(Thomas Dishaw) The worldwide war on cash continues, as more and more nations aggressively put restrictions on the use of physical currency, inching us closer to the inevitable cashless society where no one will be able to buy or sell without the mark of the beast.
On September 1st France announced new regulations that ban cash transactions of 1,000 euros. This comes as a surprise since France originally set the threshold at 3,000 euros. Non-residence and tourists transactions also declined from 15,000 to 10,000 euros.
The Ministry Of Economy, (how Orwellian) continues to blame the money laundering underworld for the new restrictions, Adding that more draconian measures will take effect next year:
A second measure, which comes into force on 1 st January 2016 For individuals who perform foreign exchange transactions of their currency against euros. From next year, they will have to provide an ID from 1000 euros. Until…
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