War on Cash Hits a Snag in Europe

Jon Geopolitics

The war on cash may have hit a snag in Europe.
A lot of people apparently don’t want to play along.
If a recent survey published by the European Commission is any indication, the bankers and central planners have their work cut out for them as they push toward a cashless society. Ninety-five percent of respondents opposed a proposal to put an upper limit on cash payments.
As ZeroHedge reported via the Wolfstreet.com, the commission announced it was exploring the option of imposing a ceiling on cash payments earlier this year. The plan was to begin implementing the cross-regional measures as soon as 2018. The commission survey was intended to create ‘a veneer of respectability and accountability.’
That didn’t work out so well.
Most telling was the answer to the following question:
‘How would the introduction of restrictions on payments in cash at EU level benefit you, or your business or your organisation (multiple replies are possible)?’

This post was published at Schiffgold on JULY 24, 2017.