For sure big push away from cash also for Big Banks too make Social Security pension checks debit cards so they can bill taxpayers and retirees all sorts of fees.
Central Bank trying to push people out of cash so the Big Banks can earn money on credit card interest by billing US Government and taxpayers for transaction fees. The drive is to get people not to use cash, check, or money order, and to do everything by credit card, debit card, and other multiplying payment systems. It impresses me as being a major controlling process. Once they suck you into the credit card gulag, they can penalize you, overcharge you, ruin your credit score, fine-prints you to huge disadvantage in the fine-print contracts.
In effect, they strip you of control over your own money to the extent you had it years ago when everything was cash, check, or money order. this drive to get rid of cash and checks and it’s driven by both banks, other corporations, and by the US Treasury, which doesn’t want you to receive an actual Social Security check. his drive to get rid of cash and checks and it’s driven by both banks, other corporations, and by the US Treasury, which doesn’t want you to receive an actual Social Security check. For example, they push you into a bank account or a Direct Express [prepaid debit card] system where they earn fees on every transaction and bill the US taxpayers.
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