EXTRAORDINARY AH Teaching from Spiritual Hierarchy
  NEW READERS! Read Here First
  Supporting AH
  Leadership of AbundantHope
  Regional AH Sites
  Other Sites with AH material
  Contact Us
  Becoming A Messiah
  Mission Ideas
  System Busting
  Cleric Letter/English
  Translations of Cleric Letter
  AH Member Writings
  Brian's Poetry
  Telepathic Messages
  Jess Anthony
  Lucia G
  Targeted Messages
  Light Flower
  Changing The Face Of Religion
  - Phoenix Journals - PDF in German
  Candace on Religion
  Other Spiritual Pieces
  Spiritual Nuggets by the Masters
  Phoenix Journals
  Phoenix Journals - PDF
  Telepathic Messages PDF books
  Selections from the Urantia Book
  Illustrations For The Urantia Book
  CMGSN Pieces
  David Crayford and the ITC
  Health and Nutrition
  Podcasts, Radio Shows, Video by AH
  Political Information
  True US History
  Human/Animal Rights
  The Miracle That Is Me
  911 Material
  Books - eBooks
  government email/phone #'s
  Self Reliance
  Alternative News Sources
  Art and Music
  Foreign Sites
  Health and Healing
  Human/Animal Rights
  Vegan Recipes
  Translated Material
  Gekanaliseerde berichten Jess
  Gekanaliseerde berichten Candace
  Gekanaliseerde berichten Anderen
  Canal Jess
  Par Candace
  Other Channels
  Telepathische Nachrichten (Candace)
  Telepathische Nachrichten (Jess)
  Telepathische Nachrichten (div.)
  AH Mitgliederbeiträge (Candace)
  AH Mitgliederbeiträge (Jess)
  Spirituelle Schätze
  Translations - Candace
  Translations - Jess
  Translations - Others
  by Candace
  By Jess
  By Others
  Anfitriones Divinos
  Bitácoras Fénix
  Creadores-de-Alas (WingMakers/Lyricus)
  Escritos de Candace
  Escritos de Otros
  Telemensajes de Candace
  Telemensajes de Jess Anthony
  Telemensajes de Otros
  By Candace
  By Jess
  By Others
  Korean Translations
  Hungarian Translations
  Swedish Translations

[an error occurred while processing this directive]
Political Information Last Updated: Jun 2, 2020 - 6:39:10 AM

World without money
By D W Documentary with comments by Ron
Jun 4, 2020 - 7:28:15 AM

Email this article
 Printer friendly page Share/Bookmark

A World without Money

Cashless payments are on the rise around the world. They are fast, easy and convenient. But who benefits from digital payment systems? What happens to our financial data? Are consumers losing some of their freedom as a result?

How cash is becoming a thing of the past D W Documentary (Banking documentary)

This 42' 34" video was published by DW Documentary on 21 Nov 2018:

Brett Scott: The current system is essentially you have two forms of money. One's the state money, which is cash; The other is commercial banks which issue private money as it were. We call it the same things but its two forms of money.

Ron: State money is Cash and it is money in the sense that it is issued by the national Treasury ie. the government.  Money (Cash) issued by the Treasury is in the form of coins and bills, the value of which is guaranteed by the government. Cash usually constitutes about 3% of  the total of the "money" in circulation whereas the other 97% of "money" in circulation is actually fiat debt tokens issued by banks in electronic form. The banks thus create "money" our of thin air by typing key strokes on computers creating book entries.

A cashless society means we would only have one form of money in the future.). So not all money is the same.  A cashless society is essentially a euphemism for saying: "A commercial bank payments society. A private commercial bank payment society. That's what a cashless society means.

Be aware that a cashless society is not a moneyless society in which everyone in the community contributes according to ability and as needed, and the community as a whole "owns", ie is the guardian for, the planet's God given resources.  That means that, among other things, each community as a whole, takes care of ALL its members and is the responsible guardian and controller of all relevant available physical planetary resources and the technologies, robots, machines and human resources needed to sustain everyone in abundance while preserving the integrity and ecology of its locale on the planet. Such societies will develop in due course, once humanity evolves in consciousness and integrity. But unfortunately, we are not there yet.

Currently private individuals purport to "OWN" the corporations and governments that "OWN" the planet's physical resources and the factories, technologies, machines and intellectual property etc that could be used to produce abundance for all but they only produce what they require for their own use and benefit, and/or can sell for a profit. As private individuals and their corporations (including governments) currently "own" the resources from which abundance is produced, a cashless society will have the opposite effect from a "moneyless" society because the money meme will remain dominant and accordingly everyone will be required to remain a free range serf; ie a wage slave dependant on employment, welfare payments or other "charity" contributions from governments, corporations and plutocrats, for needed sustenance payments, wages, "compensation" or charity, however described.

Moreover, taxes, charges and levees of all kinds are currently extracted, by force by governments but in a "cashless" society they will be extracted by computer keystokes. In that environment the elimination of cash, ie physical "money" tokens which "wage slaves" can hold in their hands and exchange for goods and services, will usher in an era of total enslavement and dependance upon those who control society including of course the banks that will issue digital money credits to be used in lieu of cash wages and other cash payments.

Societal and individual physical health, wellbeing and wealth depend on two things, the ingenuity and labour of people and proper use of the planet's physical resources. There is no other requirement provided that society is sufficiently spiritually mature to eliminate greed, corruption and power seeking. Eliminating the "money" meme is ultimately essential for that process to be effective. Anyone who doesn't at least "see" that, is part of the problem


Be aware that under their "fractional-reserve banking" policy governments grant free monopoly licences to banks to create electronic fiat debt token  "money"out of thin air using key strokes on computers. Governments also use force and violence to enforce use of that "money" by everyone within their jurisdiction. Moreover banks are authorised to create and lend up to NINE TIMES as much "money" as has been deposited with the bank. In other words MOST bank "lending" consists of fiat debt tokens fraudulently called money, created out of thin air using key strokes on computers. AND yes, the banks DO make a profit by charging interest (usury) on that FAKE money they purport to lend.

As these fractional reserve arrangements make banks vulnerable to "banks runs" the Australian Government has legislated to make depositers with the banks LIABLE for serious banks losses if they occur. See eg: SENATE PASSES 'BAIL IN' LAW - HOW SAFE IS YOUR CASH NOW? -

The legislation grants APRA, the Australian banking regulator, 'crisis powers' to secretly step in and run 'distressed' banks.  It allows APRA to then confiscate and write off certain types of bonds and hybrid securities and allows them to confiscate cash savings of SMSF's (depositers). Whereas elsewhere around the world, including neighbouring New Zealand, they specifically include the confiscation of depositors' funds (savings), the Ausralian version just cleverly doesn't specifically exclude that.

This situation was forshadowed in 'Forthcomng Regulatory Development' in the Australian Bank Capital and the Regulatory Framework: Bulletin - September  'Quarter 2010,'  which states inter alia: that a key reform proposed was:

Ensure that even if a failed or failing bank is rescued through a public-sector capital injection (Ron: ie a BAIL OUT), all of its capital instruments are capable of absorbing losses.This includes a requirement that the contractual terms of capital instruments allow them to be rewritten off or converted into common equite [Ron: ie a BAIL IN) if a bank is unable to support itself in the private market. [Ron: ie if a bank is bankrupt and facing liquidation.

Shorn of all the obfuscatory language this meanss that DEPOSITS lodged with Australian banks can be compulsorily converted into ownership shares in the corporation owning the bank IF it is bankrupt. That means the money placed in a bank for safe keeping can be taken by the bank's owners in return for an allocation of shares in the bank which will be greatly reduced in value and possibly become worthless if the bank is liquidated. WHY? Because the deposits that are converted to shares in the bank rank BEHIND preferred creditors like bondholders etc. See also: Canada Joins Australia & Others With New Bank “Bail-In” Laws. See:

Banks want to get rid of coins and bills for cost reasons, and politicians think less cash will cut the rug out from under criminals and terrorists. 

[Ron: I disagree. Money is used as a socio-political control mechanism. Eliminating cash to eliminate criminal activities or even tax avoidance is an excuse for implementing the banksters' true agenda which is total control of society. Arguably, although reducing costs by eliminating cash would financially benefit the banks, the Central Banks' controllers primary reason for wanting to eliminate cash is that they want total control of the monetary system which would give them total control of the entire population.

IF electronic "money"was to  become the only form of "money" the controllers of that electronic system could introduce negative interest rates* and use them to STEAL the earnings and savings of anyone and everyone without let or hinderance. At best, negative interest rates would become another form of taxation and instead of having the IRS or other private taxation corporations stealing our wealth by masquerading as publicly owned government entities, like the Australian Taxation Department, the banksters could syphon off an additional tax without having to go through the rigmarole of having a free standing IRS style corporation having to do it and send it through the appropriate government Treasury and the IMF to this worlds' REAL bankster owners in the City of London and the Vatican et al.

To prevent complete control of the lives of people by banks and governments it is vital that the population be able to continue to use physical money, ie cash. An electronic cashless system makes the entire population hostage to continuation of availability of the electricity supply and properly functioning electronic banking systems. Moreover, a cashless system would enable banks (and governments if they control the banks) to not only steal money (electronic credits) at any time but also to terminate access to the electronic system, turning the person(s) whose access is terminated into an outlaw, unable to purchase anything. It would be a mechanism for total control which could be used to starve and eliminate people. In other words, apart from stealing your "money" the controllers of the banks could starve you to death by using key stroke that make your "money in the bank INACCESSABLE TO YOU.].

Central bankers want to abolish cash because it would make it easier for them to enforce negative interest rates.

[The suggestion that Central bankers want to abolish cash to make it easier for them to "enforce" negative interest rates is true only because, under the current system of money creation by banks, the banks would have to pay borrowers to borrow their fiat debt token "money"!

The reason that the banksters are currently using negative interest rates in relation to deposits by banks, hedge funds and other large depositors is because they are forced to do that to prevent their usurious global banking system from collapsing entirely. IF they charged negative interest on deposits by ordinary bank users the population would cease to deposit money with them. In fact, in that situation the general population would stop depositing money in banks AND instead ramp up their borrowing FROM banks since the banks would have to PAY interest TO borrowers on "money" they borrow. Sooo, to enable the banksters to keep issuing and distributing the money supply by charging real interest rates (usury) while using the fractional reserve loan system they MUST be able to enforce the charging of positive interest rates on loans while simultaneously applying negative interest rates on bank deposits.

In current circumstances, no one would pay interest to the banks for their fiat debt token "money"loans IF the rest of the commercial and savings banking system shifted into a negative interest rate regime. The banksters are only enforcing negative interest rates AGAINST large depositors, but NOT against ordinary folk using banks to deposit their savings for safe keeping. They have to do that to keep a semblance of normalcy in the banking system so that they can continue to charge real interest on ALL loans and mortgages made to borrowers by banks. As the current unlawful private corporate money creation system requires that ALL new "money" in circulation, other than the 3% of cash issued by national treasuries, HAS to be borrowed into existence from banks, it is essential that the banks maintain a positive interest rate in order to stay in business.

In fact this is the reason that President Trump's Administration is driving Federal Reserve System (the Fed) bank interest rates to ZERO with a probability of it going into into negative territory in future. Once interest rates go negative across the board the Rothschilds' global Central Banking system must collapse since banks would have to start paying norrowers to take out loans!

At that point the global monetary RESET becomes inevitable. The fact that the Fed is emitting huge sums of currency virtually interest free spells its demise; BUT before the Fed is liquidated the Trump Administration needs to ensure that the general US population obtains sufficient faux Fed finance to survive the current lockdown and its negative economic effects. Presumably the Trump Administration is only supporting the rorting by the big banks temporarily while organising the transition of the US into the new monetary system being organised by the International Treasury Controller (Ref: DAVID CRAYFORD ---------- IT’S TIME THAT SOMEONE STARTED KICKING ASS SO THAT CHANGES TO THE CURRENT FINANCIAL SYSTEM CAN BE MADE TO BENEFIT EVERYONE, NOT THE MINORITY - That transition must involve the elimination of the usurious commercial banking system.

The functions of the Wall Street and other commercial banks need to be eliminated and replaced by genuine US Treasury (and other national Treasuries as appropriate) asset backed interest-free money creation and its equitable dissemination to all proper Federal, State and local government projects and organisations.

Arguably, banking should either become a public utility or at least a service business akin to Post Offices, operating to hold money (currency) accounts for safe keeping and providing accountancy services on an appropriate interest free,  fee for service basis.

Eventually humans here will evolve enough consciousness to become sufficiently authentic to dispense with the use of money.  See eg: Repost: Seraphin Message 196: FROM MONEY TO AUTHENTICITY -].

And digital payment companies like Paypal or Visa simply want to profit from money transactions and collect as much financial data about consumers as they can. Their aim is to gain complete control over our buying behavior. For example, the "Better than Cash Alliance" in New York is supported by financial corporations such as Visa or Mastercard. They say the more people that are integrated into the international financial system, the more growth and jobs it will promote. But as our financial behavior becomes more and more transparent, states are also using payment data to find out more about us. The ordinary citizen’s view of cash as a store of value, independent of third party interests, is being increasingly ignored. But for them, cash is and will remain a symbol of freedom.

[Ron: The prevalence of surveillance, privacy abuse, data collection and sale, and the corruption it entails will only be eradicated when sovereign governments assume (or resume) their responsibility for properly issuing asset backed interest free money.].

[Colour fonts, bolding and comments in square brackets added.].


Repost: Seraphin Message 196: FROM MONEY TO AUTHENTICITY -

Trump Takes Control of the Fed -Leads the way for other countries to follow - Michael Tellinger -





Stephanie Kelton: The Public Purse -

A Universal Basic Income Is Essential and Will Work -

Big Brother Benefits: Covid Accelerates Transition to cashless society – but does it mean more safety or less freedom for us ? -

'Orwellian new law' seeks to ban cash transactions over $10,000 -

Adams/North: Its Too Late - Bail-In Has already Happened! -

Why Don’t We Get Rid of Families and Cash ? Soros-funded progressive globalists using Covid-19 to push own ‘technocratic solutions’ -

WHO Urges People To Go 'Cashless' Because 'Dirty Banknotes Can Spread The Virus' -

Regulators are pushing us into a cashless world as RBA declares 'a turning point has been reached' -

COVID-19 Is Being Used To Scare You Away From Using Cash -

The Rise of Cashless Banks (And What To Do About It) -

Liberals, Nationals and Labor Team Up to Pass the Cash Ban Bill -

The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

WHO Urges People To Go 'Cashless' Because 'Dirty Banknotes Can Spread The Virus' -

Big Tech, Big Banks Push for “Cashless Society” -
The Rise of Cashless Banks (And What To Do About It) -

A Look Inside the Scheme to Eliminate Cash, Impose Negative Interest - /Political_Information_43/A-Look-Inside-the-Scheme-to-Eliminate-Cash-Impose-Negative-Interest.shtml

How China’s Mobile Ecosystems Are Making Banks Obsolete -

Don’t let propaganda for the ‘looming cashless society’ deceive you. See:

Elon Musk: Free Cash Handouts “Will Be Necessary” If Robots Take Jobs -

Forget Facebook, They Want to Revoke Your Access to Banking -

Globalists Are Bringing Their One World Currency Plans Out Into The Open -

Wealth Concentration Drives a New Global Imperialism -

How the World’s Leading Banks Help Launder $2 Trillion a Year -

More Lies From The Corrupt Elite -

Stock Buybacks and the Wall Street Sharktank: “A Whole Lotta Stealin’ Goin’ On” -

The Cashless Society Cometh: European Nations Such As Sweden And Denmark Are ‘Eradicating Cash’ -

Private Cities, Freedom Cells, Free Communities are the Solution to Hegemony. See:

Crushing the States, Saving the Banks: The Fed’s Generous New Rules -

How Interlinked Corporations Rule The World -

Bank of England Secret Bail Out of Big Business – over £100bn Committed in 3 Weeks -

The USA Isn’t a Country, It’s a Corporation! -

The Hidden-in-Plain-Sight Mechanism of the Super-Wealthy: Money-Laundering 2.0. See:

Corporate Transnational Warlord Pirates Are On the Run- Vanguard -

The corporate stranglehold on food and agriculture. -

How Billionaires Become Billionaires --

Which Companies Have The Most Tax Havens? -

How Did CEO Pay Get to 500 Times the Wages of Ordinary Workers? -

Trillion-dollar-valued Amazon Pays $0 in Income Taxes for 2018, Gets Multi-million Refund -

The Permanent Unemployment & Underemployment Economy -

Time To Separate Capitalism From Finance -

Anatomy Of A Fiat Currency Collapse -

The Mystery of the One Bank: its Owners? - Jeff NielsonT. See:

Paper Money Versus The Gold Standard -

The Mystery of the One Bank: its Owners? - Jeff NielsonT. See:

Going Local For EVERYTHING: Taking Back the Country and Our Lives. See:

All writings by members of AbundantHope are copyrighted by
©2005-2020 AbundantHope - All rights reserved

Detailed explanation of AbundantHope's Copyrights are found here

Top of Page

Political Information
Latest Headlines
Was The American Revolution A Mistake ?
Is Black Lives Matter Marxist ? Yes... And No
‘Tainting’ Public Opinion ? Minneapolis Court Issues GAG ORDER in George Floyd Trial After Lawyer Tells Cop’s Side of Story
Facebook Appoints Israeli Censor to Oversight Board
Remember The Red Guards Before You Cheer The Woke Mobs
Turkish Proxies Create Chaos in Northeastern Syria
New Docs: NIH Owns Half of Moderna Vaccine
Whistleblower: New Epstein Tapes Show Top Supreme Court Justice Being Blackmailed
Female UK Politician Receives Death Threat Against Relative After Voting pro-life
The Great Race Bait: Don't Fall For It Conservative America
Conspiracy FACT: Soros-funded Prosecutors Let rioters go but declare not agreeing with Black Lives Matter to be a ‘hate crime’
Historic United States Supreme Court Ruling Builds Religious Castle Able To Withstand Socialist Siege
Having no symptoms , is one of the symptoms
Princeton University Faculty Seek to Establish Racial thought Police & Punish Insufficiently Diverse Disciplines
Is Strzok Memo The Rosetta Stone Of Obamagate ?
Turkey To Hold Massive Naval Exercise Off Libyan Coast In 'Message To Egypt'
2020: A Rough Year For Greta ?
The Mask is The Mark Of The Beast in Larval Form
The Secret to Maintaining “Law & Order” Lies with the Sheriffs
END GAME: A Global Police Force Policing a Global Citizenry