Bank of America CEO: ‘We Want a Cashless Society’


Bank of America CEO Brian Moynihan embraced the digital cashless movement on Wednesday, saying his firm has “more to gain than anybody” from eliminating cash from society.

We want a cashless society,” Moynihan, who heads up the second largest U.S. bank, told attendees at Fortune’s Brainstorm Finance conference.

 He pointed out that more than half of all money transactions are already processed electronically, with the rise of cryptocurrencies, and payment systems like PayPal, Zelle, and digital wallets.

 The global elite and banking lobby want a digital cashless system because this will give them even more control over us. Global bankers want to monitor and control every single transaction, while destroying real world currencies so they can issue money that doesn’t exist, creating impossible financial burdens for the masses, all the while accumulating extraordinary real wealth and power for themselves.

 Populations relying on a fully digital cashless grid will be incredibly vulnerable in times of crisis. A terrorist or military attack, or even a storm or power outage, would mean the end of a functional economy. Payments would stop, the economy would grind to a halt, and life as we know it would end.

 A new, desperate climate would take hold, with entire populations left vulnerable and helpless, completely under the control of their government and the shadowy elites pulling the strings.

 Why would Western governments ban cash when there are such disastrous consequences for humanity waiting just around the corner?

 Because the shadowy elites and their banking cartels want us to be easily manipulated, cowed and controlled.

 Businesses, and even entire countries like Sweden, have already jumped on the movement to end the era of cash, disrupting the hard currency that has underpinned modern economies.

 Yahoo report: Non-cash transactions are forecast to grow by a compounded annualized growth rate of 12.7% through 2021, according to a 2018 study produced by BNP Paribas and Capgemini. Those vast volumes put financial intermediaries in a prime position to benefit from processing those transactions.

 The banking sector has “already digitized,” Moynihan said on Wednesday. “The business has moved digitally and it will continue to move that way. It’s just figuring out how to add the value.”

https://newspunch.com/bank-america-ceo-cashless-society/

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 Everyone is out to lunch on this one.

No, not all.

He looks like Herman Muster.

 Herman Muster, cute comparison. But they are still walking a dangerous line to control people.

 Dump all of the global banks, deal with small town banks only.

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SICK: New Jersey Awarded $3.8 Million In Financial Aid To Illegal Aliens


 A local news report revealed that the state of New Jersey awarded $3.8 million in financial aid to illegal immigrants during the 2018-2019 school year.

According to a report from NJ.com, the state of New Jersey gave $3.8 million in financial aid to 749 illegal immigrant students in the last academic year. More than a quarter of the funding went to 328 illegal immigrants that attend Rutgers University.

New Jersey Governor Phil Murphy signed a law last year that allowed illegal immigrants to apply for financial aid. Prior to the signing, illegal immigrants were permitted to apply to pay in-state tuition at public universities but they were not eligible for financial aid.

Murphy, who supports the spending, hit back at Republican critics by arguing that giving financial aid to illegal immigrants is compatible with American values.

“I’d even invite any of those folks who have that attitude, beginning with our president, to come on into this room and allow me or any of us to say, ‘This is the United States of America,’” Murphy said at the time.

David J. Socolow, executive director of the state’s Higher Education Student Assistance Authority, defended the state’s decision to offer financial aid to illegal immigrants.

“This financial assistance offers these New Jersey students a life-changing opportunity,” Socolow said in a brief comment.“The successes of these first 513 students, who are now attending county colleges, state colleges and universities, and independent institutions around the state, will have a positive impact on countless additional lives.”

According to the report, there is currently no limit on the amount of illegal immigrant students that are permitted to receive financial aid from the state of New Jersey. State lawmakers forecast that they will spend approximately $5 million on financial aid for illegal immigrants each year.

Video: Flashback: NJ Governor signs bill allowing free tuition for illegal immigrants

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