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Richard Seager's avatar

As a retailer in Australia I can confirm that cash sales are also down to 10% or under of all sales. Go back 10 years and they were more like 34% of sales.

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Richard Seager's avatar

It is easier to catch staff theft at 34% than at 10%. Also staff these days can bring their own Card machines (to take payments on) to work.

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Butternut Saskatoon's avatar

- "It created a diversion from the planned CBDC, because “it worked.” Well, most of the time it did, except when it didn’t. That should have raised a red flag for users: their “money” can vanish in thin air (where it came from), and they cannot do anything about it.”

GRAND SLAM! :D :D :D

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Jessica's avatar

The same people who built their homesteads and raised their children on cash, evading the tax man and wanted an alternative healthy life, have completely bought the "new normal" hook line and sinker ! All these boomers/hippies got completely duped by the environmental bait and switch climate swindle and give their full allegiance to the system. They won't really be around long after the cash is gone with all of the injections that they so willingly took. The youth now could care less... well except my son who always opps for cash over etransfer saying " cash is king"

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Crixcyon's avatar

Anything digital is a form of prison. I have read where all the money in the US is about 90% digital or it does not exist except in computer-ese, ones and zeros. I am using more physical money.

Unless you have a stuffed mattress of cash, the only way to get it is from a bank or ATM or do a transaction with someone who has cash. Using any resource to convert a payment from employment or say social Security, they will have a record of it. Even cash back from a store.

Government is so terrified of its citizens, that it needs a record of every penny you spend and it need to surveil you every second of the day. Lest you should discover it's treachery, lies and corruption and lead a mass pitchfork invasion of its capitols.

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Ray Horvath, "The Source" :)'s avatar

About 97-98% of the money in the US is loans and bank accounts...

If all banks collapsed at the same time, the FDIC could pay about 50 cents after each $100.

The government is anything but terrified. During the plandemic it was playing with its live assets ("people") like a cat with a mouse...

Everyone who pays attention knows the global banking cartel is committing the biggest crime in history, but who can do anything about it, except those who are controlling it? Pitchforks don't work on fiat money... Violence cannot solve a thing now, only exacerbate the demolition of the country:

https://rayhorvaththesource.substack.com/p/invitation-for-conversation-coaxing

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AKcidentalwriter's avatar

Sweden is correct!!!

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Ray Horvath, "The Source" :)'s avatar

About WW3 on TV or about the authorities soon freezing bank accounts?

Of course, one doesn't exclude the other. :)

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AKcidentalwriter's avatar

bringing back cash

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Ray Horvath, "The Source" :)'s avatar

If it's only to make WW3 on TV easier to believe, it's only a move in the game, because martial law is introduced in war:

https://rayhorvaththesource.substack.com/p/martial-law

And that, just like the (un)Patriot(is) Act, will never end...

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AKcidentalwriter's avatar

I do not believe WW3 is a given! What is your time frame for ww3

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Toxicanadian's avatar

Super interesting info Ray!

And in apology to your post about Substack, I have your articles waiting for me to read and comment on. I've been extremely busy with renovations on our 1910 farmhouse lately!

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Ray Horvath, "The Source" :)'s avatar

You do not owe me an apology. :)

I hope, your house will be soon in order!

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