In a bold move that has captured attention globally, Austrian Chancellor Karl Nehammer proposes enshrining the right to use cash into his country’s constitution. This political maneuver is far from simply pandering to a populace fond of tangible money. Instead, it’s a bold act of defiance against the leftist globalist agenda that yearns to control populations by promoting a cashless society.
Chancellor Nehammer notes that “more and more people are concerned that cash could be restricted as a means of payment in Austria.” Indeed, this echoes concerns across Europe, where a war on cash is raging, driven by the political ideologies synonymous with European Union (EU) and globalist initiatives.
Yet, Nehammer holds firm in the face of these pressures, advocating that everyone can decide how they wish to pay, whether by card, transfer, a potential digital euro or cash. “This freedom to choose must and will remain,” he stated, underlining a conservative belief in the power of individual choice and personal liberties.
Cash remains more popular in Austria than in many other places. Chancellor Karl Nehammera wants to enshrine the "right to cash" in his country's constitution. https://t.co/wuMKRXSxGJ
— The Associated Press (@AP) August 4, 2023
Critics would argue that the preference for cash is a far-right stance, a point of view compliantly echoed by mainstream corporate media. They also hint at opportunism on Nehammer’s part, accusing him of trying to secure his political survival. Philip Kucher, head of Austria’s parliamentary group, dismissed the chancellor’s action as “pure populism.”
But such dismissals overlook vital facts. Digital payments and electronic methods may be rising in popularity across Europe, but Austria and neighboring Germany still hold a significant attachment to cash. The Austrian government reports that about 47 billion euros per year are withdrawn from ATMs in the country.
Moreover, this move can be seen as a defense against a growing, disturbing trend in Europe, where cash is increasingly viewed as a hindrance to conventional monetary policy. Several countries in the Eurozone have already implemented strict anti-cash measures. For instance, the French government has intensified monitoring of high-value withdrawals, while Italy has reverted to its former limit of 3,000 euros.
It’s important to note that in the post-9/11 world, restrictions on cash have escalated, often under the pretext of fighting crime and protecting the environment. However, these restrictions undeniably impact individuals’ ability to use cash, infringing on their financial liberties.
This situation raises a question. Why are these leftist entities so eager to see cash disappear? The answer lies in control. Eliminating cash limits the public’s ability to bypass digital platforms where every transaction can be monitored, tracked and ultimately, controlled. A cashless society hands over an alarming amount of power and oversight to governmental entities.
Nehammer’s proposal to safeguard the right to use cash serves as a reminder that monetary freedom is a cornerstone of personal liberty. It is a resistance against an increasingly intrusive globalist agenda that seeks to redefine and control the basic methods of financial exchange.