{"id":1300004,"date":"2023-05-27T15:10:52","date_gmt":"2023-05-27T19:10:52","guid":{"rendered":"https:\/\/bugaluu.com\/news\/doug-casey-on-the-death-of-privacy-and-what-comes-next\/1300004\/"},"modified":"2023-05-27T15:10:52","modified_gmt":"2023-05-27T19:10:52","slug":"doug-casey-on-the-death-of-privacy-and-what-comes-next","status":"publish","type":"post","link":"https:\/\/bugaluu.com\/news\/doug-casey-on-the-death-of-privacy-and-what-comes-next\/1300004\/","title":{"rendered":"Doug Casey On The Death Of Privacy… And What Comes Next"},"content":{"rendered":"
\"\"<\/a><\/div>\n

Doug Casey On The Death Of Privacy… And What Comes Next<\/span><\/p>\n

\n

Authored by Doug Casey via InternationalMan.com,<\/em><\/a><\/p>\n

International Man<\/strong>:\u00a0In practically every country, the allowable limit for cash withdrawals and transactions continues to be lowered.<\/p>\n

Further, rampant currency debasement is lowering the real value of these ridiculous limits.<\/p>\n

Why are governments so intent on phasing out cash? What is really behind this coordinated effort?<\/p>\n<\/p>\n

Doug Casey<\/strong>:\u00a0Let me draw your attention to three truths that my friend Nick Giambruno has pointed out about money in bank accounts.<\/p>\n

\n

#1. The money isn\u2019t really yours. You\u2019re just another unsecured creditor if the bank goes bust.<\/em><\/p>\n

#2. The money isn\u2019t actually there. It\u2019s been lent out to borrowers who are illiquid or insolvent.<\/em><\/p>\n

#3. The money isn\u2019t really money. It\u2019s credit created out of thin air.<\/em><\/p>\n<\/blockquote>\n

The point is that cash is freedom. And when the State limits the utility of cash\u2014physical dollars that don\u2019t leave an electronic trail\u2014they are limiting your personal freedom to act and compromising your privacy. <\/strong><\/p>\n

Governments are naturally opposed to personal freedom and personal privacy because those things limit their control, and governments are all about control.<\/p>\n

International Man<\/strong>:\u00a0Governments will probably mandate Central Bank Digital Currencies (CBDCs) as the \u201csolution\u201d when the next real or contrived crisis hits\u2014which is likely not far off.<\/p>\n

What\u2019s your take? What are the implications for financial privacy?<\/p>\n

Doug Casey<\/strong>:\u00a0CBDCs are proposed as a solution, but in fact, they\u2019re a gigantic problem.<\/p>\n

Government is not your friend, and CBDCs are not a solution.<\/strong><\/p>\n

If they successfully implement CBDCs, it would mean that anything you buy or sell, and any income you earn, will go through CBDCs. You will have zero effective privacy. The Authorities will automatically know what you own, and they\u2019ll be in a position to control your assets. Instantly.<\/p>\n

They\u2019ll be able to add CBDCs to the accounts of favored people and subtract from or block access to the accounts of those who aren\u2019t.<\/strong> Digital dollars will be easy to implement since everybody already has a government ID and a Social Security account. Everybody has a smartphone. Soon everybody will have a CBDC account as well. If you lack any of these things, it will certainly ding your oncoming Social Credit Score.<\/p>\n

I\u2019ll go so far as to say that Central Bank Digital Currencies and digital \u201chealth passports\u201d may be the most dangerous threats to the freedom and independence of the average human being in modern history. They will allow the State to easily control where you can go, what you can do, and what you can own. They\u2019re both very big deals, and they\u2019ll be daily facts of life.<\/p>\n

In today\u2019s world, it\u2019s increasingly dangerous to say things that run counter to what\u2019s considered politically correct. <\/strong>If you can\u2019t say something, it\u2019s much harder to do something. And indoctrination through education and the media are making it hard to even think. We will soon be living in a society where you can neither think, say, nor do anything that isn\u2019t PC. Again, the problem is promoted as a solution.<\/p>\n

It\u2019s much like what happened during the great COVID hysteria, which was a relatively minor problem from a medical point of view. The State solution was mass lockdowns and mass vaccination. The solutions were much worse than the problem.<\/strong><\/p>\n

In any event, free speech is dying with cancel culture, trigger warnings, safe spaces, and penalties for so-called hate speech. Free speech should be an absolute\u2014including so-called hate speech.<\/p>\n

I\u2019d like to reemphasize that although \u201chate speech\u201d is typically impolite, unpleasant, and acrimonious, it is, perhaps paradoxically, a good thing. Why? Because it allows you to identify what\u2019s going on in the mind of the person who utters it. And I would much rather know what somebody\u2019s thinking and what somebody\u2019s likely to do than have a tight lid put on so-called hate speech. I prefer knowing who I\u2019m dealing with and what they think and feel.<\/p>\n

International Man<\/strong>:\u00a0It\u2019s not just financial privacy but privacy across the board that is being buried.<\/p>\n

Cellphones, so-called \u201csmart\u201d appliances, electric vehicles, social media, and other electronic devices create an all-encompassing surveillance system that most people voluntarily opt into.<\/strong><\/p>\n

What is really going on here?<\/p>\n

Doug Casey<\/strong>:\u00a0It\u2019s been said that while art imitates life, life also imitates art. Especially when we look at George Orwell\u2019s famous novel,\u00a01984<\/u>. In the book, Big Brother had ubiquitous video screens monitoring what the plebs did. We now have hundreds of millions of cameras all around the world\u2014not counting billions more in smartphones. Universal surveillance is making for very grim times.<\/p>\n

Recently, Klaus Schwab of the World Economic Forum said that everything will be \u201ctransparent\u201d\u2014a euphemism for darker things. But don\u2019t worry: you have nothing to fear, he said, if you do nothing wrong. That\u2019s ridiculous. It\u2019s exactly what the Stasi, the KGB, and the Gestapo said.<\/strong><\/p>\n

I wonder if Schwab would be willing to have a camera observe him in his bathroom and bedroom, when he visits his safe deposit box and has a private conversation with friends\u2014or fellow conspirators? Of course not. Transparency is only for the potentially dangerous plebs, who may not share the views of their betters.<\/p>\n

One of the differences between a civilized society and a primitive, barbaric society, is privacy. In primitive societies, privacy doesn\u2019t exist. You have paper-thin walls in your hut. Everybody sees everything you do and everybody you talk to.<\/p>\n

One of the nice things about civilization is that you can get away from other people and keep them from observing you. Privacy is one of the central elements of civilization itself.<\/strong><\/p>\n

Eliminating privacy, whether it be personal or financial, is not only an aggression against individuals but destructive of civilization itself. Schwab\u2019s \u201ctransparency\u201d is a regression towards barbarism.<\/p>\n

International Man<\/strong>:\u00a0It seems privacy is dead for most people.<\/p>\n

If that is the case, what comes next? Where is this trend headed?<\/p>\n

Doug Casey<\/strong>:\u00a0The first time that it became apparent to me on a personal level was at a police station in D.C., where I was paying a fine for some traffic violation. I got to chatting with the cop in back of the computer screen. This was a long time ago, in the late 70\u2019s.<\/p>\n

And as we talked, he said, in a friendly way, \u201cLook, you don\u2019t have any idea how much information we have on you\u2014but it\u2019s a lot.\u201d<\/p>\n

He wasn\u2019t trying to intimidate me; he was just observing a fact. And that was a long time ago.<\/p>\n

About 25 years ago, Larry Ellison, the head of Oracle Corporation, came out and made a shocking statement to the effect of \u201cPrivacy doesn\u2019t exist, forget about it.\u201d At the time, I thought it sounded like Ellison approved of it, but now I don\u2019t think that was the case. He was just pointing out a reality.<\/strong><\/p>\n

Most recently, Arnold Schwarzenegger made an ad during the COVID hysteria. He said, \u201cTo hell with your freedom,\u201d encouraging people to stop protesting about getting their shots.<\/p>\n

Children no longer say, \u201cHey, it\u2019s a free country,\u201d when one says or does something that another doesn\u2019t like.<\/strong><\/p>\n

People have been programmed not to take privacy seriously. Worse, they\u2019re now suspicious of it and passively accept the fact that it doesn\u2019t exist.<\/p>\n

With China\u2019s Social Credit System, everything you do, everywhere you go, and even everything you say is recorded and reported. We\u2019re going to get our own version. You\u2019ll be rewarded or punished according to what the ruling elite think is good or bad.<\/strong><\/p>\n

So the question is: when, if ever, will this trend turn around? Well, I\u2019m not sure it\u2019s any longer a question of \u201cwhen.\u201d It\u2019s more a question of \u201cif\u201d\u2014at least within a reasonable time frame. The trend is not only still in motion but accelerating. A lack of privacy means a lack of freedom. And a lack of freedom is what characterizes a serf\u2014although in today\u2019s world, you\u2019re a serf with a high standard of living.<\/p>\n

International Man<\/strong>:\u00a0How can the average person protect their privacy and limit their exposure to State and corporate surveillance?<\/p>\n

Doug Casey<\/strong>:\u00a0Limit airing your personal thoughts and actions on Facebook, LinkedIn, and similar types of social media. It\u2019s all accessible to anybody and makes it much easier for the State to control you.<\/p>\n

In my case, I\u2019ve made part of my living by doing the opposite of what you should do. I understand it\u2019s a contradiction. It\u2019s the path that I\u2019ve chosen. But from a personal freedom point of view, it\u2019s not a wise path. I\u2019m reluctant to say so, but I\u2019d advise others not to choose it. It amounts to painting a target on your back.<\/p>\n

At this point, if you want to maximize your personal freedom, you ought to consider living in a country where you\u2019re not a citizen. <\/strong>That\u2019s because governments consider citizens to be their subjects, their assets, their property. However, when you\u2019re a foreign citizen living in a foreign country, the local government tends to consider you a non-threat, almost a non-person. Sad to say, in today\u2019s world, from a personal freedom point of view, you\u2019re better off not living in your own country. That certainly includes the US and Canada.<\/p>\n

From a financial point of view, it\u2019s very important that you own and hold physical gold and silver, physically in your own possession, as opposed to electronically. Paper or electronic accounts are fine for speculating. But you want to have a considerable cache of the physical metals for safety. Plus, at some point, they will revert to day-to-day money.<\/p>\n

Lastly, put a\u00a0layer of protection<\/a>\u00a0between you and the bad guys. Don\u2019t be afraid to use corporations and trusts in the right jurisdictions. Create barriers to make it harder for the bad guys to find out who owns something and where that person really is.<\/strong><\/p>\n

*\u00a0 *\u00a0 *<\/p>\n

The political and economic climate is constantly changing\u2026 and not always for the better. Obtaining the political diversification benefits of a second passport is crucial to ensuring you won\u2019t fall victim to a desperate government. That\u2019s why Doug Casey and his team just released a new complementary report, \u201cThe Easiest Way to a Second Passport.\u201d It contains all the details about one of the easiest countries to obtain a second passport from.\u00a0Click here to download it now<\/a>.<\/em><\/p>\n<\/div>\n

Tyler Durden<\/a><\/span>
\nSat, 05\/27\/2023 – 18:30<\/span><\/p>\n

From:Zerohedge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Doug Casey On The Death Of Privacy… And What Comes Next Authored by Doug Casey via InternationalMan.com, International Man:\u00a0In practically every country, the allowable limit…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-1300004","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pbimBl-5sbO","jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1300004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/comments?post=1300004"}],"version-history":[{"count":0,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/posts\/1300004\/revisions"}],"wp:attachment":[{"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/media?parent=1300004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/categories?post=1300004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bugaluu.com\/news\/wp-json\/wp\/v2\/tags?post=1300004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}