Here is a good article from Ainslie Bullion on the Cash Ban being considered by the Australian Government Senate. Public submissions close in a few days. The link will take you to Ainslie Bullions news feed and a great submission arguing against the cash ban. https://www.ainsliebullion.com.au/m...nate-submission/tabid/155/a/2145/default.aspx
More pocket money for banks. If you hold cash (bullion also) outside the banking system you avoid negative interest rates. A ‘worrying’ fact pointed out by the IMF when discussing the ‘merits’ of negative interest rates during the next global recession.
How else can they tax the flea market and backyard sales transactions? Everything online means they see everything and can tax everything.
Now they're saying cash contributed to the Great Recession. https://www.forbes.com/sites/jonhar...al-bank-negative-interest-rates/#65e7174a38b1
Gold and silver is the only real money. Plastic or paper notes are only iou’s. A debt receipt that can never be extinguished. Keith Weiner of Monetary Metals is worth following. https://monetary-metals.com/whats-the-price-of-gold-in-the-gold-standard-report-10-nov/