Article Image
News Link • China

Globalist-Endorsed War-On-Cash May Be China's Next Terrifying Weapon

• https://mises.org, by Tho Bishop

This has led to several articles identifying ways in which Western countries have learned from the CCP, including Europe's growing embrace of web censorship and growing interest in the social credit system rolled out in 2018. Given that it wasn't that long ago that it was common to see Western leaders and neoliberal commentators openly envy aspects of the Chinese political system, these concerns are certainly worth exploring. What should be of equal interest, however, is the ways China may be learning from the West.

The next weapon the CCP may plan to wield against its citizens is a War on Cash.

Joseph Salerno, among others, has noted for years now, a successful War on Cash would represent a new escalation in government's long history of weaponizing currency against the population. Moving far beyond the clipping of coins as a means of stealth tax collection, the purpose of a War on Cash is not simply to strengthen a government's grasp on the wealth of its citizens - but the move becomes a highly effective means of tracking any who find themselves in the crosshairs of the state.


CrytoHippie