Economist John Adams And Analyst Martin North look more deeply into the connection between the attempt to limit cash transactions and the imposition of negative interest rates. Despite what the MSM are saying there is a direct connection. In fact negative interest rates cannot work as planned if cash is freely in circulation.
We cite the links and describe the impact. The deadline for submissions to stop the cash ban is 12 August 2019.
Make your views know to our “elected representatives.” Email: blackeconomy@treasury.gov.au with the subject line:
Submission: Exposure Draft—Currency (Restrictions on the Use of Cash) Bill 2019
As we discussed before, the real agenda is all about negative interest rates and extreme monetary policy, as prescribed by the IMF.
