Report: ‘Cashless Society’ Would Leave Millions Struggling

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Technocrats who are driving the move toward a cashless society could care less about the human displacement and hardships that would be created. No matter what Technocrats tell you about the inevitability of a cashless society, it is pure propaganda to trick you into going along.

Philadelphia, for instance, banned cashless stores and restaurants because of hardships imposed on those who don’t have bank accounts. ⁃ TN Editor

A report into the potential effects of implementing a ‘cashless society’ has found that millions of people would be left struggling, with many vulnerable people being heavily reliant on physical tender.

A report published on Wednesday has found that a shift to cashless society would considerably disadvantage and disenfranchise millions of people, and would also risk harming many vulnerable people reliant on physical notes and coins.

In particular, the study found that 15 million people in the UK are heavily reliant on physical currency for budgeting purposes, with ATM use also remaining high in some of the country’s most economically vulnerable areas compared to pre-pandemic levels.

According to research conducted by the Royal Society of Arts, a number of demographics are extremely reliant on the use of physical cash, including older people, as well as many young people who use tangible currency to help with budgeting.

The research also found that, while ATM use overall went down during the Chinese Coronavirus pandemic and has not since returned to pre-2020 levels, one in seven people found themselves using cash more because of the crisis.

Ultimately, one in five people reportedly said that they would struggle in a cashless society, with the researchers also saying that there is an urgent need for legislation ensuring people’s access to physical cash in the future.

“For millions of people, their relationship with cash is critical to the way they manage their weekly budget,” Mark Hall, who penned the paper, reportedly said. “Despite online banking and shopping becoming more common, our research shows the percentage of the population wholly reliant on cash is unchanged in the past three years.”

“It’s vital that the dash to digital doesn’t disenfranchise anyone, especially with the cost-of-living crisis putting such significant strain on family finances right now,” he also said.

“People are increasingly using less cash and embracing contactless and digital payments,” noted John Howells — the CEO of ATM network LINK — regarding the study. “However, it’s clear that digital does not currently work for everyone and for those living on tight budgets, where every penny counts, there is no better alternative to notes and coins, and they are in no rush to turn to money management tools.”

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About the Author

Patrick Wood
Patrick Wood is a leading and critical expert on Sustainable Development, Green Economy, Agenda 21, 2030 Agenda and historic Technocracy. He is the author of Technocracy Rising: The Trojan Horse of Global Transformation (2015) and co-author of Trilaterals Over Washington, Volumes I and II (1978-1980) with the late Antony C. Sutton.
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Anne

With the cashless society. Those who refuse to go along with satanism to get along would be left with no resources except for the clothes on their back. The brave new world will be one where you will have to deny God and sell your soul to partake in the cashless economy. It’s already foretold in the bible. Seems to me that people who have little to no love for the truth in all things will be the ones who continue to live in fear, and continue to believe and act upon every lie they’re told that will keep them… Read more »

gregory alan johnson

Either you are controlled or removed by “unintended consequences” that are intended. For those under Satan running this insanity, there are no other options.
It is well past time for those in Jesus Christ to stand and fully nullify the effort of subjugation under these demons. In the name of Yeshua/Jesus, Amein.

James Reinhart

I remember a time when we used to pay for products and services between one another with cash and no going through the banking system. The banks and those behind them have no business in our personal affairs and that is part of true freedom. In fact, what ever the exchange we use to facilitate the transfer of goods and services should be up to the people and not the central government and as the Bill of Rights says, “All those rights that are no listed above (the first 10) are given to the state. Taxation is an inversion of… Read more »

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MICHAEL

WE HAVE MILLIONS OF HOMELESS ON THE STREETS – SO NOW WE WANT TO MAKE IT IMPOSSIBLE FOR PEOPLE TO HELP THEM, TO DONATE, OR FOR THEM TO PURCHASE FOOD BECAUSE THEY DON’T HAVE A PHONE? NO REGULAR PERSON IN THIS COUNTRY CAN BE THAT HEARTLESS AND CALL THEMSELVES AN AMERICAN.

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