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European Union to criminalize cash transactions over 500 EUROs. Banking is the primary tool they use to control us. Free people transacting outside of their control is their biggest fear. As the original Rothschild said in 1838: "Let me issue and control a Nation's money and I care not who makes its laws".

This is a close step to a cashless society. Greece has a new law going into effect Next Year which will make it illegal to conduct cash transactions over 1500 Euros. For such transactions, it's Credit/Debit cards and checks only.

This may very well be next for the USA, as we know the Powers that be seems to test their systems on other countries and implement them here.

Prime Minister Mario Monti, in office just over a month, wants landlords, plumbers, electricians and small businesses to stop conducting large transactions in cash, which critics say helps them evade taxes. The government on Dec. 4 reduced the maximum allowed cash payment to 1,000 euros from 2,500 euros. “If they force us to use credit cards, prices will go up,” said d’Andrea, noting that many retailers offer discounts to customers who pay in cash and don’t demand a receipt, in effect splitting with them the savings from evading the country’s 21 percent sales tax.

when the Sowers earned over $10,000 in February, and learned they’d have to fill out paperwork at the bank for such large deposits, they simply rolled the deposits over to keep them below that amount, rather than waste time on bureaucratic red tape.
Structuring explains Overlawyered.com, is the federal criminal offense of splitting up bank deposits so as to keep them under a threshold such as $10,000 above which banks have to report transactions to the government.

This is why bartering with silver and gold is best. :)

"A freak computer glitch at Australia's biggest bank froze cash machines and left millions of people struggling to access their money. National Australia Bank (NAB) said a corrupted file wiped out a huge number of transactions, including salary payments and transfers, and crashed some ATMs, angering many customers who were facing a weekend without money."

Credit cards are no longer being accepted at California medical marijuana dispensaries -- thanks to pressure from the federal government. Someone -- likely the Treasury Department -- has informed credit card companies that they must no longer process credit card transactions involving medical marijuana, according to SF Weekly.

This summer, the State Legislature and Governor of Louisiana passed a law that bans individuals and businesses from transacting in cash if they are considered a “secondhand dealer”.

Internet sellers who don't report their sales will no longer be under the radar. Starting next year, any bank or other payment settlement company that processes credit cards, debit cards, and electronic payments such as PayPal will have to issue information returns telling the IRS what merchants receive. The new returns are Form 1099-K, Merchant Card and Third-Party Payments.

Did you know that over the past 10 years, while the technological costs of processing transactions has gone down, interchange fees have more than doubled? A cost that then gets passed on to you in the form of higher prices.