HEY MR. CARSTENS: GO CASHLESS, LOSE MONEY!

Bank of International Settlements chief Augustin Carstens, the man with more chins than China, has been fearlessly advocating - in between sessions of rotundity - for a cashless society and a system of central bank digital currencies.

Now I do not need to rehearse for this website's readership why I think this whole cashless scheme to be a lousy idea that only globalooney banksters could love. If you think the cancel culture of Paypal and JP Morgan Chase is over the top, wait until they succeed (which, incidentally, I don't think they will) in getting rid of cash altogether.  If they can fine you or close your account now for no good reason, and demand you turn over your lists of donors, associates, friends &c and then they might do business with you, wait until they tell you to "think and say such and such, or lose your ability to buy food."  Catherine Austin Fitts has been warning that the whole goal is a "beast system," with the so-called digital "currency" being nothing less than a corporate coupon. a reminder to "behave, or else."

Fortunately, the recent behavior of big banksterdom and electronic-payments-dom has recently been so over the top tyrannical that they might have set that agenda back quite a few years: people rushed out of Paypal, sent the stock plummeting, and one can only hope a similar movement is underway from the "banks-too-big-to-function-efficiently-and-legally" into smaller, more responsible, and more accountable entities. In the meantime, prepare the tar and feathers, because Mr. Carstens has forgotten another problem with the scheme:

What happens when the system goes "down"? or is hacked? or hit with electro-magnetic pulse?  Well, one answer is, those with cash, or gold or silver, and old fashioned hand-cranked cash registers, will still be able to - horrors of central bankster horrors - buy and sell, while those with all their money invested in Carstenselectroeurocoins will be...well, broke. The "system" may end up costing more money, than providing a steady flow of blips in the profit column of the electronic - and electronically vulnerable - ledger, as just happened in (oh delicious irony of ironies) Switzerland, home of Mr. Castens' own central bank to central banks, the Bank of International Settlements:

Cashless society apocalypse: One of the largest Swiss retailer, COOP, loses 100 million $ in 24 hours after digital card payment fails to work

Note that this outage occurred in a period of less than 24 hours:

The latest major example took place in Switzerland on Monday, during which one of the two largest retailers in the country (COOP) lost about 100 million CHF (about 100 million $), because their digital payment system didn’t work.

The outage lasted 24 hours (Monday morning to Tuesday morning), during which you could only pay with cash at Coop throughout Switzerland.

...

Over the last two years, cashless payments have skyrocketed in Switzerland. Nobody has cash anymore. Many Swiss believe cash is a hassle, is annoying, uncompact and stinks too.

Perhaps all those who advocate cashless payment will learn a lesson from this. There should be a lot more disruptions like this. Then people would learn to have some cash in their pockets again.

The state wants everything digital? Be it with ID to cashless … Pay everything with a card? No thank you.

Could crypto be the solution? Well, it may be… But every few days you hear about a major hacking attack… I think it isn’t ripe yet.

Was it a ransomware attack? COOP says no.

So why this power outage? They were probably practicing for the coming power outages that will happen in winter when we have no electricity/energy to support the electronic payment systems.

It might indeed be a “little foretaste” of what lies ahead. We are in an energy crisis and every transaction needs electricity… (Emphasis added)

Remember, they also want to digitize all of your other records too.

Do you trust these people?

I don't.

They've made a first class mess of everything from farming, finance, fuel, pharma... you name it. And now they want to get rid of cash, except that doesn't work either. I'm not surprised that Switzerland would buy into the scheme. But the Swiss aren't stupid either.

I'm wondering how long it will take them to wake up, and opt out of the scheme.

In this case, the business lost money because of the outage. Maybe it can approach Mr. Carstens and ask for the BIS to simply create the same amount of electronic blips on its account as it lost in sales due to the outage. That way everyone will be happy and own nothing...

...but something tells me me Carstens won't be too enthused about that proposal.

"Monsieur, another chin if you please!"

Stay free... use cash.

... Hmmm... if you ask me, there's a resemblance:

BIS Head Urges for Cryptocurrency Intervention to Protect "Real Value ...

Banker clipart monopoly, Banker monopoly Transparent FREE for download ...

See you on the flip side...

Joseph P. Farrell

Joseph P. Farrell has a doctorate in patristics from the University of Oxford, and pursues research in physics, alternative history and science, and "strange stuff". His book The Giza DeathStar, for which the Giza Community is named, was published in the spring of 2002, and was his first venture into "alternative history and science".

No Comments

  1. Robert Barricklow on October 23, 2022 at 11:55 am

    Mr. BIG certainly fits the image, or caricature rendition; of what an artist of the top globalist bankster. Just need to add a few more tentacles, few more heads, etc., – to match Matt Taibbi’s Vampire Squid. The Mr. BIG’s reflection could be mirrored, to bring this “inside reality”, out into the open.
    These “power outages” are not accidental; they’re scheduled.
    Their buses & trains might not be on time; but their crises, are fixed w/German precision.
    Check your local bankster for your coming power outage schedules.

    As far as ransomware; that’s an ongoing war between intelligence agencies, about whose got the rights to such and such.

    White Rabbit



    • Robert Barricklow on October 23, 2022 at 4:22 pm

      They’re still waiting on 5G, aka 5th generation of 1’s and 0’s flying to & from cell phones via radio waves. They’ll be a quantum leap forward in semiconductors and phones using what’s called beamforming. Stronger signals.
      Some may not be able to weather this coming electromagnetic storm.
      A lot of investment is riding on this focused computing power.
      5G will also reset the balance of commerce[banking], and coincidently…
      military power.



      • Robert Barricklow on October 23, 2022 at 4:24 pm

        …and speaking of quantum leaps.
        How’s 5G going to interface w/qubits?



  2. J. Skuba on October 22, 2022 at 1:57 pm

    Jabba the Hut?
    Almost a model Monopoly Game cartoon character of the bloated Financier. I didn’t notice any Diamond Pinky Ring though.
    But he speaks for the rest of his Minionites. They know what they want, they are few, we are many So . . . sharpen your knives. Ever witness a dead calf thrown into a pen filled with hogs? Not a pretty sight but is a way to eliminate SOB’s like Carstens. Why let all those evil calories go to waste Eh?



  3. Richard on October 21, 2022 at 10:21 pm

    Can’t imagine any [PONZI] scheme working out very well anymore than the Party of the east by going west turning out well.



  4. marcos toledo on October 21, 2022 at 7:32 pm

    Does anyone remember the two hurricanes that hit Puerto Rico within a week of each other? Four months without power just imagine trying to buy food and other necessities in a cashless society anyone who thinks worse nightmare.



    • InfiniteRUs on October 22, 2022 at 11:12 pm

      Or War. Power would be out even longer. I heard Russia was running out of conventional weapons to fight with in Ukraine. If true and NATO pushes harder to take back all of Ukraine including Crimea; Russia will only have nukes left to respond with whether he wants to use them or not. This is the corner I suspect the Rotten Banker families are intentionally pushing for. Imagine the power outages in Ukraine, Russia and the US when the nukes start flying. I suspect this conflict is not about Ukraine at all but taking out both Russia and the US when Russia runs out of conventional weapons and is backed into a desperate corner. Think Biden can figure this out on his own before it’s too late? His mental condition is likely why he’s President at this time. Anyone with the tiniest bit of a brain can see where this is going.



  5. zod1ac5corp1o on October 21, 2022 at 12:23 pm

    ‘The man with more chins than China.’ I had to google him and see what he looked like. Made me laugh. Thanks. I need a chuckle now and then. I just buried my dog so appreciate the humour. Keep it coming.



    • birdelder on October 21, 2022 at 5:50 pm

      zod1ac5corp1o

      I’m sad to read you’re grieving the death of your dog. I know that dark place far too well.



  6. Steve.Jinks on October 21, 2022 at 12:01 pm

    Wow. He reminds me of Mr. Creosote, from the Python flick The Meaning of Life. Question: will Creosote be able to use his hand chip to purchase that ‘very thin mint?’



  7. Bizantura on October 21, 2022 at 7:19 am

    The “Augustin Carstens” fiefdom (other name for the EU) might fall apart because they took “no energy for Europe thru boycotting” a little to far! Seems the semi-conductors to keep factories afloat are in danger of closure due to no semi-conductors. The problem of keeping factories going (think food in tin cans) is not solely dependant on energy. The news might not report it, but the streets in France (and other countries) are full of protesting people. How long before the streets turn red and genocide takes a more direct route in Europe?



  8. kalamona on October 21, 2022 at 5:39 am

    this is direct visual attack on my aesthetics called eyes.
    he eats well. that’s good. i would have him wash his underpants and socks for a start. after that? who knows?



    • anakephalaiosis on October 21, 2022 at 7:53 am

      In classic Doctor Who, an Usurian is a seaweed-like fungus, that reverts to its original state, when provoked.
      https://youtu.be/o2lKECLXy3Q



      • Alex on October 21, 2022 at 8:13 am

        Thanks for sharing, really funny.
        I love the way that this is filmed, the irreverent yet humoring tone .
        Some decades ago we were still confident that this seaweed would be easily reverted to it’s original state…
        Let’s remain optimistic, but acknowledge that we all ate some seaweed and need to decide who we are now :))



        • anakephalaiosis on October 21, 2022 at 6:21 pm

          Observe, how the guard freezes, when faced with the dilemma, between waking up, or mindlessly following order, whereas Doctor Who’s companion, Leela, who is all instinct and intuition, is unaffected, and has natural immunity against mind viruses.
          https://youtu.be/rSG45BonHLg



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