The International War on CashBy Jeff Thomas Along the way, it occurred to me that, at some point, governments might collectively attempt to eliminate paper currency in favour of an electronic currency transferred from party to party solely through licensed banks. Sound farfetched? Well, maybe, but what if the U.S. and EU agreed on an overall plan, then suggested it to other governments? On the face of it, this smacks of conspiracy theory, yet certainly, all governments would benefit from this control and would be likely to get on board. In fact, it might prove to be the only way out of their present economic problems. So, how would it play out? Heres roughly how I saw Phase I: When I first wrote on the subject, there was considerable criticism as to the possibility that such a programme would ever be attempted, let alone succeed. And, granted, it was so Orwellian that it was understandably seen as a crackpot idea. But since that time, the programme has been developing extremely rapidly. In the last six months alone, it has become so visible that it has even garnered a name the War on Cash. References in the media have been made that terrorist groups fund their attacks with cash. Dozens of countries have placed limits on the maximum amount of money that can be moved without reporting. Some, notably France, have already begun lowering their limits. Banks in some countries, notably Sweden, are already treating all cash transactions as suspicious. The previously theoretical Phase I is now well under way. This issue has expanded more quickly than Id anticipated. Clearly, the governments that are forcing it into being are running out of time. There can only be one reason why theyd rush a programme that normally would be given more time for people to accept, and thats that they see a crash coming before they can get Phase II of the programme underway. Although most anyone whos paying attention recognises that Phase I is in motion, Phase II (as I perceive it) is not yet on the radar, but I believe it will be soon. Phase II will be the second wave of measures and they will be more draconian than Phase I: In recent months, Ive warned repeatedly that, since confiscations of deposits will take place, we must assume that banks will additionally raid safe deposit boxes, as stated in the above list. Some banks, beginning with JPMorgan Chase, have placed limits on what forms of wealth can be placed in safe deposit boxes. Since then, Greece has taken this one step further. In future, Greek citizens will be required to declare cash exceeding 15,000, jewellery and precious stones valued at over 30,000 and declare the location of the safe deposit box in which theyre stored. The declaration is fraught with difficulties for the depositor, as he bears the obligation to accurately appraise each item. Should authorities disagree with the appraisal of, say, Grandmas diamond brooch, the depositor would be suspect and may face confiscation. Once Phase II is completed, state wealth control will exist. And, again, this prediction will seem at first glance to be Orwellian a mere fiction. But then, less than a year ago, the War on Cash was regarded by only a few as being even within the realm of possibility, let alone right around the corner. And so it is with Phase II. Now that Phase I is in motion, its accepted as an unsettling reality, but Phase II is the obvious sequel. If you have cash in a bank, you think of it as your own. This is not the case. Its wealth that youve loaned to the bank. In the future, the bank (with governmental approval) will have the power to decide if and when they will return all, or a part, of that cash to you. They will set the rules as to how that decision will be arrived at and those rules will be changed periodically. Since those rules will be arrived at by the banks (without need for your consent), the outcome will most certainly not be in your favour. Those who read this statement might react in one of three ways: The first group will be the largest. They will freeze up, do little or nothing, and become victims. The second group may complain and even struggle a bit against these developments, but wont prepare sufficiently and, ultimately, will also become victims. The solution is surprisingly simple, although it will take work and dedication: International Man Editors Note: The War on Cash and negative interest rates are radical and insane measures. They are a sign of desperation. They are also huge threats to your financial security. Central planners are playing with fire and inviting a currency catastrophe. Most people have no idea what really happens when a currency collapses, let alone how to prepare How will you protect your savings in the event of a currency crisis? This just-released video will show you exactly how.Click here to watch it now. Coming soon! Once the banksters have control of your money, they will just turn you off if you get too loud or annoying about their criminal activities. David Icke has been warning about this for 25 years. So I guess some conspiracy theories could be factual Real estate will be a significant part of reorganization and redistribution.. it will become assigned, so even those holders will not retain their titles. This meltdown will be complete. 