American Embassies Urged to Stockpile Local Currencies

Some U.S. embassies worldwide are being advised to purchase massive amounts of local currencies; enough to last them a year. Some embassies are being sent enormous amounts of U.S. cash to purchase currencies from those governments, quietly. But not pound sterling. Inside the State Dept., there is a sense of sadness and foreboding that 'something' is about to happen ... within 180 days, but could be 120-150 days.

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Cash to Become Extinct as Microchips Take Off

Cash is accelerating down the path to extinction as new technologies threaten to mark the end of loose change within a decade. Bank and credit union bosses say cash won't be alone, with wallets and credit cards also likely to disappear too. They told The Advertiser's round table forum that cash and cards will be replaced by computer chips embedded in mobile phones, watches or other portable devices.

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Carrying Cash?

Get stopped by the TSAthe airport branchof Homeland Security



This has been going on forever.

I don't know if the DEA still does this, but they used to ROUTINELY arrest and take money from people carrying what they considered "excessive" amounts of cash in airports.

How did they know?

Some people pay for their tickets and flash a roll when paying. Ticket clerks were paid a "finders fee" to turn in passengers.

The victim would then have to sue to get his money back and prove that he earned it through legal means and was not involved in the drug business.

"Are you surprised that this happened?"

Me?

Not at all.