Cash bans. It’s an insidious concept the Australian government insisted they develop for the Australian peoples’ own good.

The war on cash and therefore the war against freedom is spreading.  First seen in parts of Europe, where cash transactions of as a little as 2000 Euro attract jail sentences, then India, and with the Nigerians’ inability to pull out more than 225 dollars of their savings from an ATM a week now, Australians were about to experience a similar fate on their cash freedoms during the height of the pandemic.

The Australian community knew little about the parliamentary tabling of the $10,000 cash ban legislation, first tabled in May 2018, but enough information trickled into the community to stop it. The Australian Senate was forced to scrap it in 2020, thanks to an active campaign by the likes of John Adams and Martin North, among others in Australia.  

The cash ban legislation, The Currency (Restrictions on the Use of Cash) Bill 2019, was to become law once the parliamentary winter recess ended, back in 2020. This, at the time, gave the Australians a small window of ten days to protest these laws or prepare for what would eventually become a cashless society marked by jail sentences and huge fines if ignored.

For some, this wasn’t a big deal. However, the prospect of paying $10,500 (7,100 US) cash to a car dealer for a nice, new shiny car and then as a result, the car dealer and purchaser facing a 2-year jail sentence or a $25,200 fine was all a bit much.

Yes, the Australian government wanted to imprison citizens as of January 2020 if they dealt in these “criminal” transactions.

However, politicians (this was bipartisan), and particularly Prime Minister Scott Morrison argued the ‘safeguards’ in place within the Bill to protect the everyday citizen.

As it stood, the Regulations which guided the Bill made exemptions for neighbourly transactions of the same amount, cryptocurrency exchanges, and cash payments made during an “emergency.”

But what the government refused to mention was how the Regulations were subject to repeal and could be rewritten or removed without a moment’s notice and with no parliamentary oversight. In other words, the Regulations were as good as crayon on a grade three’s abstract artwork. The treasurer, in this case, could wave their magic wand and make the Regulations disappear forever.

‘Poof,’ just like that.

The Bill was designed to take aim at small business—or so they said, when they mentioned the latest propaganda catchphrase ‘Black Economy’ to emphasise the Aussie tax dodger. This is (still) because the government lays all the blame on citizens’ access to tangible cash.

According to the underlying premise of cash bans, if the government has a digital footprint of every cent a business trades in (i.e., small businesses and not multinational offshore businesses), then every tax cent can be accounted for.

If cash transactions between the average citizen and a business surpassed the cap of 10K (if this ban had been passed), then it would have applied an automatic association of guilt. They must be up to no good if they’re using cold hard savings, former PM ScoMo muttered, and 10 big ones—who’d have that amount to hand over, anyway?

Okay, But Why the Panic?

The Regulations, which were so easily to be erased without a vote, also paved the way for $5,000 and $2,000 cash bans. The TV you wanted to pay cash for would suddenly be a criminal offense with an accompanying jail term. The kid who saved for the computer in hard-earned cash—not happening either unless they use a digital system because paying in cash would suddenly be illegal.

But here’s the takeaway in case you’re loving the ScoMo attack: The current Albanese government is implementing it anyway, just slyly. The current government is now demanding to know the ins and outs of every dollar you spend, where and when and on what. And it doesn’t stop there.

The Looming Economic Crisis Governments Refuse to Discuss

The world is currently experiencing one giant economic bubble, and the international banks are worried about the global citizens’ reaction. Without going into the economic fluff of it all, austerity measures are coming our way and this ties in with the government’s need to control fiat currency—tangible cash.

The international banking system is worried about citizen bank runs. The $10 note you hold in your hand, no matter the currency, will be worthless soon if governments have their way and introduce the new global CBDC.

As seen in Australia, superannuation funds are now a subject of government attention with the talk of new taxes and caps on retirement funds. In France, the retirement age has been lifted, equating to more taxes . . .there are countless examples of superannuation funds being targeted alone, much less cash bans/limits and the inability now to use cash in some premises.

But the Cash Bans. What About the Cash Bans?

Governments around the world failed dismally to scare us away from tangible cash.

Remember when they said it carried C-19? That was their first sneaky step. Now, with the (man-made) inflation crisis hitting every shore of every nation, it is actually cheaper to use tangible cash when doing your grocery shopping or paying your bills.

People are realizing that (in Australia at least) that every single digital transaction with your debit and credit card attracts a 30-cent fee or more. That’s 30 cents you’re giving to the bank every time you use your bank card. Add that up for a month and then add that to your monthly account-keeping fee and then all the businesses’ monthly account-keeping fees as well. That’s a lot of fees when inflation is realistically well above what the government espouses.

And if you’re not paying cash during these hard times, why are you wasting so much of your money?

In short: the government doesn’t want you having a backup plan (cash at home) because it undermines their backup plan, and so they’re pre-empting it. Why do you think so many regional branches are closing in your area? Is it harder to find an ATM to withdraw cash? What happens when the grocery store refuses to let you draw out a cash transaction next time you duck into a shop for milk and bread? It’s all coming to a town near you, folks, but you can stop it without much effort.

How?

Always. Use. Cash.