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moniss

(9,080 posts)
14. Yes indeed and the measures of
Sat Dec 7, 2024, 11:36 AM
Dec 2024

repression are now more high tech and can be more quickly brought to bear. I have tried for years to get people to understand that making your life increasingly tied to tech can have bad consequences. They usually think I mean identity fraud. But I mean that people need to realize that when "numbers" go into your account by way of direct deposit of your paycheck etc. it does not mean you have money. Cash is money. Numbers on a screen or a paper statement from the bank are just words backed by their "promise". If you deposit cash you don't have "money" you now have the promise that your cash bought for you. So what happens when they can't make good on the promise. Supposedly the government is promising to make the promise good. To an extent. People forget the S&L fiasco in Ohio.

People think they have money because they can whip out a plastic card and the ATM gives them cash or they can use the card to get goods at a store or services some place. But if they turn off the card, which they can do in an instant, all you have is a worthless ice-scraper for your car windshield.

So look how quickly and easily millions of people across the country can be tremendously repressed with just a few keystrokes. At least back in the '50's it took them longer to get at you and if you could roll with some cash and get out of town to a friends house you could go couch surfing for awhile. But now with GPS tracking, credit/debit card use tracking along with the ability to shut off financial access quickly it is a much different environment. I used to chuckle, back in the early 2000's about a guy I knew who was about 20 years older than me and kept a wad of cash in the house along with having bank accounts. I stopped chuckling when I really started to see what would happen to me if my cards suddenly didn't work. We've all probably had the feeling, but didn't extrapolate, when we rolled up to the ATM and needed cash in a hurry and the screen says it's out of order. Same result.

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