A Cashless Society Enslaves You to the System

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)

In just the past few days, the Senate passed an unprecedented $740 billion spending bill amid an inflation crisis, we found out that the IRS purchased nearly $700,000 worth of guns and ammo ahead of plans to hire 87,000 new "enforcement" agents, and on Monday the FBI raided the home of a former U.S. president. It's pretty safe to say that there's a whole lot going on in this country that we've never seen before, and conservatives had "better wake up," said Glenn Beck on "The Glenn Beck Program."

"This is the beginning of an entirely new kind of America. And when it is all implemented, look out! The only other thing that I think [Democrats] could do to really polish us off is [use] emergency orders. If [President Joe Biden] goes for emergency orders and declares a national emergency over the weather, we're going to be cooked," Glenn said.

Glenn went on to explain why he believes a new "season" is on the horizon for our nation, but it’s not all bad news. He said he's hopeful for a new class of politicians to enter Washington, D.C., and, while no politician is perfect, a few such as Florida Governor Ron DeSantis can still surprise us.

DeSantis always seems to be ahead of the curve on hot-button issues, and he tackles them the legal way without abusing his power. Just look at how much the media is trying to paint him as evil. That’s a telltale sign that "he’s on the right track, at the right speed. And he's taking all of it on," Glenn said.

Watch the video clip below to catch more of the conversation. Can't watch? Download the podcast here.





Here are 3 ways the 'Inflation Reduction Act' WILL impact you (Hint: NOT by reducing inflation)

(Left) Photo by Joe Raedle/Getty Images/(Middle) Kevin Dietsch/Getty Images/(Right)Andrew Harrer/Bloomberg via Getty Images

The Senate has passed President Joe Biden's $740 billion "Inflation Reduction Act" over the weekend, but the only way this deceptively-named bill will reduce inflation is by crushing your buying power. The massive spending bill includes the largest climate spending package ever passed and will allocate a whopping $80 billion to make the IRS bigger than the Pentagon, State Department, FBI, and Border Patrol combined. And just wait until you see how the bill will affect our farmers.

On the radio program Monday, Glenn Beck broke down three rather "terrifying" components of the 755-page bill and how they will impact you.

Watch the video clip below. Can't watch? Download the podcast here.

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.

CNN’s Brian Stelter had a shocking moment of clarity Sunday when he acknowledged what everyone but the liberal media has known since before the 2020 presidential election: President Joe Biden's son Hunter has been up to some seriously dubious dealings overseas, and his father was almost certainly involved despite his repeated claims to the contrary.

On "Reliable Sources" Sunday, Stelter spoke with first lady Jill Biden's former press secretary, Michael LaRosa, about whether Biden is likely to seek a second term in 2024.

“I hope he runs, and I know he’s going to run. I think he's planning to run ... I don't see why he wouldn't run,” LaRosa stammered.

"What about his son? What about Hunter?" Stelter cut in. “Hunter [is] under federal investigation, charges could be coming at any time. This is not just a right-wing media story. This is a real problem for the Bidens."

Unluckily for Stelter, "The Hill's" Joe Concha can remember all the way back to the fall of 2020:


On a recent episode of Glenn TV, Glenn Beck discussed the most recent findings in the Hunter Biden laptop scandal. Don't get distracted by the seemingly endless stream of scandalous photos and videos, Glenn warns, it's what's coming out about Hunter's overseas business dealings that should be all over the media, because Joe Biden is involved too.

Watch the video clip below or find the full episode here.

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

VOTE: You decide who gets a Badge of Merit (Round 3)

Public domain, via Wikimedia Commons

The Purple Heart in George Washington's time was not given for being wounded. This award went to ordinary soldiers for doing something of merit—something that would find favor in the eyes of God. Washington knew they couldn't win if they weren't on God's side. And if they were on God's side, God would bless them.

I've been looking for people who deserve a George Washington badge of merit. Many of you have submitted nominations. Thank you for the love, respect, and consideration you have shown in doing so.

From your hundreds of nominations, we have narrowed it down to three finalists. Now, it's up to you to decide who gets this honor.

Here are this week's candidates:

1. Dana, the Mom to Many

Dana and her husband Brian run a nonprofit called Dogwood Ranch in southwest Missouri. According to their website:

Dogwood Ranch was created by family, for family. We believe that everyone deserves the chance to live the life for which they were created. Our mission is simple: to provide support for survivors of trauma as they journey towards wholeness. This includes creating a new heritage for foster children and youth who have been abused and neglected, by providing them with safe and healthy forever families. We are also committed to offering a place of belonging for foster teens through individualized transitional living services. Additionally, we offer specialized support through our equine assisted counseling program, which focuses on bringing restoration to foster youth and other at-risk populations, including our honored military veterans and their families. Through the operation of Dogwood Ranch, our desire is to allow those we serve a new way to experience life, family and true redemption. Everyone deserves a chance to find their way home.

According to her nominator, on top of their work at the ranch, they personally foster young girls and have had "over twenty foster girls they now call family."

Her nominator wrote:

They take the toughest cases that come up. On several occasions, I would reach out to see if she could go out, and she would say she couldn’t because they were on suicide watch that night. Young girls have tried to stab her, have stolen her car, and have come to call her Mom…She is an incredibly hard worker, no-nonsense, and full of life and joy. She is constantly making our community and our world a better place.

2. Francine, the Joyful Servant

Francine, who also goes by “Frannie,” and “Fran,” not only has multiple names, but wears multiple hats. At home, she is the mother of two boys with serious disabilities. At work, she is a caretaker for the elderly, and everywhere she goes, she is a ray of sunshine.

Her nominator entrusted her mother, who has since passed, to Francine's care at a nursing home. She said, whenever Francine was working, she would breathe a sigh of relief. She wrote:

While most of the aides looked at the work as just a paycheck, and some of them were actually cruel to the most needy patients, Fran treated each and every one of them like royalty. She saw each individual as unique and worthy of love and understanding. Every patient adored her, because they knew they were in good hands.

Her nominator wrote that she saw treatment of elderly patients that “made her skin crawl.” There was a woman at the nursing home with severe dementia who had become so antagonistic that other aides, to avoid feeding her by hand, would simply not feed her. When Fran was working, she made sure to sit with her while she ate. She even hosted “dinner parties” with multiple residents to ensure they were fed, and happy.

Her nominator wrote:

When Fran was on shift, people who needed help going to bed never had to wait long. Besides, they didn't mind waiting for FRANNIE. She always did everything with such love and care and class! Then, after a long eight hours (or sometimes a double shift!) she would go home to more of the same routine. And in spite of it all, she did it all with a smile on her face. I've never known anyone like her. She was a godsend to my mother. If it hadn't been for her, and a handful of others, Mom's time at the home would have been unbearable. This woman really does deserve an award.

3. Michael, the Godly Father

Michael was nominated by his three children for modeling how a true man of God lives, loves, and serves his community. After serving as a corpsman in the Vietnam War and then working as an elementary school teacher, his children say he was the “solid, and consistently Godly male role model” in his grandchildren’s life. His children wrote:

My father helped raise his grandkids when my sister was a single mom, even though he had already raised his own kids.

Michael shares the gospel in one-on-one Bible studies with young people who have just gotten out of jail. He raises donations for clothing, food, and blankets for the homeless. He meets weekly with young men for Bible studies, to mentor them, and help them mature into men of God.

Michael has taught true love to his children by the way he treats their mother–his wife of 42 years. They wrote:

He is a solid rock of unwavering love for her, which has had a huge impact on how my brother and I treat our own wives. Mike's steadfast love for our mother has taught us the meaning of loyalty, love, commitment, sacred covenant, compassion, honor, and what a true husband looks like.

Most importantly, they say their father "instilled in us an absolute love for our Creator and compassion for our fellow man. He is our number one role model showing us what a godly man is.”

Who do you think deserves a badge of merit? Cast your vote below.