Banks are restricting cash payments in order to help establish world government.
Jim Rogers is a former colleague of George Soros. They co-founded the Quantum Group in 1973. Rogers has warned governments are seeking to end cash payments. This is a means to implement a surveillance state. Such a state would monitor your every payment.
He noted that many governments around the world are cutting back on the amount of paper currency in circulation.
“Governments are always looking out for themselves first. It’s the same old thing that has been going on for hundreds of years.” “The Indians recently did the same thing. They withdrew 86 percent of the currency in circulation. Furthermore, they have now made it illegal to spend more than $4,000 in any cash transaction.”
The European Commission recently issued a “road map” to implement severe restrictions and reporting requirements on the use of cash. Their final goal is the elimination of the use of cash altogether.
Most noteworthy, Rogers warned that the trend by governments to eliminate the use of cash for economic transactions is part of a larger effort. Governments want to implement a surveillance state. Their goal is to monitor the spending habits of all of their citizens.