Sweden a Trendsetter for Global Tyranny - As Sweden Goes, So Goes the World: The Beginning of the End of Cash
2012-03-20 0:00

From: theatlantic.com

Ed comment. For some background on the tyranical Scandinavian prison system that is being tested here, intended for implementation around the world, please listen to our commentary: The Nordic Model, a Template for Global Enslavement. This is a huge problem. See the related links for more.



Sweden could be pointing the way to a (nearly) cash-free economy.

There are many, many things to dislike about analog money. Cash and coins are unwieldy. They’re heavy. They’re dirty. They leave no automatic record of the financial transactions that are made with them.

Here in the U.S., despite Square and PayPal and other services that would seem to herald the end of cash, bills and coins still represent 7 percent of our total economy. In Sweden, however -- which ranked first in this year’s Global Information Technology Report from the World Economic Forum -- cash is scarcer. And it’s becoming, the AP reports, scarcer still. While Sweden was the first European country to introduce bank notes in 1661, it’s now come farther than any other country in the attempt to eradicate them. In most Swedish cities, the AP notes,
public buses don’t accept cash; tickets are prepaid or purchased with a cell phone text message. A small but growing number of businesses only take cards, and some bank offices -- which make money on electronic transactions -- have stopped handling cash altogether.
Even houses of worship are becoming increasingly friendly to cash-free transactions: At the Carl Gustaf Church in Karlshamn, southern Sweden, Vicar Johan Tyrberg recently installed a card reader to allow worshipers to tithe in digital form.

This isn’t, right now, the end of cash -- in Sweden or anywhere else. As Lars Nyberg, the deputy governor of Sweden’s central bank, put it last year: Cash will survive "like the crocodile, even though it may be forced to see its habitat gradually cut back." But it may be the beginning of the end. Sweden’s innovations suggest a future in which cash is increasingly rare.

A cash-reduced culture gives rise to new concerns -- of cybersecurity and, of course, about privacy. Oscar Swartz, the founder of Banhof, Sweden’s first Internet provider, puts it like so: "One should be able to send money and donate money to different organizations without being traced every time."

But a cashless world could also lead to some significant social improvements. Swedish crime statistics, fascinatingly, seem to suggest a correlation between cash and crime. The number of bank robberies in Sweden has dropped from 110 in 2008 to 16 in 2011 -- "the lowest level," reporter Malin Rising notes, "since it started keeping records 30 years ago." The Swedish Bankers’ Association also says that robberies of security transports are down.

The benefits seem to cut more broadly, as well. Sweden has less of a problem with graft, the AP says, than countries with a stronger cash culture. "If people use more cards, they are less involved in shadow economy activities," economics professor Friedrich Schneider argued. And others note that a cash-reduced culture will disincentivize pickpocketers and muggers: When a card can simply be cancelled, what’s the point?

Source: theatlantic.com



Related Articles
’Big brother’ surveillance makes waves in Sweden
Mikael Odenberg’s PreCrime - "Preventive bugging" in Sweden
EU "cyber snoops" sue Sweden for fighting Big Brother - Although Big Brother already is here
Sweden’s new wiretapping law "much worse than the Stasi"


Latest News from our Front Page

Virginia TV Shooter Said, "Jehovah Spoke To Me That I Should Take Action"
2015-08-28 2:36
What causes a guy to go off the plantation enough so that he would murder in cold blood, two of his former colleagues? Guesses are abounding, such as racial tension, mental illness, psychotropic prescription drugs, narcissism, etc. What about the angle of how a destructive religious cult shaped him in his formative years, so that later in life, he would ...
Invasion into Macedonia from Greece - Border Mayhem
2015-08-28 2:06
Description from video page: These are the desperate scenes at Greece’s border with FYR Macedonia as overwhelmed security forces made sporadic attempts to stem the flow of invaders heading northwards. Riot police set off stun grenades and hit invaders with batons but that did little to stop them passing into FYR Macedonia. Skopje had declared a state of emergency on Thursday (August ...
RamZPaul: TV Reporter Murdered Live On Air
2015-08-28 1:48
Youtube description: The gunman responsible for the live on air shooting of reporter Alison Parker and cameraman Adam Ward said part of his motivation for the attack was Parker making “racist comments.” infowars.com Vid that killer made: (note the actual shooting vid is being censored fast) https://youtu.be/v_AhFxhznPI Jesse Benn advocating "White Wounding: just weeks ago:huffingtonpost.com Source: youtube.com
White House Pushes Race War, Then Blames Guns For Flanagan's "Race War"
2015-08-27 5:04
"You want a race war (expletive)?" Asked shooter The Obama administration is blaming guns for the WBDJ-TV shooting, even though the shooter, Vester Flanagan, was influenced by the White House’s race baiting. The White House has been falsely insinuating that racism is the dominant factor behind numerous events over the past several years, even those that didn’t involve race at all, and ...
How Google Destroyed the Internet
2015-08-27 5:12
The internet was created to resolve a simple problem: in communications networks, any central node through which all messages passed was vulnerable to attack or takeover. To counter this, engineers designed a network where any node would pass messages to other nodes, routing around any damage. Then came commerce and the democratization of the internet. Under this model, frightened sheep flock to ...
More News »