I'm sure many of you are familiar with the extra charge many gas stations charge you a small fee to use your debit/credit card when purchasing gas, or you can go inside and pay with cash, right?

What if that trend flips?
Let's say the bank wants to charge the business for bringing in cash deposits, Vs all digital transactions?
Of course the business owner would be forced to pass that transaction on to you, the customer.

Granted, we aren't there yet, but I see the Fed pulling this shit in the future.
Keep your eyes on this one!

No, no one has mentioned it at all, I'm just floating a balloon that I've no doubt the banks are considering, and it only takes a second for it all to flip.

Thoughts?

Your saying, free to use credit/debit. Fee to use cash?

Quote from: Rick on May 29, 2024, 09:52:43 AMYour saying, free to use credit/debit. Fee to use cash?

Yep. They have generally charged a fee at the pump if you used your card, or you could go inside and pay cash for the advertised price.
I paid as much as a 50 cent transaction fee just to fill up because I was out of cash. Other places charged as much as 3% of the actual sale.
Legal? Well it is Ca and oil is a funny monster in Ca.


I expect to see this fee reverse to a cash charge in the future once they plan on rolling out the CBDC (Central Bank Digital Currency).
That would be the end of cash, but my claim is, that this charge for cash would be the siren call of the doom ahead.
I am relatively confident the Fed won't win, but I still see them pulling this cash charge nonsense.

I don't see cards working much longer. From bank/stock market crash, to internet failure (pick your reason), to, I don't know, civil war. The question will be how long to claw our way back.

Quote from: Solar on May 29, 2024, 12:24:05 PMYep. They have generally charged a fee at the pump if you used your card, or you could go inside and pay cash for the advertised price.
I paid as much as a 50 cent transaction fee just to fill up because I was out of cash. Other places charged as much as 3% of the actual sale.
Legal? Well it is Ca and oil is a funny monster in Ca.


I expect to see this fee reverse to a cash charge in the future once they plan on rolling out the CBDC (Central Bank Digital Currency).
That would be the end of cash, but my claim is, that this charge for cash would be the siren call of the doom ahead.
I am relatively confident the Fed won't win, but I still see them pulling this cash charge nonsense.

i definitely see this as a goal for those in favor of a one world order. At anytime people could be restricted to a limited amount of mileage radius of their home. No finances, no travel. Everything purchased would be knowledge to the feds. But this could only be pulled off if Trump loses. You say often and I tell everyone, we are winning. Democrats could not have put Biden in office had they not changed the rules with Covid. They can not fool the people again. I'm not even sure Biden could pull this off, those in charge of the democrats would need evil on the scale of Hillary.

I do think you have nailed what the democrats see as the ultimate dream for control. I also think they know their time is almost up. They are almost finished, they need this to stay in power.

Quote from: Possum on May 29, 2024, 05:07:10 PMi definitely see this as a goal for those in favor of a one world order. At anytime people could be restricted to a limited amount of mileage radius of their home. No finances, no travel. Everything purchased would be knowledge to the feds. But this could only be pulled off if Trump loses. You say often and I tell everyone, we are winning. Democrats could not have put Biden in office had they not changed the rules with Covid. They can not fool the people again. I'm not even sure Biden could pull this off, those in charge of the democrats would need evil on the scale of Hillary.

I do think you have nailed what the democrats see as the ultimate dream for control. I also think they know their time is almost up. They are almost finished, they need this to stay in power.

Exactly Correct!
I read where Trump has plans for the FED and yanking the power out of the hands of the corporate evil banksters. How he does this has yet to be stated, but I have faith things will change like a tornado just hit DC.

Other than control of the people, I can not think of any reason for eliminating cash. I am guessing during a blackout, buying would stop? No buying and selling between two private people?? Not only could the banjk stop your purchase, they could also stop the retail store from selling??

      

I laugh, only because the thought of that happening is soooo damned absurd, but that's exactly what they want.
Can you imagine seeing a poor guy out of gas, forgot his "Card", and you can't slip him a few bucks for gas, or getting some paid help from the kids on the block, aside the fact, it's no ones damn business that you wanted to paint your fence?

As absurd as it sounds, the Marxists try and spin it as a safe alternative and convenience?
The left has no idea what they're doing, people will die, and I don't mean the good citizens, I mean Commie politicians!

Let's face it. This about leftist control of the folks. It is an obvious invasion of privacy. The ramifications of this would be chaos within the economy. Another example of leftists having no concept of unintended consequences.

Quote from: supsalemgr on Today at 08:41:36 AMLet's face it. This about leftist control of the folks. It is an obvious invasion of privacy. The ramifications of this would be chaos within the economy. Another example of leftists having no concept of unintended consequences.

I don't know, but it appears as if the DNC no longer cares who knows they're actual communists.
But what's worse is, there are Republicans willing to help them in their cause to destroy the US.

Quote from: supsalemgr on Today at 08:41:36 AMAnother example of leftists having no concept of unintended consequences.

Why do people, from media talking heads to us nobodies on the street, always say that the left doesn't know what they are doing or doesn't know about the consequences?

The left (the elites) absolutely KNOWS what they are doing and WANT the consequences to happen. They have PLANNED it out as such. That's why Marxists infiltrated academics, technology, media, government, and commerce.