It will be a while before they could go cashless. Gold and silver is where it's at - buy physical, not that asinine "paper" gold. And buy it with cash; don't forget the lessons of the past (1933 gold confiscation/curency re-valuation). What they don't know, they don't know. Precious metals will always have value, whether in U.S. dollars, or some foreign currency. There is a reason China and Russia are buying up gold by the metric tonne, and Germany and Switzerland (and about 17 other nations) want their gold repatriated from the Federal Reserve vaults. If they go totally cashless, you're looking at something with Biblical ramifications. If you don't invest a little in precious metals, buy physical assets that are useful/valuable, land, etc. I try to avoid dealing with the banks as much as possible, and do what I can to stay out of any debt to them (no sense in being a money tree).
I believe we'll see something like this in the not-so-distant future. I figure 401k/IRA/retirement accounts will be first. We owe too many (particularly China) too much money, and they're going to try and pay the debt down one way or another - at the same time they're bailing out the "too big to fails" (a scheme dreamed up by the very banks that have caused this mess). When debt repayment fails, guess what they'll have to do? It's one of the theories I've read as to why they are working so hard on gun bans. It's also supposedly being pushed by China. It's harder to collect on collateral when Joe American can (and will) kill to keep his.
It's all over the web - just google "Cyprus bank", or anything to that effect. You'll see it.
Step 1. Dems and the media make all people who saved money, "evil".
Step 2. Dems tell the young, socialist, stupid, greedy, and victim minded to vote Dem so that they can get some of that free money.
Step 3. Exempt themselves and major donors from it.
Step 4. Stick some of it in their own pockets.
Step 2. Dems tell the young, socialist, stupid, greedy, and victim minded to vote Dem so that they can get some of that free money.
Step 3. Exempt themselves and major donors from it.
Step 4. Stick some of it in their own pockets.
I am glad all my money is in scrap metal. 
I used to think that 'Mericans would get tired of all the crap being shoved down their throats and rise up together. Then I read the post earlier about how a guy took hostages in a Wal-mart with a fire extinguisher and they just complied. A damn fire extinguisher. Let me start to warm up my vocal chords.....ahem ahem....'O Canada, my home and native land.............
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