talk about true power? True power comes from everyone knowing exactly where you've spent your money, every penny, you not having the ability to make any transaction at all in cash. So somebody wants to stop you, all they have to do is freeze your funds. All they have to do is wipe out your bank account," Glenn said Thursday on his radio program.

Cash is one of the few remaining options for financial privacy that doesn't create a permanent record of every purchase or transaction you make. It's also an easy way to reduce your exposure to risk in the broader financial system. Without cash, you are an absolute slave to the system.

Read below or listen to the full segment for answers to these valuable questions:

• What happens in the event of a catastrophic failure if everything is digitized?

• Will every transaction require approval, like selling a car or gun?

• Will purchasing with cash become illegal?

• Can banks use your money to pay off their debt?

• What would be the biggest heist in human history?

Listen to this segment from The Glenn Beck Program:

Below is a rush transcript of this segment, it might contain errors:

GLENN: This is absolutely incredible. Less than a week after India's surprise move to scrap its highest demonstration cash notes, another war on cash has intensified now in Australia. Yesterday, the banking giant UBS proposed that eliminating Australia's 150-dollar bills would be good for the economy and good for the banks.

Now, here in America, we've been hearing -- and nobody in the mainstream media is talking about this. And I'm telling you, there's going to come a time -- I promise you this: There's going to come a time that no one will be talking about this. And within two weeks, it will be the only thing that anyone is talking about: America going cashless.

Yesterday, they said that -- UBS said that it would be good for the economy and good for the banks. The reason why they say it will be good for the economy is because you'll stop any black market. You'll stop the, you know, drug trade, et cetera, et cetera. And good for the banks, because the banks won't have to handle all that money. It will all be digits.

This is the real reason -- I'm sorry. No. This is one of the real reasons why this is happening, is because it will save the banks a lot of money.

And, remember, the banks are the ones who are ruling the world. But you want to talk about true power -- true power comes from everyone knowing exactly where you've spent your money, every penny, you not having the ability to make any transaction at all in cash.

So somebody wants to stop you, all they have to do is freeze your funds. All they have to do is wipe out your bank account.

In a time where our Pentagon is being hacked by the Russians, the banks are saying, "Let's digitize everything."

You want to wipe out the debt? You want to wipe out the trillion dollars of debt? Digitize everything, and then have some catastrophic failure. Well, I guess we all have to start over again. Well, I guess everything's been equalized now.

In -- yes.

STU: Isn't that the plot from Mr. Robot?

GLENN: Yes, it is.

STU: Essentially.

(laughter)

GLENN: In September 2015, Australian bank Westpac published its free credit report -- its cash-free credit report, suggesting that the country would become cashless by 2022.

In July 2016, Australian payments from Tyro published an enormously self-serving blog touting the benefits of a cashless society, saying, quote, it's only a matter of time. The media and the political establishments have now chimed in as well.

Two days ago, Citibank -- yes, the Citibank that we have -- announced it was going cashless at its Australian branches.

In February of this year, Sydney Morning Herald released a series of articles, some of which were written by officials from Australia's Department of Treasury, suggesting that eliminating cash will save billions of dollars and moving to a cashless society is the next step -- is the next step for the Australian dollar.

The government, media, and banks and academia now have formed a single unified chorus to push the idea to consumers that cashless is good for everyone.

It's happening across the planet now: Australia, India, Europe, and in North America, partially right. Going cashless will save a lot of money. Paper currency is costly to transport in large quantities, due to the need of security. But it is also accurate to suggest that going cashless will be good for the banks.

As UBS pointed out yesterday, demonetizing Australia's 50 and 100-dollar bills would force anyone holding those notes to deposit them back into the banking system.

So bank deposits would rise as a result. So would bank profits. Now, let me think: If we're going to negative interest rates, which means that I would want to pull my money out of the bank because it's costing me money to put it in the bank. And that's the only way the bank survives, is by bleeding me dry, what could the bank possibly do?

Well, if I'm taking my money out because they're giving me a haircut -- they're just taking two -- one, two, three percent -- or if the government so deems it, 10 percent of whatever I have in my bank, I could either take my money out, or the banks could make it so I couldn't take my money out.

Now, they're already doing that by saying you can't make a big deposit -- or, a large withdrawal. They're already trying to make it impossible. But this traps the money because your money won't have any value on the street.

It's not like if you have the money, I can still go out and buy things. I take it out of the bank. No, no. They will outlaw all cash transactions. So no one will take cash, and cash will have zero meaning.

So it would be like trading in toilet paper. That way, I have to do business with the bank. They are able then to give all of us a haircut because all of us have to have our money in the bank.

PAT: And every transaction you ever make will be tracked. So if you ever wanted to be off the grid for whatever reason, you can't be. You just can't be.

GLENN: You can't.

If you want to let's say close the loophole on I want to sell my gun to my friend Steve for $200 -- that's totally legal to do. The gun show loophole. I'm just a private citizen, and I'm selling my private -- I'm selling like a chair. And I'm selling it to this guy. You don't have to worry about that gun show loophole anymore. Because I won't be able to sell even my car on the street with a sign that says, "For sale, call this number."

I can't say it's $800. Just give me $800, and I'll give you the title of the car and go drive away. He won't have the $800. I will have to go to a bank, who will then be paid to make that transaction for me.

Even policy wonk academics would have the rare opportunity to take their lousy theories and PHD dissertations for a test-drive. This means, your politicians have more control over your savings and fewer obstacles to impose capital controls and engage in civil asset forfeiture.

Remember what we were fighting against a year ago or so? Civil asset forfeiture, where already the government is just taking it?

PAT: Uh-huh.

GLENN: And saying, "Well, we don't know where this money came from." Oh, well, you have been charged with a crime, so we're just going to take it from you.

And then you're guilty. They don't give it back. You have to go to court to get it back from them.

JEFFY: Prove that you're not a criminal.

GLENN: Prove that you're not a criminal. Prove that that money -- prove that that asset was yours. And we've been railing on this saying, "This is a really dangerous precedent." Well, what happens when somebody wants to stop you and nothing -- nothing is of value except a digital? You are an absolute slave to the system. Boy, you want to talk about bitcoin becoming through the roof and gold.

STU: It is up, by the way.

GLENN: Bitcoin is up?

STU: Yeah.

GLENN: Cash is one of the few remaining options for financial privacy that doesn't create a permanent record of every purchase or transaction you make. It's also an easy way to reduce your exposure to risk in the broader financial system.

Think about this: The banking system is full of institutions that never miss an opportunity to demonstrate they can't be trusted with our money.

Hardly a month goes by without some major baking scandal. They're caught colluding on exchange rates, manipulating interest rates, fraudulently establishing fraudulent accounts. It's disgraceful.

In many banking systems across the world, especially in Europe right now, banks have precariously low levels of capital and already suffering the effects of negative interest rates. In the United States, banks routinely employ very clever accounting tricks to conceal their true financial condition.

You won't have a say in the matter. Here's what could happen, and all of these things are contingent on a thousand different things. And it doesn't have to be this way. But what could happen is a major global financial disaster, where the markets all around the world are hit and hit hard. A global banking holiday, where everything has shifted so much, they've got to get a handle on the global markets because somebody hacked into the market. Somebody did something wrong. Somebody made a policy that was bad. A country collapsed. There was a terror strike. It doesn't matter what happened.

But there is a global impact on the markets. And we have a global depression. And a collapse of confidence in the banks, in the governments, and in currency.

And so the government says, "Banking holiday, okay. We're set. Two weeks later: Everybody bring all cash in. We're banning all cash. Bring it in. And we're resetting this as a global market. Global cash. It's all in digits. And, by the way, if you don't bring your cash in and you're caught trying to buy anything in cash, you're trying to buy anything without digits, you'll be thrown into jail."

It's pretty much what happened in the Great Depression. Don't think that it can't happen now. This is the kind of thing -- all you need is an excuse. What is -- you know, I just asked the financial adviser that we had on yesterday or day before. I said, "So is there another TARP?" Yeah, it's this.

What's going to save the banks? Because the minute you get scared, you're going to pull your money out, and then it all collapses. Well, they already have the right. Check your bank. Call your bank. Ask for the fine print. Almost all of the banks have changed their fine print to where a bail-in is now their right, that if the bank becomes insolvent, they can take the same percentage of everybody's account to pay off the debts that they have.

So you're the last line. You're the last creditor that they have to pay. You think that you're the first creditor. Because what you're doing is you are loaning your hard-earned money to the bank. The bank then takes that and makes more money on your money by lending that money out to somebody else.

But the bank also has made investments in the stock market, in -- in mutual funds, in treasuries, in all kinds of different things. So they've made investments.

They've also made loans to other people that they can't cover if everybody starts to default on their loans. So there's a hierarchy of who gets paid back. You are now the creditor of last resort. You are the last person the bank has to pay back. You lose your money. And that's all in the -- in writing now.

If they want to make sure the rich get richer -- if you want to see the biggest heist in human history, it's this: Force everyone to put their money into the bank, and then they'll pay off who they will. And then they'll divvy the rest out to you.

[break]

GLENN: You know, it's really amazing how this has just creeped up on the world. And what have we been doing? We have been arguing over --

PAT: Other things.

GLENN: -- nonsense.

JEFFY: Yeah.

GLENN: No, not even other -- we're not even talking -- we haven't been arguing for the last year and a half about anything important.

PAT: Yeah.

GLENN: We've been arguing about, you know, Miss Universe.

PAT: Uh-huh.

GLENN: We haven't been talking about anything important. And look at what happened: This week, in -- have we --

STU: Who is we?

GLENN: I know. I know. I'm saying the western world. Generally speaking, the western world. And especially North America has not been paying attention to what's happening.

STU: Yeah, that's fair.

GLENN: Really happening.

PAT: And people from Australia -- that this is happening at Citibank branches in Australia and think, "Eh, it's Australia."

JEFFY: Right.

GLENN: I want to make sure it's clear. I want to clarify something. This is not all branches. I thought it was all branches.

PAT: Yeah, it's some branches.

GLENN: It's some branches. So they're just starting this now at Citibank.

PAT: But they say the government, media, banks, and even academia have formed this single unified chorus to push the idea to consumers --

JEFFY: Yeah.

PAT: -- cashless is good for everybody. And it's happening across the planet from Australia to India, Europe to North America.

JEFFY: Right.

PAT: This isn't limited to Australia.

GLENN: Nobody is paying attention to what's happening in India. I mean, gold prices in India shot through the roof because they didn't go cashless. They just took everything over a 50-dollar bill. And it almost stopped the country. This week, they just did it. This cashless society is closer than any of us think, and if you think somebody is not going to -- they're going to let a crisis go to waste, you're mistaken.

Featured Image: Indian people wait in a queue to withdraw money from a mobile ATM machine in New Delhi on November 15, 2016. India is to use indelible ink to prevent people from exchanging old notes more than once, the government said, a week after the withdrawal of high-value banknotes from circulation in a crackdown on 'black money'. (Photo Credit: CHANDAN KHANNA/AFP/Getty Images)

Biden's Cabinet Secrets: Marching Toward the Great Reset

Joe Biden's administration is getting ready for something historic, but we're all being distracted. And now that Biden has hired at least 14 former or current executives from Big Tech — experts at colluding to censor unflattering news about Biden — Americans must be laser-focused on what's coming.

On January 20, the most corrupt president in American history will be inaugurated, and it looks like some of his cabinet choices were picked specifically so everything just – poof – goes away. The administration nominees appear to be all about preserving corruption, crony capitalism, and executing a Great Reset. Those same people also have one more thing in common: Ukraine.

On his Wednesday night special this week, Glenn exposes their radical agenda in their own words and gives U.S. senators the questions they must ask before confirming corrupt nominees to some of the highest offices in the country.


Freedom of speech is important. Here at BlazeTV, we work hard to bring you the truth from the most pro-America network in the country, free from Big Tech censors. Support free speech by supporting BlazeTV. Get our largest discount ever: $30 off a one-year subscription with code GLENN. Show your support and join us today!

BLESSED ARE THE PEACEMAKERS: We ARE NOT the people to give in to violence

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I want to talk to you about something that probably didn't make a lot of sense a long time ago. In fact, I can't tell you how many program directors and how many stations threatened to cancel. Or how many calls I got from the average listener saying; What the hell are you even talking about when I talked about, the leadership of Martin Luther King.

I have done everything I can — as much as I possibly can — to teach you about Martin Luther King and nonviolent protests. And I don't think there's anybody in the media who has talked about nonviolence longer and more in-depth on commercial airwaves than me. Preachers, certainly. But commercial airwaves — I don't think anybody has.

Now I think many are beginning to understand why I tried to lay that foundation. I have told you since September 11th that I have this feeling you are going to be the group of people that will, in the end, save the republic.

I've always believed that. I don't know how it's saved. It might just be preserved in our hearts, I don't know. But I believe it now.

I never wanted us to get to this point — everything I've done is to prevent us from getting here. But everybody is so politically tied to their side that no one will let their shields down and actually listen to one another.

And we're at that desperate point now.

You are equipped to save the republic because you at least hopefully have a fundamental understanding of the Constitution and the Bill of Rights. And you have at least a basic understanding of American history. More importantly, what makes this audience so phenomenal is that it is the most generous and service-minded audience of any show in America and perhaps the world.

That's part of what continues to be so frustrating about the Capitol invasion last week. Because you're being maligned.

You.

I know who you are. This is the most peaceful, generous, loving, God-fearing, authentic and patriotic audience in America. And you are frustrated and you are tired of being hit in the face and being called bigot and everything else no matter what you do.

I've been called an anti-Semite just in the last 24 hours by everybody, unjustly.

I get it.

You are now being tainted by the actions of complete imbeciles who do not represent you and me. It's not fair. But that's the hand that we're being dealt and God is in charge and He is not surprised.

We know the left's current tactics fail in the long run. Silencing. Canceling. Taking away rights.

We know the left's current tactics fail in the long run. Silencing. Canceling. Taking away rights. These are the hallmarks of regime, after regime, after Marxist regime on the ash heaps of history. Now China is still there because they've taken the so-called free market and took the capitalist system and they combined it with their Marxist utopia.

I don't know what's going to happen to the people over there. Especially seeing that our high-tech has joined them to weed out the dissidents. But it's not inevitable that we join them.

And it is going to require us to take a stand. Just not in the way that most people — especially if they're angry — think is most effective. Look at the ratings of BLM. 78 percent of Americans, at the beginning of the summer, thought that they were swell.

That number is in the low 20s now. Why? Because violence doesn't work.

I don't know if you saw the fellowship of the ring, but if you did, do you remember when Frodo said: "I don't want to do this!"

He's lamenting having to face down the evil and he's just one guy. I'll never forget it because it was right after 9/11, that the movie came out. I'll never forget Gandalf's reply. He said: "So do we all who live to see such times. But that is not for them to decide. All we have to decide is what we're going to do with the time that is given us."

We can't decide what others are going to do. We can't control the dangerous Orwellian darkness that seems to be descending on America. All we can control is our response and strive to lead by example. If you know anyone in your sphere of influence who might be planning to attend one of these armed rallies in the coming days, beg them not to go. Do everything you can to stop them.

That's not a way to take a stand and it will not protect anything you hold dear and it will endanger the republic. It is what the other side wants.

So how do we take a stand?

The first thing I need you to do today is to help lower the temperature. It has been so hard for me not to respond to people on Twitter who have called me every name under the sun because I quoted the leading Holocaust historian last night on Tucker Carlson.

But see, that wasn't an attack on me, that was an attack on Tucker. If you can scare the guests from coming on to Tucker, you destroy Tucker. That's what they're doing.

Do not vent your anger on social media. At this point, it is probably just going to get your account shut down.

I want you to write this down and I want you to keep this in front of you.

Blessed are the peacemakers. For they will be called the children of God.

That means something today, much more than it did six months ago.

Blessed be the peacemakers.

Be a peacemaker.

And this is the hard part, you can't disconnect. Because things are moving too rapidly. You must stay plugged in.

But I want you to reach out to someone in kindness on social media. Encourage someone. Do not engage with the darkness. Be the light in the corner of your world.

You need to be a leader for what is to come.

And I know I'm asking you almost the impossible. I know you're angry and frustrated and it is gut-wrenching to feel that you're powerless to stop your nation from what you believe is sliding into the abyss.

You are not powerless. You are not voiceless.

I believe it too, with everything in me. I wish I was wrong. I hope that I am. I pray that I am. But know this: You are not powerless. You are not voiceless. You may be the only voice that anyone hears. Voices like mine will go away. I am trying to think of what I need to share with you before, God forbid, that ever happens. Because I cannot live with myself if I talked about something stupid politically and I find my voice silenced and then saying, I wish I would have said this or I wish I would have told them that.

You wield more power than you know. Not because of your voice or being able to call your congressman. You're more powerful than you know because you understand the real problem in America. The real problem in America is not political.

It is spiritual.

If you're like me when you get angry, you think that you are going to take on this challenge on your own — you are not being humble. You think you'll fix it. Everything that is happening to us is because we are an arrogant, out of control people.

We must humble ourselves. Please, you have the skill and the strength to endure the fiery darts that are going to come your way or already are. But this is a problem with our hearts.

You cannot reach someone's head without capturing their heart and no one is going to capture anyone's heart through violence.

Start in your own home and then reach out and if you're able, serve your neighbor. If you can, serve your local community. You must be a beacon of light in a very dark place. I'm going to ask you to do something you're really not going to like. And that's how I know things are from God. When I hear something or I think something and I'm like — oh crap, I don't want to do that — and you just know it it's right. You just know it's what God wants. And you're hoping that maybe you didn't hear it.

And it's so horrible. Because it's the last thing you want to do. But God is unlike many of our churches and preachers, He doesn't tell us what we want to hear. He doesn't have to pay for the church or get collection. Or be judged by how many people go.

Rise above the fray, with service and love, with malice toward none and charity toward all.

He'll say the same thing and he'll lose whole flocks. And they'll eventually start to go — oh wait, where is the Shepherd again?

But I have to tell you now some things that I want you to do. And they're not new. But I need you to hear me. I am asking you if you want to stand for the republic, I need you first to pray.

Pray like you've never prayed before. Pray for humility. Pray for guidance. Pray for peace. Pray for those people who you think you hate. Because you don't. Because hatred does not come from any good place.

Then I want you go out and serve someone in any way possible. On inauguration day especially, get your family and your children involved. Volunteer somewhere, take someone a meal. Do something to lift the spirits of hospital workers or your local police department.

Help a stranger mow a lawn, fix someone's car, pick up trash on the side of the highway. Do what you can do. But the most important thing is to do it with a sincere heart. And if someone asks you, why are you doing this? Just say, because I love my country.

Rise above the fray with service and love, with malice toward none and charity toward all.

Watch how the conversation went on radio HERE:

A pre-Inauguration Day plea: You wield MUCH more power than you know youtu.be


'I will NEVER stop standing for freedom of speech': Glenn Beck reacts to Parler shutdown by Big Tech

Early Monday morning, Amazon Web Services removed social networking platform Parler from its cloud servers. This comes just after Apple and Google removed the Parler app from their app stores over the weekend.

"You can't find them on the internet anymore. They're gone," Glenn Beck said on his radio program Monday.

"This is something I warned you of four years ago ... because a profound technological change is coming," he continued. "I told you, at the time, high tech will need the government, and the government will need high tech. And they will work together to preserve their power and their position. This is what's happening, today."

Glenn said he believes the "far left" has been talking about breaking up companies like Parler for years, and that the Capitol riots provided the opportunity they needed.

"This is not the end of this. This is where the Left is starting," he warned. "Those who persist in standing for freedom of speech, freedom of expression, freedom to assemble, freedom to keep and bear arms, those people will be targeted for deletion. You will be hounded, boycotted, fired, ostracized, and de-platformed. And the louder and the more significant and effective your voice is, the bigger the target is on your back.

"But, let me say this: I will never stop standing for freedom of speech, freedom of expression, freedom to assemble, freedom to keep and bear arms, and all of the rest of the Bill of Rights. That is the American thing to do."

Watch the video below for more from Glenn:


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

Glenn Beck: This is the REAL Raphael Warnock and our new 'national religion'

Photo by Justin Sullivan/Getty Images

Multiple news outlets have called one of Georgia's Senate runoff elections for the Rev. Raphael Warnock, the Democrat who defeated Republican incumbent Sen. Kelly Loeffler.

So, on the radio show Wednesday, Glenn Beck looked into what this "radical preacher" has been saying in the past — and what he'll likely bring to the U.S. Senate in the future.

"Warnock is in one of the most influential and powerful stages of the country. And I use the word 'stage' intentionally," Glenn said. "It's the pulpit. He's the guy who says, if you voted for Donald Trump, well, you're a sinner."

Glenn introduced a video clip in which Warnock asserts:

If it is true that a man who has dominated the news and poisoned the discussion for months needs to repent, then it is doubly true that a nation that can produce such a man and make his vitriol go viral, needs to repent. I know, no matter what happens next month, more than a third of the nation that would go along with this, has reason to be afraid. America needs to repent for its worship of whiteness!

"So, (according to Warnock) you should be afraid," Glenn said. "Oh, and whiteness is evil. And, somehow or another, America has been worshiping whiteness ... see, critical race theory is now our new national religion."

Watch the video clip below to hear more from Glenn:


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.