The following content is sponsored by Brownstone Research.
As the world’s economy emerges from the crisis caused by the pandemic, global elites have called for a “Great Reset.” One aspect of this globalist reset is a move to transition us into a “cashless” society. Brownstone Research founder Jeff Brown spoke with Breitbart News Editor-in-Chief Alex Marlow about what is motivating this latest push and how Brownstone Research’s personalized “Great Reset Protection Plan” gives ordinary investors the tools to survive and thrive in this cashless future.
“If governments around the world could completely remove coins and paper currencies from the markets today, they absolutely would,” Brown said. “And the motivation is really simple: Most of the cash transactions that take place governments can’t see. They can’t track. They have to trust that a business is going to pay taxes on those transactions. They have to trust that somebody that might sell their car in cash is going to report the sale and pay tax on that transaction. But so many of these transactions go unreported. And so there is a very material motivation for governments to be able to see, analyze, track, and tax every transaction.”
The pandemic became a catalyst for “contactless transactions,” as businesses increased the use of phone apps and direct credit card payments in order to limit physical interactions.