The day is coming when the government will be able to find your money clip.
I was reading an article linked on the Druge Report about how Americans are hoarding their money. That means hiding it under the bed, not putting it in banks. They were saying that inflation has not been as bad as it might be because people are setting their cash aside for a rainy day. This was presented as a bad thing. It sounds to me like another danger that the government will try to protect us from. FDR dealt with it in the depression by putting a special tax on savings. BHO has been following FDR’s playbook so it might still be in our future, by executive order, of course.
How will they do that if the money is under the bed?
Think about the new bills being printed. To see if it is genuine they hold it up to the light. How long will it take for the government to put a tiny little chip in that strip so that they can find your cash hord if they want to? Who is to say they have not already installed the chip?
You know the smart meters they are installing for utilities. They can just drive down the street and gather the data. They might even be able to sit in their office and gather it. It is possible that the smart meter installed to measure your gas also has a sensor to monitor your cash. The first you will know about it is when you get a tax bill based on the money you have been hiding.
Isn’t technology wonderful?
homo unius libri
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Comments are welcome. Feel free to agree or disagree but keep it clean, courteous and short. I heard some shorthand on a podcast: TLDR, Too long, didn't read.