Brickbat: Don't Spend It All in One Place

Credit: Images_of_Money / flickr

The German government is considering a ban on all cash transactions of more than 5,000 euros. Deputy finance minister Michael Meister says the move is needed to combat money laundering and the financing of terrorism. He says the government would like to see a European Union-wide limit on cash transactions but is prepared to act unilaterally.

Comments

[Fist of Etiquette]

You know who would have had the ball to ban cash altogether?

[Adans smith]

Gene Roddenberry?

[Steve G]

Lance Armstrong?

[WTF]

What you did there, I see it.

[Radioactive]

Hitler?

[SusanM]

The Grand Ole Opry?

[Adans smith]

The Spacing Guild?

[WTF]

Aunty Entity?

[Roger the Shrubber]

Kobe Bryant?

[Adans smith]

+1 wrong hole.

[Vernon Depner]

Jesus?

[Monty Crisco]

" the move is needed to combat money laundering and the financing of terrorism"....

FINALLY!!! The Germans have been so hamstrung all these years, what with their constitution and bill of rights, in fighting terrorism.... THIS should finally do it!!

[Adans smith]

I think most of the fight was beaten out of them in WW 2 . They do have a soothing language though.

[Radioactive]

apparently and most of their brains as well...

[Suthenboy]

Don't many Muslims shun the banking system? All these idiots are going to do is create a second economy in their country, one over which they will have even less control.

When I look at what the Germans are doing to their country it just leaves me speechless.

[Adans smith]

I think they have a system that seems to be much like the one used by the Knights Templar during the crusades .

[Nebelwerfer]

Considering that the ECB is also signalling the abolition of the 500 Euro note, this isn't aimed at Muslims but rather the first steps to force a transition to a cashless economy.
And after that it will high negative interest rates (to stimulate economic activity) and bail out financing by outright robbing saving accounts (the German volume of savings alone is approx. 5000 billion Euro).

[Princess Trigger]

So... buy gold and silver coins?

Since no one has ever thought about how to get around governments' halfassed attempts to control the coinage?

[Rufus The Monocled Derp Slayer]

Mein Kempf Part Deux?

[Roger the Shrubber]

Possession of cash will soon be illegal.

[Adans smith]

And you will be charged fees to use your money,and business will be charged and pass on the fee. Stimulus?

[some guy]

Bitcoin owners giddy in anticipation?

[Rich]

Deputy finance minister Michael Meister ? said "we can imagine a level of 5,000 euros."

Sheesh, Mike, I can imagine a *lot* lower limit.

[Trials and Trippelations]

So when the EU goes cashless I assume that the end of those awful pay per use toilets.

[Trials and Trippelations]

So when the EU goes cashless I assume that will be the end of those awful pay per use toilets.

Sorry that comment was pre-caffeine.

[Radioactive]

you must have meant pant-less

[GroundTruth]

So much for being paranoid to suggest that governments might want to ban cash; looks like it's coming soon to a gulag near you!

Prescience sucks!

[Radioactive]

so does not having any cash...I suggest bags of salt in lieu of...

[jackrose]

nice post thanks admin

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