[911]

They'd just smuggle the cash/gold in, or bribe the border guards. The downside of a cashless society far outweigh the benefits.

[Kid Twist]

I'm loving this thread, a breath of fresh air against the cashless, globalist-type desires!

[Kaligula]

(03-17-2019 02:06 PM)Oberrheiner Wrote:  

(03-16-2019 05:40 AM)amity Wrote:  

I know you're 'taking the piss' with your comment above (as we say in Ireland) but on a more serious level, as someone working in Finance in CH, is there a lot of corruption and laundering going on?
I have a good few friends in CH (one who is somewhat involved with the Finance industry)

Corruption is not the problem, the whole system is made to attract capital from outside, so a certain degree of arrangement between friends or looking the other way is implied, and this is normal.

However the problem is that the whole country belongs to the banks (or derivates thereof).
People will tell you they bought a house, but it's a lie.
They will tell you about the new lambo they bought, also a lie.
This is what most people will not tell you about, most of them were trained to not even understand it anymore.

But no, I didn't see any corruption - didn't work in finance for long though, so who knows.
However like I said, it was made to be pretty much unnecessary anyway.

Oh, and a cash-free society is bad, of course.

You mean people buying houses and limos for credit?
That's everywhere now, except maybe the Persian Gulf.

The Swiss banking we are concerned here is really the private Swiss banking. There is a lot of them, not only Jules Baer and Pictet. The private banking is a family banking, namely, a formula for Rotschild power. Money should not belong to a family. It is the prescription for the ultimate lack of transparency.

https://swiss-banking-lawyers.com/best-p...vate-bank/

I have always wondered what those private banks do with money, or do they just put the money in tresors?



Another thing I have never understood - and which may speak for your thesis that Switzerland is owned by banks - is that the entire Swtzelrand seems to stand for its banks, despite the fact that they all are loctaed mainly in Zurich and Geneve.
I mean: show me another country where farmers (peasants) will stand behind banks.
I remember Basler Fasnacht few years ago - a carneval in Basel - when there was a huge amount of anti-German and anti-Schauble (Germany finance minister) jokes. Why so serious about transparency, Swiss people?
And ekhm, ekhm, during Fasnacht I have never seen not just a joke, but a single one acknowledgment that something like BIS (Bank of International Settlements) exists in Basel, just in front of the main railway station.

The question remains: if and in what way do banks own Switzerland?

[BBinger]

(03-17-2019 04:41 PM)Polniy_Sostav Wrote:  

(03-16-2019 11:44 AM)BBinger Wrote:  

(03-16-2019 01:24 AM)Polniy_Sostav Wrote:  

I have always thought that a cashless society would be against freedom
But this is really narrow thinking . Working in places like Ukraine and Albania with the "locals" ; banning cash would be beneficial to these countries . It would eliminate most of the criminals . Same for bitcoin .
In Albania I have seen numerous times people giving huge chunks of 500 euro cash to the currency exchange without being even asked a passport. All this money comes from.the outside and from drug trafficking . Banning cash would help honest people to have better social ranking in the society

Look, a kilogram bar of gold is roughly the size of a smartphone and trades for roughly 50,000 USD. And bitcoin isn't going anywhere. Cash bans are going to mostly hurt what you are referring to as the "honest" folk.

What we have here is a failure to separate morality and ethics, very common in people schooled in socialisms whether of the Soviet or Rooseveltian types along with some general disapproval of the free people socialism likes to pathologize as "anti-social" or "criminal."

If you want to attack the drug problem you attack the drug problem. You have to oppress the users. If you don't attack the drug problem by oppressing the users, there is going to be money on the table and some people are always going to be in a position where the right choice for them is market making in drugs. Thusly you gotta kill the market.

If you attack instead people moving money across borders, you catch all sorts of people who aren't in the drug game. You end up oppressing smarter people with money who see their country going to shit and want to get out before they would be classed as refugees, exactly the sort of people that add value when they land in a new country.

But no. Instead the kind of people who merit freedom get oppressed because there's less of them, because the masses derp about "Drugs are bad 'Mkay" without allowing the drug users to be oppressed the point there's no demand side to be buying drugs. If you don't want drugs you gotta violently oppress the users. If you don't have the spine for that, the people doing drugs are like the people running distilleries or McBeetus. This is a plainly immoral situation and a serious driving factor in why the world is going to shit.

I agree with what you are saying about ethics and morals.
But if someone deals drugs at high level (and even at low level) and gets cash from Italy , Greece or Switzerland. He brings it back home in Albania because it s very easy to pass the borders (you just need to have your cousin and your best friend at the border station) , if cash is banned in Albania , what can he do ? He cannot spend his money . He cannot deposit the money to the bank.
It will force high level people to create companies in a sophisticated way (another type of cheating) but woudl eliminate 90% of the problem

This would solve none of the problem and introduce a new one by making Albania poorer. The high level guy has to be smart enough to know either to cut Albania out of the money if Albania refuses it or go to war with the government like the Mexican cartels do. That's why he's the high level guy.

That is also why you have to attack the drug problem at the demand side if you really want to do the whole "Drugs are bad 'Mkay" thing. As long as the demand side is willing to spend on drugs, there is going to be a crop of somebodies with the risk tolerance to give it a try. A portions of the ones who survive learn and grow up to be high level guys. When you stop the demand side, the high level guys and people who would become high level guys chase their money somewhere else.

As long as there is money to be had, 90% of the problem WILL NOT go away. Instead the problem gets angry, does things in anger, and instead of getting better, everyone just gets piles and piles of new problems including bodies to dispose of. And then there's the morally abominable reduction in human freedom for everyone, but hardest hitting everyone outside the drug shit.

[Polniy_Sostav]

@Bbinger YOu seem to understand economics better than me.
I am also for killing the demand.
I believe locking up all drug users and sellers together is the only way until we restore morals

[BBinger]

(03-18-2019 08:53 PM)Polniy_Sostav Wrote:  

@Bbinger YOu seem to understand economics better than me.
I am also for killing the demand.
I believe locking up all drug users and sellers together is the only way until we restore morals

I immigrated to Uruguay. I don't particularly care about drugs either way.

[Iconoclast007]

SWISS cash, Silver Coins, gold coins, Monero Cryptocurrency . The best private and freedom oriented stores of value in 2019

I am buying as much silver and monero as I can afford. If I had alot more wealth Id hold these 1000 not francs and gold coins.

[BBinger]

(03-19-2019 09:10 AM)Iconoclast007 Wrote:  

SWISS cash, Silver Coins, gold coins, Monero Cryptocurrency . The best private and freedom oriented stores of value in 2019

I am buying as much silver and monero as I can afford. If I had alot more wealth Id hold these 1000 not francs and gold coins.

Bitcoin didn't run away.

[Kaligula]

(03-19-2019 09:10 AM)Iconoclast007 Wrote:  

SWISS cash, Silver Coins, gold coins, Monero Cryptocurrency . The best private and freedom oriented stores of value in 2019

I am buying as much silver and monero as I can afford. If I had alot more wealth Id hold these 1000 not francs and gold coins.

The usefulness of big CHF denomination is somehow limited by the fact that it will be difficult to change them outside Switzerland. What you will do with 1000 CHF notes in Russia, after collapse, when taking travel to Switzerland will cost much more than 1000CHF?

Also, it is useful to remember that Switzerland as such cannot really offer any real value for its currency. The relative value of CHF is limited to Switzerland being a safe place for someone else gold/money etc. Switzerland does not offer any investitions etc.
And being a safe place is conditional on Swiss neutrality being defendable. Which is not any more, in my opinion. Switzerland needs too much things from abroad to function. Uran, petrol, food, armaments etc. Actually everything. Access possible only by air or land, which won't be good in case of industrial collapse.

CANNOT DELETE A DOUBLE POST. SORRY.

[Kaligula]

(03-19-2019 09:10 AM)Iconoclast007 Wrote:  

SWISS cash, Silver Coins, gold coins, Monero Cryptocurrency . The best private and freedom oriented stores of value in 2019

I am buying as much silver and monero as I can afford. If I had alot more wealth Id hold these 1000 not francs and gold coins.

The usefulness of big CHF denomination is somehow limited by the fact that it will be difficult to change them outside Switzerland. What you will do with 1000 CHF notes in Russia, after collapse, when taking a travel to Switzerland will cost much more than 1000CHF?
I would rather collect smaller CHF denominations.
If you try to pay in Europe with CHF, you always get back a local currency. Euroepan ATMs will sometimes offer you GBP or even USD besides EUR, but never CHF.

Also, it is useful to remember that Switzerland as such cannot really offer any real value for its currency. The relative value of CHF is limited to Switzerland being a safe place for someone else gold/money etc. Switzerland does not offer any investments as a replacement for your money. Only with the disappearnance of gold-based monetary systems after WW1, Switzerland became a real banking heaven.
And being a safe place is conditional on Swiss neutrality being defendable. Which is not any more, in my opinion. Switzerland needs too much things from abroad to function. Uran, petrol, food, armaments etc. Actually everything. Access possible only by air or land, which won't be good in case of industrial collapse. Also, the Swiss did not fight for more than 100 years already. Their mountain fortification system has been recently largely put out of service. Frankly, if Tariq Ramadan (a Swiss citizen) would decide to set up a Caliphate in Geneve, I doubt that the Swiss would be able to win in urban guerilla with ISIS fighetrs, for example.

During WW2, the Swiss banked for Germany and allowed transit from Germany to Italy. It was Germany-friendly neutrality.
Switzerland is not Sparta. Switzerland is just a marketplace, an upgraded international zone - with its own currency: if others WISH SO. But will they wish so in future? Swiss economy model is mercenary, they sell themselves to the highest or the most threatening bidder (Germany then, USA now). How do you think Swiss Guards became Papal Guards? The pope paid them as his mercenaries with his gold, not with his blessings.

[Heuristics]

How ironic would it be if the new 1000 note has a RFID in it?

Globalists have been discussing implementing it in the EU for years.

[Kaligula]

Very insightful article on the Swiss buisness model, too:

https://www.resilience.org/stories/2019-...the-world/

Banks are not just places with safes, but JURISDICTIONS. Above all, BIS in Basel is outside Swiss jurisdiction. It is effectively a banking STATE in Europe. BIS is simply - a jurisdiction. How clever. So even if Switzerland were conquered, BIS could be reborn anywhere, since it is a treaty (i.e. legal) entity, not a territorial one. Very clever.

In an OFC ranking that will be published in 2019, we identify a core group of OFCs that structurally capture the largest share of offshore capital stocks and flows worldwide. As the central offshore grid underlying the world’s leading financial centres – London and New York – we rank these OFCs according to their use by investment funds, MNCs and banks. In rank order, our core group consists of the Cayman Islands, Luxembourg, Bermuda, Hong Kong, the Netherlands, Ireland, the Bahamas, Singapore, Belgium, the British Virgin Islands and Switzerland. (...)

Under what thinkers like Nick Land and Curtis Yarvin label Gov-Corp, politics is deemed illegal and citizens are stripped of their rights – the only human right will be ‘exit’ for those who can afford it, meaning capital flight, upholding the cast-iron right of capital mobility. In what can only turn into an endless race to the bottom, future Gov-Corp states will forever compete for hyper-mobile offshore capital.


Sometimes the Left is right:

‘the formula of right-wing alter-globalization is: yes to free finance and free trade. No to free migration, democracy, multilateralism and human equality’.